Director - Strategic Procurement

Qiddiya Investment Company; Riyadh; On-site; SAR 350,000 - 600,000; Full time

Job summary

Qiddiya Investment Company seeks a senior procurement leader to design and execute a comprehensive sourcing strategy that optimizes value and reduces total cost of ownership. You will drive category management, contract governance, supplier relationships, and risk mitigation to deliver sustainable commercial outcomes.

The role requires leading procurement teams, aligning strategies with business objectives, and delivering long-term supplier partnerships within a regulated environment.

Qualifications

• Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Finance, Economics, or a related discipline.
• Master's degree or MBA preferred.

Responsibilities

• Develop and implement enterprise-wide strategic procurement and sourcing strategies aligned with business objectives.
• Lead category management initiatives and establish long-term sourcing strategies across major spend categories.
• Direct strategic sourcing activities including market analysis, supplier evaluation, tendering, negotiation, contract award, and implementation.
• Oversee supplier relationship management programs to improve supplier performance, innovation, quality, service levels, and risk mitigation.
• Lead complex commercial negotiations to secure optimal contractual, financial, and operational outcomes.
• Establish procurement governance frameworks, policies, procedures, and controls to ensure compliance and transparency.
• Monitor procurement performance through KPIs, savings targets, procurement analytics, and reporting mechanisms.
• Identify cost optimization opportunities while maintaining required quality, service, and operational standards.
• Collaborate with business leaders to align procurement initiatives with organizational priorities and project requirements.
• Lead procurement risk management activities including supply continuity planning and supplier risk assessments.
• Drive procurement transformation initiatives, digital procurement solutions, and process improvement programs.
• Develop and mentor procurement teams, ensuring capability building and succession planning.
• Ensure compliance with applicable legal, regulatory, and organizational procurement requirements.

Skills

Strategic procurement

Category management

Negotiation

Supplier relationship management

Procurement governance

Cost optimization

Governance & compliance

Leadership

Analytics

Risk management

Education

Bachelor's degree in supply chain or related field

Master's degree or MBA preferred

Job description

JOB PURPOSE

Lead the development and execution of the organization's strategic procurement and sourcing strategy to optimize value, reduce total cost of ownership, manage supplier performance, and ensure the procurement function supports organizational objectives.

Drive category management, strategic sourcing, contract management, supplier relationship management, and procurement governance while ensuring compliance with applicable policies and regulations.

Provide leadership to procurement teams and stakeholders to deliver sustainable commercial outcomes, operational excellence, and long-term supplier partnerships.

Key Responsibilities

• Develop and implement enterprise-wide strategic procurement and sourcing strategies aligned with business objectives.
• Lead category management initiatives and establish long-term sourcing strategies across major spend categories.
• Direct strategic sourcing activities including market analysis, supplier evaluation, tendering, negotiation, contract award, and implementation.
• Oversee supplier relationship management programs to improve supplier performance, innovation, quality, service levels, and risk mitigation.
• Lead complex commercial negotiations to secure optimal contractual, financial, and operational outcomes.
• Establish procurement governance frameworks, policies, procedures, and controls to ensure compliance and transparency.
• Monitor procurement performance through KPIs, savings targets, procurement analytics, and reporting mechanisms.
• Identify cost optimization opportunities while maintaining required quality, service, and operational standards.
• Collaborate with business leaders to align procurement initiatives with organizational priorities and project requirements.
• Lead procurement risk management activities including supply continuity planning and supplier risk assessments.
• Drive procurement transformation initiatives, digital procurement solutions, and process improvement programs.
• Develop and mentor procurement teams, ensuring capability building and succession planning.
• Ensure compliance with applicable legal, regulatory, and organizational procurement requirements.

KNOWLEDGE AND EXPERIENCE

Minimum Qualifications

• Bachelor's degree in Supply Chain Management, Business Administration, Engineering, Finance, Economics, or a related discipline.
• Master's degree or MBA preferred.

Years of Experience

• 12-15+ years of progressive procurement and supply chain experience, including significant leadership responsibilities.