Purchase Officer

NAFFCO GROUP; Dubai; On-site; AED 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a skilled Procurement Specialist to enhance their supply chain efficiency. This role involves negotiating contracts, managing supplier relationships, and optimizing inventory levels to ensure timely acquisition of goods and services. The ideal candidate will conduct market research, collaborate with internal departments, and stay updated with industry trends to continuously improve procurement processes. Join this dynamic team and play a crucial role in driving cost-effective purchasing strategies that align with business objectives.

Qualifications

• Experience in procurement and supply chain management.
• Strong analytical skills to identify cost-saving opportunities.

Responsibilities

• Negotiate contracts with suppliers for best pricing and terms.
• Manage procurement processes from requisition to delivery.
• Analyze purchase orders for cost-saving opportunities.

Skills

Contract Negotiation

Market Research

Supplier Relationship Management

Inventory Management

Analytical Skills

Education

Bachelor's Degree in Business Administration

Master's Degree in Supply Chain Management

Job description

• Negotiate and finalize contracts with suppliers to secure the best pricing and terms while ensuring quality standards are met.
• Conduct market research and analysis to identify potential suppliers and evaluate their capabilities and reliability.
• Manage the procurement process from requisition to delivery, ensuring timely and cost-effective acquisition of goods and services.
• Develop and maintain strong relationships with key suppliers to foster collaboration and enhance supply chain efficiency.
• Monitor inventory levels and forecast demand to prevent overstocking or stockouts, optimizing inventory turnover.
• Analyze purchase orders and contracts to identify cost-saving opportunities and recommend improvements to purchasing strategies.
• Collaborate with internal departments, such as finance and logistics, to align procurement activities with overall business objectives.
• Prepare and present reports on purchasing activity, supplier performance, and market trends to senior management.
• Stay updated with industry trends and innovations to continuously improve procurement processes and practices.