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Category Management Lead

1 week ago

Riyadh, Ar Riyāḑ, Saudi Arabia Qiddiya Investment Company Full time

The Qiddiya Investment Company is a flagship project under Saudi Arabia's Vision 2030 initiative, aiming to create a world-class entertainment, cultural and lifestyle destination. This multibillion-dollar project entails vast procurement of goods & services across numerous procurement categories.

As a key role in the gigaproject's success, the Associate Director will play a pivotal part in developing and executing an overarching category procurement strategy for the 'Professional Services & Marketing' categories, ensuring alignment with the company's strategic goals.

Key Responsibilities
  • Category Strategy Development: Develop and implement a comprehensive procurement strategy for the category, aligning with the organization's procurement objectives of supply security, speed, quality, cost optimization, ESG & innovation.
  • Market Analysis: Conduct detailed market analyses to study suppliers, pricing, seasonality/volatility of supply, emerging trends, regulations, supply chain risks, cost-saving opportunities, competitors, collaborators, etc.
  • Supplier Evaluation: Collaborate with the SRM team to evaluate suppliers on an exhaustive list of factors, e.g., offerings, capacity, technical capabilities, prices, local presence, track record, quality, post-sales support, financials etc.
  • Full Value Enablement: Drive full value enablement to extract maximum value from the procurement spend via commercial and non-commercial levers, e.g. demand consolidation, strategic partnerships, specification improvement, value engineering, negotiation strategies, etc.
  • Category Implementation: Cross-functionally drive implementation of the category strategy via well-defined initiatives and collaboration, e.g., engaging suppliers, formulating strategic partnership structures, executing strategic partnerships, managing supplier relationships, etc.