Urgently required for a reputed automobile spare parts trading company (European Trucks and Trailer Parts / American Car Parts) based in Jebel Ali Dubai, a male Procurement cum Inventory Manager. He should have a minimum of 5 years of working experience in the same position. His responsibilities are as follows:
- Identifying the procurement needs of the entire organization.
- Managing direct procurement processes, including the purchasing or obtaining of raw materials, resources, goods, and services for manufactured goods.
- Managing indirect procurement, including the purchasing of goods, services, supplies, and materials needed for daily operations.
- Creating RFQs and overseeing competitive bidding cycles.
- Managing procurement budgets, strategies, and payment processes.
- Developing and implementing cost-effective procurement strategies and policies for the purchasing of raw materials, goods, and services.
- Managing the procure-to-pay process, including requisitioning, purchasing, receiving, invoicing, and paying for goods and services.
- Evaluating and strategically sourcing potential suppliers.
- Devising initiatives to drive procurement performance.
- Negotiating contracts with vendors to secure the best deals and terms.
- Maintaining advantageous relationships with suppliers and managing disputes.
- Monitoring supplier performance for optimal business operations performance.
- Ensuring the timeliness and effectiveness of goods and services.
- Forecasting to predict future demand for goods, services, and purchase requisitions.
- Collaborating with internal departments to ensure procurement needs are met.
- Finalizing purchase details and approving purchase requests and purchase orders.
- Tracking key metrics and KPIs to reduce costs.
- Analyzing procurement data, conducting spend analysis, and preparing reports.
- Streamlining the organization’s business travel processes, including ensuring the best corporate management rates and maintaining compliance.
- Optimizing workflows and automation processes to save time and money.
- Compiling reports for the Chief Procurement Officer (CPO).
- Ensuring compliance with relevant regulations, standards, and laws.
- Incorporating new procurement software, e-procurement processes, and business processes when necessary.
- Leading the procurement department, including a team of procurement officers and other team members.
- Developing and implementing risk mitigation strategies.
- Monitoring industry trends and developments.
Excellent salary and career growth with immediate joining.