Assistant Manager - Technology Procurement

Qiddiya Investment Company; Riyadh; On-site; SAR 120,000 - 150,000; Full time

Job summary

A leading investment firm in Saudi Arabia seeks an Assistant Manager - Technology Procurement to oversee sourcing and acquiring technology goods. This strategic role involves managing vendor relationships, leading procurement processes, and ensuring financial oversight of the technology budget. The ideal candidate has at least 5 years of experience in procurement, strong negotiation skills, and proficiency in relevant tools. Fluency in English is required, Arabic proficiency is a plus.

Qualifications

• Minimum of 5 years experience in technology procurement or supply chain management.
• Strong negotiation skills and experience managing vendor contracts.
• Proficiency in procurement software and tools is essential.

Responsibilities

• Lead procurement process for technology products and services.
• Develop and manage relationships with technology suppliers.
• Monitor and report on technology procurement budget.

Skills

Negotiation skills

Vendor management

Analytical skills

Communication skills

Problem-solving skills

Attention to detail

Education

Bachelor's degree in Business or Supply Chain Management

Master’s degree or professional certifications in procurement

Tools

SAP

Ariba

Job description

Join Qiddiya Investment Company, a pioneering force in developing an unparalleled entertainment and lifestyle destination in Saudi Arabia. We are looking for an Assistant Manager - Technology Procurement to play a strategic role in sourcing and acquiring technology goods and services essential for supporting our innovative projects. This position will involve collaboration with various stakeholders, effective vendor management, and adherence to best procurement practices to ensure that technological needs are met efficiently and effectively.

Key Responsibilities

1. Procurement Management

• Lead the procurement process for technology products and services, including conducting market research, preparing RFPs, and negotiating vendor contracts.
• Assess and select vendors to establish a reliable supplier base for technology-related needs, ensuring compliance with company policies and regulations.
• Coordinate with different departments to understand their technology needs and ensure their requirements are met in a timely manner.
• Maintain accurate procurement records and update the procurement database regularly to reflect current vendors and contracts.

2. Vendor Relations

• Develop and manage relationships with technology suppliers, promoting collaboration and ensuring timely delivery of quality products/services.
• Evaluate vendor performance and conduct periodic reviews to align with the organization's strategic goals.
• Address any issues with suppliers promptly and work towards resolving conflicts effectively.

3. Reporting & Financial Oversight

• Monitor and report on the technology procurement budget, ensuring expenditures align with financial targets and organizational strategies.
• Prepare and present procurement reports that highlight expenditures, savings, and procurement initiatives to management.
• Analyze market trends to identify opportunities for risk mitigation and cost reduction in procurement activities.

Qualifications

• Minimum of 5 years of experience in technology procurement, supply chain management, or a related field.
• A Bachelor’s degree in Business, Supply Chain Management, or a related discipline; Master’s degree or professional certifications in procurement preferred.
• Strong negotiation skills and experience in managing vendor contracts with a focus on achieving favorable terms.
• Proficiency in procurement software and tools (such as SAP, Ariba, etc.) is essential.
• Excellent analytical and problem-solving skills, with attention to detail.
• Strong communication and interpersonal abilities, capable of collaborating with various teams and stakeholders.
• Fluency in English is essential; proficiency in Arabic is a plus.
• Familiarity with the local market and business practices in Saudi Arabia is advantageous.