Procurement Officer
2 weeks ago
**Position Overview**:
We are seeking a dedicated and detail-oriented Procurement Officer to join our leading Interior Design & Execution firm based in Riyadh, Saudi Arabia, and oversee the procurement process to ensure timely and cost-effective acquisition of goods and services. As a Procurement Officer, you will play a crucial role in sourcing, negotiating, and managing vendor relationships, contributing to the efficient operations of our organization.
**Key Responsibilities**:
- Develop and implement procurement strategies aligned with organizational goals, considering factors such as cost, quality, availability, and sustainability.
- Identify and evaluate potential suppliers, sourcing materials, goods, and services required by the organization. Maintain a comprehensive vendor database.
- Negotiate favourable terms and conditions with suppliers, including pricing, delivery schedules, and payment terms. Ensure procurement agreements meet legal and ethical standards.
- Create and manage purchase orders, ensuring accurate specifications, quantities, and pricing. Coordinate with relevant departments to obtain necessary approvals.
- Monitor and manage procurement budgets, tracking expenditures and identifying cost-saving opportunities without compromising quality.
- Cultivate and maintain strong relationships with suppliers, addressing issues, resolving disputes, and fostering collaborative partnerships.
- Stay informed about market trends, pricing fluctuations, and industry developments to make informed procurement decisions.
- Collaborate with Quality Control teams to ensure procured goods and services meet established quality standards and specifications.
- Work closely with inventory and warehouse teams to optimize inventory levels and prevent stockouts or excess stock.
- Generate regular procurement reports, detailing procurement activities, expenses, and vendor performance.
**Qualifications and Requirements**:
- Previous experience as a Procurement Officer or in a similar procurement role is preferred.
- Holds a bachelor’s degree in business administration, Supply Chain Management, or a related field. Relevant certifications (CSCP, CIPS, etc.) are advantageous.
- Strong negotiation skills to secure favourable terms and conditions with suppliers.
- Excellent communication skills to interact with vendors, internal teams, and stakeholders.
- Strong analytical skills to evaluate supplier offerings and make informed procurement decisions.
- Familiarity with procurement software and tools. Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
- Ability to manage multiple procurement activities simultaneously, meeting deadlines and priorities.
- Ability to address procurement challenges and find effective solutions.
- A commitment to ethical procurement practices and compliance with regulations.
- A collaborative attitude to work effectively within cross-functional teams and contribute to overall organizational success.
Application Deadline: 23/12/2023
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