Procurement Specialist

Arab National Bank
Jeddah
SAR 60,000 - 100,000
Job description
  • Develop and implement procurement strategies to optimize costs and ensure efficiency.
  • Identify and evaluate suppliers, negotiate contracts, and establish strong vendor relationships.
  • Prepare and process purchase orders, ensuring compliance with company policies and regulatory requirements.
  • Monitor and manage supplier performance, ensuring quality, reliability, and on-time delivery.
  • Conduct market research to stay updated on industry trends, pricing, and best practices.
  • Collaborate with internal departments (finance, operations, and project teams) to ensure procurement aligns with business needs.
  • Manage inventory levels and coordinate with logistics for efficient material handling.
  • Ensure adherence to procurement policies, procedures, and regulatory requirements in KSA.
  • Maintain accurate records of purchases, contracts, and supplier agreements.
  • Assist in cost analysis, budgeting, and reporting for procurement activities.

Skills

Education: Bachelor's degree in Supply Chain Management, Business Administration, or a related field.

Experience: Minimum 3-5 years of procurement experience, preferably in construction, manufacturing, or related industries.

Certifications (preferred): CIPS, CPSM, or relevant procurement certifications.

Skills:

  • Strong negotiation and supplier management skills.
  • Excellent knowledge of procurement procedures and market trends.
  • Proficiency in ERP systems and procurement software.
  • Strong analytical, problem-solving, and decision-making abilities.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced and deadline-driven environment.

Language: Fluent in English and Arabic (preferred).

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