Procurement Expert

1 week ago


Riyadh, Ar Riyāḑ, Saudi Arabia geidea Full time

At geidea, we're seeking a highly skilled Procurement Expert to lead our group-wide technology procurement activities. As a key member of our team, you will be responsible for overseeing the day-to-day operations, delivery follow-ups, and supplier relationship management.

Key Accountabilities:

  • Evaluate approved technology-related purchase requisitions within the SAP system.
  • Convert approved requisitions into purchase orders, adhering to procurement policies and SOPs.
  • Sourcing renowned technical suppliers in local and global markets.
  • Select technology vendors and suppliers ensuring they meet technical and compliance requirements.
  • Develop strong relationships with strategic technology suppliers for optimal performance and value.

Contract Negotiation and Management:

  • Negotiate contracts with technology vendors focusing on cost-effective pricing and SLAs.
  • Review vendor contracts in terms of favorable terms and technical/compliance requirements.
  • Monitor existing contracts facilitating timely renewals or terminations.

Delivery and Implementation Oversight:

  • Ensure timely delivery and implementation of technology products and services coordinating with internal IT teams and external suppliers.
  • Address and resolve issues related to technology deliveries or implementations promptly.
  • Collaborate with the finance team to ensure accurate budgeting and timely payments to technology suppliers.

Risk Management and Compliance:

  • Identify potential risks in technology procurement and develop mitigation strategies.
  • Ensure all procurement activities comply with relevant legal and regulatory requirements as well as internal policies.

Process Improvement and Automation:

  • Recommend and assist in implementing automation and integration opportunities to enhance procurement workflows and processes.

Requirements:

  • 5+ years of experience in procurement with at least 2 years in technology-related procurement.
  • Banking sector or IT background experience is preferred.
  • Strong understanding of technology products and services including software, hardware, and IT services.
  • Proficiency in SAP or similar ERP systems.

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