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Procurement Specialist

3 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Qureos Inc Full time

Responsibilities:

* Develop and implement effective procurement strategies for various categories of goods and services.
* Manage the entire procurement cycle including requisitioning sourcing negotiation contracting and expediting.
* Identify and evaluate potential suppliers conducting due diligence and ensuring compliance with company policies and procedures.
* Negotiate favourable terms and conditions with suppliers aiming for cost savings and optimal value.
* Build and maintain strong relationships with key suppliers.
* Monitor supplier performance and address any issues or discrepancies.
* Stay uptodate with market trends and best practices in procurement.
* Maintain accurate records of all procurement activities.
* Prepare regular reports on procurement spend and savings.
* Collaborate with internal stakeholders to understand their requirements and ensure timely delivery of goods and services.

Qualifications:

* Bachelors degree in Business Administration Supply Chain Management or a related field.
* Proven experience as a Procurement Specialist preferably in a similar industry.
* Strong understanding of procurement principles and practices.
* Excellent negotiation and communication skills.
* Ability to analyse data and make informed decisions.
* Proficiency in Microsoft Office suite particularly Excel.
* Strong organisational and time management skills.
* Ability to work independently and as part of a team.
* Fluency in English and Arabic (preferred).