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Procurement Executive

1 week ago

Riyadh, Ar Riyāḑ, Saudi Arabia Zinco | زينكو Full time
Procurement Specialist Role Summary

This position requires a skilled procurement professional to lead the sourcing, negotiation, and purchasing of sanitaryware and lighting products.

Main Accountabilities
  • Sourcing and Supplier Management: Identify, evaluate, and establish relationships with reliable suppliers and manufacturers of sanitaryware and lighting products.
  • Negotiation and Contract Management: Negotiate pricing, terms, and contracts to ensure cost-effectiveness and quality standards.
  • Supplier Performance Monitoring: Monitor supplier performance and resolve any issues related to quality, delivery, or compliance.
Procurement Operations and Record Keeping
  • Purchase Order Processing: Process purchase orders (POs) and ensure timely approvals and order placements.
  • Record Keeping and Compliance: Maintain accurate records of purchases, contracts, and supplier agreements.
  • Internal Coordination: Coordinate with internal departments (sales, logistics, finance) to ensure smooth procurement operations.
Cost Optimization and Budget Management
  • Market Analysis and Trend Identification: Analyze market trends to identify cost-saving opportunities.
  • Cost-Effective Strategies: Develop and implement cost-effective procurement strategies.
  • Spending Optimization: Monitor budgets and track spending to optimize purchasing decisions.
Compliance and Quality Assurance
  • Quality Standards Enforcement: Ensure all purchased items comply with company standards and industry regulations.
  • Regular Quality Checks: Conduct regular quality checks and coordinate with suppliers for replacements if needed.
  • Regulatory Awareness: Stay updated on import/export regulations and local procurement laws.
  • Supply Chain Planning: Collaborate with warehouse and logistics teams to manage stock levels and avoid shortages or overstocking.
  • Shipping Scheduling: Plan and oversee shipping schedules to ensure timely delivery of materials.
  • Demand Forecasting: Work on demand forecasting and supply chain planning.
Qualifications and Requirements
  • Education: Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
  • Experience: 3+ years of experience in procurement, preferably in the sanitaryware and lighting industry.
  • Negotiation and Contract Management Skills: Strong negotiation and contract management skills.
  • ERP Systems Familiarity: Familiarity with ERP systems and procurement software.
  • Market Knowledge: Knowledge of market trends and supplier networks in sanitaryware and lighting.
  • Communication and Problem-Solving Skills: Excellent communication and problem-solving skills.
  • Multitasking Ability: Ability to work under pressure and manage multiple procurement projects.