Procurement Specialist

6 days ago


المملكة العربية السعودية, Saudi Arabia Innovative Solutions Full time

Innovative Solutions (IS) is a leading pure-player Cyber security company in the GCC established in 2003 headquartered in Riyadh with presence in Al Khobar, Jeddah, Dubai, and Abu Dhabi. Our Cybersecurity Solutions and Services encompasses Advisory Services, Technical Assurance, Solution Deployment, Professional Services and Managed Security Services.

Innovative Solutions is committed to its Mission to “Bring Trust to Cyberspace” to ensure “**Your Business, Secured**”.

**Responsibilities**:

- Develop and implement procurement strategies in alignment with company goals and objectives.
- Source and manage suppliers, negotiate contracts, and establish favorable terms and conditions for procurement.
- Conduct market research and analysis to identify potential vendors, assess their capabilities, and evaluate their performance.
- Collaborate with internal stakeholders, including finance, legal, and operations teams, to ensure procurement activities meet the company's requirements and compliance standards.
- Manage the procurement process from requisition to delivery, ensuring timely and cost-effective procurement of goods and services.
- Monitor inventory levels and optimize inventory management processes to minimize costs and ensure availability of required materials.
- Track and report on procurement metrics, such as cost savings, supplier performance, and delivery timeliness.
- Stay updated on industry trends, regulations, and best practices in procurement and supply chain management.

**Requirements**:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience in procurement or supply chain management, preferably in the technology or cybersecurity industry.
- Strong knowledge of procurement best practices, contract negotiation, and supplier management.
- Excellent communication and negotiation skills.
- Ability to analyze data, identify insights, and make data-driven decisions.
- Proficient in using procurement software and tools.
- Good understanding of inventory management principles and practices.
- Detail-oriented with strong organizational and multitasking skills.
- Ability to work independently and as part of a team, with a proactive and results-driven mindset.
- Familiarity with relevant regulations and compliance standards.
- Knowledge of cybersecurity concepts, solutions, and industry trends is a plus.



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