MBA/PG Diploma in Business Mgmt(Finance)
Nationality
Any Nationality
Any
Vacancy
1 Vacancy
Job Description
- Conduct thorough market research to identify competitive pricing, supplier performance, and industry trends, ensuring strategic purchasing decisions.
- Negotiate contracts and terms with suppliers to secure favorable pricing and delivery conditions, enhancing the company's profit margins.
- Develop and maintain strong relationships with key suppliers to foster collaboration, reliability, and continuous improvement in supply chain processes.
- Analyze inventory levels and forecast demand to optimize stock levels, avoiding both overstock and stockouts to meet business needs.
- Collaborate with cross-functional teams, including production and finance, to align purchasing activities with organizational goals and objectives.
- Implement and monitor key performance indicators (KPIs) to evaluate supplier performance and purchasing effectiveness, driving accountability.
- Manage the procurement process from requisition through to payment, ensuring compliance with internal policies and regulatory standards.
- Stay updated on market developments, emerging suppliers, and innovative procurement solutions to drive competitive advantages.
- Prepare detailed reports on purchasing activities, cost savings, and supplier performance for senior management review.
- Lead and mentor junior purchasing staff, promoting best practices and professional development within the procurement team.
Desired Candidate Profile
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field; a Master's degree is a plus.
- Experience with procurement software and ERP systems to streamline purchasing processes and improve efficiency.
- Strong analytical skills with the ability to interpret data and market trends to inform purchasing decisions.
- Excellent negotiation skills, demonstrating a proven track record of achieving cost savings and favorable supplier agreements.
- Effective communication skills in English, with proficiency in additional languages being a distinct advantage.
- Proven leadership abilities, capable of guiding and developing a team while fostering a collaborative environment.
- Detail-oriented with strong organizational skills, capable of managing multiple projects and priorities simultaneously.
- Cultural awareness and adaptability, with the ability to work effectively in a diverse and global environment.
Employment Type
Company Industry
Department / Functional Area
- Buying
- Purchase
- Procurement
Keywords
- Lead Buyer
- Supply Chain Buyer
- Sourcing Specialist
- Buyer
- Purchasing
- Buying
- Purchase
Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information. We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at abuse@naukrigulf.com
People Looking for Senior Buyer Jobs also searched