Procurement Manager
3 weeks ago
The Procurement Manager will lead the procurement function to ensure efficient sourcing of goods and services for high-quality project delivery. This role involves developing procurement strategies, managing vendor relationships, ensuring compliance, and optimizing costs while maintaining quality and project timelines.
Key Responsibilities:- Develop and implement comprehensive procurement strategies aligned with operational and strategic objectives.
- Oversee the procurement of materials, equipment, and services, ensuring timely and cost-effective delivery.
- Negotiate contracts with suppliers and subcontractors to secure favorable terms while maintaining quality standards.
- Establish and maintain a reliable vendor database, evaluating suppliers for cost-effectiveness, reliability, and quality.
- Collaborate with project teams to forecast procurement needs and ensure alignment with project timelines and budgets.
- Monitor market trends and pricing fluctuations to identify cost-saving opportunities.
- Ensure compliance with local and international procurement regulations, company policies, and industry standards.
- Manage the tendering process, including preparing requests for proposals (RFPs), evaluating bids, and awarding contracts.
- Implement and oversee a structured purchase order management system to effectively track procurement activities.
- Analyze procurement data and generate reports on key metrics such as cost savings, supplier performance, and procurement timelines.
- Build and maintain strong relationships with suppliers, subcontractors, and internal stakeholders.
- Lead risk management initiatives to address supply chain disruptions and mitigate potential project delays.
- Drive digital transformation within the procurement function by adopting procurement management tools and systems.
- Provide training and mentorship to the procurement team to enhance skills and ensure adherence to best practices.
- Bachelor's degree in Supply Chain Management, Business Administration, Industrial Engineering, or a related field.
- 8+ years of experience in procurement, preferably in real estate development or construction projects.
- Knowledge of local and international procurement standards and best practices.
- Proven expertise in strategic sourcing, contract negotiation, and vendor management.
- Strong understanding of procurement regulations, supply chain management principles, and market dynamics.
- Excellent analytical and problem-solving skills with the ability to identify cost-saving opportunities.
- Proficiency in procurement tools, Microsoft Dynamics, and advanced Excel.
- Exceptional negotiation and communication skills to build strong relationships with suppliers and stakeholders.
- Fluency in both Arabic and English.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- Results-oriented mindset focused on achieving operational efficiency and cost optimization.
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