Procurement Manager for Strategic Sourcing
2 weeks ago
The organization, Qiddiya, is a flagship gigaproject under Saudi Arabia's Vision 2030 initiative, aiming to create a world-class entertainment, cultural and lifestyle destination.
As a strategic procurement manager, you will manage activities for development and execution of procurement strategies across key categories such as building materials, design consultants, contractor services, FF&E, OS&E, etc., ensuring alignment with the gigaproject's strategic goals.
This role is pivotal in aligning category strategies with business objectives and ensuring strategic and operational procurement excellence across critical categories. The procurement strategy specialist will work cross-functionally with development & procurement teams for strategic procurement planning, supplier relationship management, and operational execution for assigned categories.
Responsibilities- Category Strategy Development:
- Create and implement category strategies aligned with the gigaproject's procurement objectives, focusing on cost optimization, quality, supply security, and supplier performance.
- Analyse and recommend appropriate levers across categories to extract maximum value from the procurement spend, including non-commercial levers such as specification improvement, partnerships, etc., identifying opportunities for strategic sourcing, supplier consolidation, volume purchasing and value engineering.
- Conduct market analyses to identify trends, cost-saving opportunities, and strategic negotiation levers.
- Collaborate with internal stakeholders to conduct category demand analyses and ensure category plans meet project and operational needs.
- Supplier Management:
- Manage relationships with critical suppliers, ensuring alignment with gigaproject's strategic goals.
- Develop long-term framework agreements with suppliers to secure favorable terms.
- Develop supplier performance monitoring frameworks and ensure adherence to quality and delivery standards.
- Operational Excellence:
- Provide support to Business Unit (BU) procurement teams on operational procurement needs.
- Track and report on category performance metrics, identifying areas for improvement.
- Oversee the working teams for the development and execution of category strategies.
- Stakeholder Collaboration:
- Engage cross-functional teams in category risk management, creating mitigation strategies for supply chain risks, such as geopolitical factors and market volatility.
- Provide intelligence on category-related matters across Central Development Unit (CDU) and BU teams.
- Support in building relationships with local suppliers and contractors, driving localization efforts that meet Local Content and Government Procurement Authority (LCGPA) requirements and ensure that procurement activities support local economic development.
- Help identify suitable international suppliers to secure competitive pricing, strategic innovation partnerships and cutting-edge technologies for key project components.
- Support BU teams in execution of category strategy as needed.
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