The CPO will lead a procurement organization that encompasses all external spend of Qiddiya. The CPO will be crucial in ensuring value delivery for procurement (e.g., speed, quality), building intelligence on supply chain risks, setting company-wide standards and governance, and establishing a central view on the supply base and market. Qiddiya's CPO manages internal stakeholders (e.g., Corporate functions, Development Business Units) and external interfaces (Public Investment Fund, Royal Court, and other government entities). He/she will be the key medium of cross-functional collaboration across Corporate, Development, and other teams and works as a partner with business unit leaders and the Central Development Unit to support operationalizing Qiddiya's procurement strategy across all business units and their projects.
Key Responsibilities:
- Develop and implement a comprehensive strategy for all procurement activities at Qiddiya to support its long-term vision and strategic objectives, focusing on scalability, on-time delivery, and innovation.
- Optimize costs by overseeing the procurement budget and leading cost-reduction initiatives, ensuring value creation through strategic sourcing.
- Oversee and integrate procurement activities across Corporate Procurement (indirect categories such as IT, marketing), Development & Delivery Category Strategies (building materials, design consultants, etc.), and the Center of Excellence (CoE; risk management, SRM, compliance, policies).
- Partner with the business, especially Development Business Unit Heads and the Central Development Unit (CDU), to support translation of strategy into procurement operations and project development goals.
- Define and implement Supplier Relationship Management (SRM) standards and processes, fostering long-term vendor partnerships and innovation.
- Ensure future systems landscape meets global standards to drive procurement efficiency and engage with suppliers effectively.
- Oversee development of category strategies, focusing on critical areas like building materials, design consultants, and construction services.
- Develop procurement strategies for indirect categories to ensure value delivery across all indirect spend.
- Implement the Center of Excellence, standardize procurement processes, ensure compliance, and promote continuous improvement.
- Drive value through strategic sourcing, supplier consolidation, volume purchasing, and value engineering initiatives.
- Establish a risk management framework to mitigate supply chain risks, including supplier reliability and geopolitical issues.
- Develop and maintain procurement policies ensuring compliance with regulations.
- Act as a strategic advisor for procurement activities, partnering with business units for project execution.
- Build relationships with external stakeholders, including government entities, PIF, Royal Court, and regulatory bodies.
- Support local supplier development and localization efforts, aligning with government procurement and economic development goals.
- Manage relationships with international suppliers to secure competitive pricing and innovative partnerships.
- Lead, mentor, and develop a high-performing procurement team.
- Oversee procurement KPIs and foster a culture of accountability and continuous improvement.
- Create training programs to enhance team expertise in supply chain management and negotiations.
- Promote best practices and technological advancements in procurement.