Senior Executive - Procurement

Al Ghurair; Dubai; On-site; AED 120,000 - 160,000; Full time

Job summary

A leading procurement organization in Dubai is seeking an experienced procurement professional to enhance supplier relationships and improve procurement processes. Responsibilities include price negotiation, vendor management, and market research to ensure optimal supplier performance. The ideal candidate has 8-10 years of experience in procurement and holds a bachelor's degree. This role offers opportunities for strategic involvement and professional growth in a dynamic work environment.

Qualifications

• 8-10 Years of Experience in Procurement.
• Bachelors Degree is required.

Responsibilities

• Manage purchasing information and review commodity strategy.
• Forecast price and market trends to identify balance changes.
• Search for new potential suppliers and negotiate agreements.
• Conduct comprehensive reviews of the purchasing function.
• Assist in preparing Spend Analysis and reports.

Skills

Good Negotiation skills

Vendor Management

Knowledge in ERP systems

Transparency & Honesty

Problem Solving

Decision making

Education

Bachelors Degree

Tools

Procurement FMS

Xpedeon System

D365

Job description

Job Description

Responsible for sourcing of commodities and further improves the procurement processes by suggesting improvement initiatives to enhance the organization’s ability for timely delivery on materials and services and management of supplier relationship. To perform various procurement activities across multiple categories of spend, search for better deals and find more profitable suppliers. Other areas of responsibility include price negotiation, planning, production, inventory control and quality control, enhance customer satisfaction.

Responsibilities

General Task

• Manage of purchasing information and systems, and review commodity strategy with the management team.
• Forecast price and market trends to identify changes of balance in buyer – supplier power.
• Search for new potential suppliers. Develop and set up a supplier data base including agree terms, and negotiate supply agreements where appropriate, including discount structures and volume rebates.
• Sending RFQ, collecting quotes, analysis of the quotes, preparation of comparison and finalization of vendor.
• Attending to all calls and follow up all the enquiries to receive proposals.
• Negotiate and set up frame contracts in system (LTPA). Finalize and maintain rate cards with vendors for all major frequent purchases (Goods) to ease smooth operations.
• Effective & initiative-taking liaison with other departments as necessary to forecast, plan to meet purchase deadline to bundling of demands for necessary.
• Continually improve purchasing methods and drive down external spend.
• To conduct a comprehensive review of the Purchasing function and its methodology and identify and implement improvements, new technologies etc to optimize the spend.
• Attends conferences to meet potential new suppliers and glean insight from other professionals in the purchasing field.
• Monitor and forecast upcoming levels of demand.
• Assist in preparing Spend Analysis and related various reports.
• Data analytics to provide interactive visualizations and business intelligence capabilities.
• Preparation of contract agreements (LTPA, Subcontracts, AMC, manpower etc) after finalization of order including negotiation of terms & conditions.

New Project Mobilization

• Understand the needs of the new project formulate material and service delivery plan as per requirement and deadlines and finalization of all requirements.
• Regularly update operation department on the progress of mobilization and follow for Indents and requirements.

Product / Process Improvement

• Continuously perform market research by factory & industry visit, attend webinars and seminars, identify and meet new potential suppliers and products, and identify areas of improvement to continually drive performance.
• Assist in Supplier Performance Management & Evaluation.
• Evaluate supplier’s performance based on cost, quality of goods/services, competency, consistency.
• Negotiate with vendors to increase credit days.
• Administration and reporting as necessary.

Education

Bachelors Degree

Qualifications

Bachelors Degree

Knowledge & Skill

• Good Negotiation skills.
• Vendor Management.
• Knowledge in ERP systems like Procurement FMS, Xpedeon System, D365.
• Transparency & Honesty.
• Problem Solving.
• Decision making.

Experience

8-10 Years of Experience in Procurement.