Procurement Director

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Future Careers Middle East Full time

An excellent opportunity awaits a highly experienced Director of Procurement to join a Riyadh-based global client. Managing and overseeing all activities of the Procurement and Contracting function to develop and align functional strategy and objectives

  • Develop, monitor, and implement departmental policies and procedures.
  • Manage allocated annual departmental budget by controlling expenditures, cost reduction initiatives, and reporting variances in actual versus budget.
  • Establish and manage an effective vendor prequalification process for the creation of an Approved Vendors List.
  • Prepare periodic performance reports.
  • Manage and oversee purchasing analysis studies.
  • Liaise with companies' management to understand their future procurement needs.
  • Manage the preparation of procurement statistical reports.
  • Direct, and lead the preparation of Request for Quotations, Request for Proposals, and relevant documents and oversee the process of evaluating offers and determining successful vendors.
  • Review all contract/ agreement provisions.
  • Follow up and resolve discrepancies in invoices with concerned vendors and ensure maintenance of comprehensive record system.
  • Close collaboration with different departments to evaluate their procurement requirements, predict demand, and create streamlined procurement procedures in line with budgetary limitations.
  • Provide guidance and leadership to all departmental staff to achieve agreed-upon targeted goals and objectives.
  • Additionally, you will be instrumental in driving sustainability initiatives by identifying environmentally friendly suppliers and implementing responsible sourcing practices to align with the company's corporate social responsibility goals.
  • Keep a vigilant eye on market trends, you will identify potential risks and opportunities, recommend innovative procurement solutions, and stay updated on industry best practices to continuously enhance the procurement function.
  • Responsible for monitoring and analyzing vital performance indicators like cost savings, supplier performance, and compliance, providing detailed reports on procurement achievements, and spearheading ongoing enhancement endeavors across the organization.
  • Track and analyze KPI's, such as cost savings, supplier performance, and compliance, to deliver comprehensive reports on procurement successes and spearhead ongoing improvement initiatives throughout the organization.
  • Monitor market trends and proactively identify potential risks and opportunities providing recommendations for innovative procurement solutions and staying updated on industry best practices to enhance the procurement function.

Skills

  • Bachelor's degree in Business Administration or equivalent (Master's degree is preferred).
  • Ten plus years of procurement experience with 3 years managing a team
  • Demonstrated leadership ability.
  • Excellent communication and presentation skills.
  • Computer software knowledge in MS Excel, MS Word, and MS PowerPoint.
  • Demonstrated negotiation abilities and persuasive selling techniques
  • Excellent analytical skills and ability to plan, forecast, and exercise sound judgment.
  • Strong communication skills with the ability to coordinate inventory needs throughout the company
  • Strong management and leadership skills.
  • Positive demeanor.

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