Procurement Specialist

MEEM (Middle East Electric Motors Factory Company); Dammam; On-site; SAR 60,000 - 80,000; Full time

Job summary

A leading company in the electrical motors sector is seeking a Procurement Specialist to analyze procurement data and provide strategic recommendations. The ideal candidate will have strong analytical skills and a proactive approach to problem-solving, contributing to the efficiency of the procurement function.

Qualifications

• Minimum 1 year of experience in procurement analysis or similar role.
• Relevant professional certifications (e.g., CIPS, CPM) are a plus.

Responsibilities

• Review procurement submissions for completeness and consistency.
• Prepare and update monthly procurement report submission scorecard.
• Explore opportunities for cost savings and volume discounts.

Skills

Analytical Skills

Problem-Solving

Communication

Education

Bachelor’s degree in Supply Chain Management

Bachelor’s degree in Business Administration

Bachelor’s degree in Finance

Job description

About MEEM

Welcome to MEEM: Your Trusted Partner for Electrical Motors in Saudi Arabia. The pioneer in manufacturing of low, medium, and high voltage electrical motors in the Kingdom of Saudi Arabia. With a legacy of over 100 years, MEEM has been at the forefront of delivering innovative, economical, and top-notch integrated engineering solutions to clients across the Middle East.

Job Summary

Job Title: Procurement Specialist

Department: Supply Chain

Location: 2nd Industrial City, Dammam, Saudi Arabia

Job Purpose

To conduct in-depth analysis of procurement data, develop insightful procurement models, and provide strategic recommendations to support informed decision-making and drive value optimization. This includes monitoring procurement performance, identifying trends and risks in the supply chain, and contributing to the overall efficiency and strategic objectives of the procurement function and the organization.

Job Responsibility

• Review procurement submissions from various departments for completeness, consistency of information, and insightful commentary on variances and trends.
• Follow-up and resolve outstanding procurement reports and data submissions from relevant stakeholders.
• Prepare and update a monthly procurement report submission scorecard to track the timely receipt of all required reports.
• Contribute to the preparation of reports and presentations for management meetings on key procurement activities and performance.
• Provide ongoing decision-making support to procurement team members on sourcing strategies, vendor evaluations, and contract negotiations.
• Explore opportunities for cost savings and volume discounts by leveraging the organization's collective purchasing power and identifying potential synergies.
• Assist the procurement function in mitigating financial and operational risks associated with supplier contracts, agreements, and market dynamics.
• Prepare and maintain a historical procurement dashboard, summarizing key financial data and analytics related to purchasing activities.
• Update the historical procurement dashboard following year-end reviews and budget approvals.
• Assist in updating and maintaining the Procurement Policy and Procedures manual.
• Recommend improvements to the Procurement Policy and Procedures manual and support the implementation of enhanced processes and controls.
• Perform other job-related projects and/or assignments as requested by the Procurement leadership team and/or Finance function.

Desired Qualifications & Experience

• Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or a related field.
• Relevant professional certifications (e.g., CIPS, CPM) are a plus.
• Minimum 1 years of experience in a procurement analysis or similar role.

We are looking for a sharp and driven Procurement Specialist ready to dive into procurement data and provide meaningful insights to our evolving procurement team. The perfect candidate will have a knack for numbers, a proactive approach to problem-solving, and a strong desire to contribute to strategic procurement decisions through rigorous analysis and impactful reporting.