Procurement Category Lead
7 months ago
**Job Summary**:
The Procurement Category Lead is responsible in the management of direct or indirect material category and will work closely with internal stakeholders to procure cost-effective products and services as per company requirements.
**Job Responsibilities 1**:
- Manage assigned Category and develop and execute strategies especially on critical materials.
- Lead and manage Category teams.
- Manage suppliers ensuring they are prequalified by all stakeholders.
- Monitor and ensure inventory level of the materials does not go below the safety stock.
- Constantly monitor price trends and analyze market data on assigned material categories especially if it is related to commodities and advise management on strategic purchases.
- Review and approve requests for proposals/tenders/information ensuring it is aligned with business unit requirements and company policies.
- Manage the creation/selection of preferred/strategic vendors of the material category.
- Manage the evaluation of products services, and vendors of the material category according to key business criteria.
- Review, evaluate and approve comparison prepared by Procurement Officers.
- Negotiate and finalize purchase order and contract terms of agreement and pricing ensuring security and safeguard to the company.
- Ensure that the procurement activities/transactions are executed by the Procurement Officers comply with company procurement policies, processes, and procedures.
**Job Responsibilities 2**:
- Review and approve Purchase Orders prepared by category Procurement Officers.
- Monitor and ensure compliance of the category targets/KPIs.
- Prepare periodic reports on total spend, including cost analyses and savings of the material category.
- Manage relationships with organizational network and external vendors.
- Monitor vendor performance and resolve issues and concerns.
- Initiate vendor performance evaluation on assigned vendor category on a regular basis.
- Periodically analyze the material category spend by value and volume based by material, frequency of purchase requests, etc. to improve process and service.
- Coordinate with other functions e.g. planning, logistics, and business units to understand operational requirements and priorities.
**Skills**:
**Job Knowledge & Skills**:
- Knowledge, understanding, and experience in Procurement management.
- Knowledge, understanding, and experience procurement policies, processes, and systems.
- Knowledge and understanding and experience in vendor sourcing and management.
- Knowledge and understanding in commodities market and market trend analysis.
- Knowledge and understanding in supply chain value chain
- Knowledge of inventory management, demand forecasting, and logistics.
- Knowledge of logistics and warehousing management.
- Knowledge and understanding of ERP systems.
**Job Experience**:
- Minimum 8-10 years of total experience.
- Minimum 4-6 years in the industry.
- Minimum 1-3 years in the GCC.
**Competencies**:
- Accountability
- Collaboration
- Creates Strategy - Developing
- Develops Future Leaders - Developing
- Drives Performance - Developing
- Leadership
- Logistics Analysis L3
- Material Forecasting L3
- Material Supply Management L3
- Quality
- Resilience
- Supply Chain Management L3
- Vendor Management L3
**Education**:
Bachelor's Degree in Business Administration
This job has been sourced from an external job board.
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