VP - Corporate Procurement

2 weeks ago


Riyadh, Ar Riyāḑ, Saudi Arabia King Salman International Airport Development Company Full time

Job Purpose:

The Corporate Procurement Vice President (VP) is responsible for overseeing and directing the procurement strategy and operations for the organization. This role ensures that procurement activities are aligned with the company's strategic objectives and compliance requirements, driving cost efficiencies, and fostering strong supplier relationships.

Key Responsibilities:

Strategic Procurement Leadership:

  • Develop and implement the overall procurement strategy in alignment with the company's strategic goals.
  • Lead and manage the procurement team, ensuring optimal performance and professional growth.
  • Establish procurement policies, procedures, and best practices.

Cost Management and Efficiency:

  • Identify and implement cost-saving opportunities and efficiencies within the procurement process.
  • Oversee the negotiation of major contracts, ensuring favorable terms and conditions.
  • Monitor and analyze procurement spend data to inform strategic decision-making.

Supplier Management:

  • Develop and maintain strong relationships with key suppliers and vendors.
  • Evaluate supplier performance and manage supplier risk.
  • Implement supplier development programs to ensure quality and reliability.

Compliance and Risk Management:

  • Ensure all procurement activities comply with legal, regulatory, and company policies.
  • Implement and manage procurement risk management strategies.
  • Oversee the ethical and transparent conduct of procurement activities.

Team Leadership and Development:

  • Build and lead a high-performing procurement team.
  • Foster a collaborative and innovative team culture.
  • Provide mentorship, training, and development opportunities for team members.

Technology and Innovation:

  • Leverage technology to streamline procurement processes and enhance data analytics capabilities.
  • Stay abreast of industry trends and innovations to drive continuous improvement in procurement practices.

KNOWLEDGE & EXPERIENCE

  • Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field. MBA or relevant advanced degree preferred.
  • Minimum of 12 years of experience in procurement, with at least 5 years in a leadership role.
  • Proven track record of developing and implementing successful procurement strategies.
  • Strong negotiation, communication, and interpersonal skills.
  • Deep understanding of procurement best practices, contract management, and supplier relationship management.
  • Experience with procurement software and technology solutions.
  • Certification in procurement or supply chain management (e.g., CPSM, CIPS) is a plus.

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