Purchase Officer

MD ENTERPRISES; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading company in Dubai seeks a Procurement Specialist to manage supplier relationships and negotiate contracts. The role involves analyzing market trends, ensuring inventory availability, and streamlining procurement processes. The ideal candidate will have proven experience in negotiation and strong analytical skills.

Qualifications

• Proven experience in contract negotiation and supplier management.
• Strong analytical skills to interpret market data.
• Familiarity with procurement software and ERP systems.

Responsibilities

• Collaborate with departments to understand purchasing needs.
• Manage inventory levels and forecast demand.
• Negotiate contracts with suppliers for optimal terms.
• Analyze market trends for informed purchasing decisions.

Skills

Contract negotiation

Supplier management

Analytical skills

Tools

Procurement software

ERP systems

Job description

Job Description

• Collaborate with internal departments to understand their purchasing needs and develop strategies that align with overall business goals.
• Manage inventory levels effectively by forecasting demand and ensuring stock availability to prevent operational disruptions.
• Negotiate contracts with suppliers to secure the best possible prices, terms, and delivery conditions tailored to the organization's needs.
• Analyze market trends and vendor performance to make informed purchasing decisions that maximize value and minimize costs.
• Prepare and maintain accurate purchase orders, contracts, and reports to facilitate efficient procurement processes and audits.
• Conduct thorough supplier evaluations to ensure they meet quality, compliance, and ethical standards while fostering long-term relationships.
• Stay updated on industry developments and emerging technologies to identify potential cost-saving opportunities and innovations.

Desired Candidate Profile

• Proven experience in contract negotiation and supplier management to navigate complex agreements effectively.
• Strong analytical skills with the ability to interpret market data and make data-driven purchasing decisions.
• Familiarity with procurement software and enterprise resource planning (ERP) systems to streamline purchasing activities.