Chief Procurement Officer
3 days ago
Qiddiya Investment Company is seeking a Chief Procurement Officer - Vendor Management to play a pivotal role in overseeing and optimizing vendor relationships and performance across the organization.
Key Responsibilities- The Chief Procurement Officer will specialize in managing and overseeing IT contracts, developing, negotiating, and reviewing agreements with IT vendors to ensure favorable terms and conditions aligned with organizational goals.
- This role involves managing relationships with IT vendors, negotiating contracts, and ensuring the delivery of goods and services according to agreed-upon terms.
- Collaboration with procurement and legal teams is essential to optimize vendor partnerships.
- Responsibilities include managing key vendor relationships, driving value creation, and mitigating risks associated with vendor partnerships to support the organization's objectives.
- The successful candidate will establish and maintain strong relationships with key vendors, ensuring alignment on strategic objectives and performance metrics.
- Collaboration with internal stakeholders is crucial to understand their vendor needs and align vendor capabilities accordingly.
- Negotiating contracts and agreements to ensure favorable terms, commitment to quality and delivery, and compliance with local regulations is a key responsibility.
- The Chief Procurement Officer will lead initiatives for vendor innovation and technology partnerships, exploring opportunities for new solutions and efficiency gains.
- A Bachelor's degree in business administration, supply chain management, finance, procurement, or a related field is often required.
- Prefer candidates with a master's degree or MBA.
- Minimum of 9 years of experience in vendor management, procurement, or contract management, with a proven track record in large-scale projects, with at least 3-5 years in a leadership or managerial role.
- Strong negotiation and contract management skills, with experience in managing complex vendor relationships.
- Knowledge of local and international vendor markets, especially within sectors including construction, entertainment, or tourism.
- Excellent analytical and problem-solving skills, with a data-driven approach to vendor performance management.
- Strong communication and interpersonal skills, with the capability to influence and engage stakeholders at all levels.
- Fluency in English is required; proficiency in Arabic is highly desirable.
- Experience in developing and implementing vendor risk management frameworks and performance improvement plans.
Our company offers a competitive salary and benefits package.
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