Manager - Strategic Procurement (CORS348)

Qiddiya Investment Company; Saudi Arabia; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading investment firm in Saudi Arabia seeks a Senior Manager for Strategic Procurement. The role involves developing procurement strategies, managing supplier relationships, and overseeing procurement activities to align with the organization’s goals. Requires a Bachelor’s degree and a minimum of 10 years of experience in procurement. Attractive compensation package offered.

Benefits

Attractive compensation and benefits package

Qualifications

• Minimum of 10 years of experience in strategic procurement or supply chain management.
• Proven ability to influence and collaborate cross-functionally.
• Proficient in English; proficiency in Arabic is a plus.

Responsibilities

• Develop and execute procurement strategies aligned with project objectives.
• Establish strategic partnerships with suppliers and negotiate contracts.
• Collaborate across departments to implement procurement plans.
• Identify procurement risks and ensure compliance with regulations.

Skills

Strategic procurement leadership

Strong negotiation skills

Supplier relationship management

Analytical skills

Education

Bachelor's degree in Supply Chain Management or related field

Master’s degree or MBA (preferred)

Job description

Role Overview

The Qiddiya Investment Company is seeking a Senior Manager for Strategic Procurement to take the helm of its procurement initiatives. Qiddiya is positioned as a pivotal project under Saudi Arabia’s Vision 2030, focusing on creating a globally recognized entertainment and cultural destination. The Senior Manager will develop and implement robust procurement strategies that align with the ambitious goals of this transformative project. This role demands a strategic thinker who can excel in a fast-paced environment, managing supplier relationships and ensuring that procurement activities meet both operational needs and long-term strategic objectives. With significant budget oversight responsibilities, this position is critical to the success and sustainability of the organization’s procurement function.

Key Responsibilities

1. Strategic Procurement Leadership
   • Develop and execute procurement strategies that align with Qiddiya's project objectives, focusing on cost efficiency and quality.
   • Lead the procurement team to ensure the effective delivery of sourcing and purchasing functions across all categories.
2. Supplier and Relationship Management
   • Establish strategic partnerships with key suppliers and stakeholders to drive value throughout the procurement process.
   • Negotiate contracts to secure optimal terms and conditions, ensuring compliance with internal policies and frameworks.
   • Evaluate and optimize supplier performance through comprehensive analysis and regular reviews.
3. Cross-Functional Collaboration
   • Collaborate with various departments to assess needs and implement procurement plans that align with strategic objectives.
   • Facilitate effective communication between teams to ensure that procurement strategies support operational and project delivery needs.
4. Risk Management and Compliance
   • Identify potential risks within the procurement process and develop mitigation strategies to safeguard business operations.
   • Ensure that procurement activities comply with local regulations, sustainability practices, and government mandates.

Attractive compensation and benefits package

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; a Master’s degree or MBA is preferred.
• Minimum of 10 years of experience in strategic procurement or supply chain management, preferably in large-scale projects.
• Strong negotiation and people management skills, with a proven ability to influence and collaborate cross-functionally.
• Demonstrated expertise in executing procurement strategies in line with company objectives and managing supplier relationships effectively.
• Excellent analytical and problem-solving skills, with a data-driven approach to decision-making.
• Proficient in English; proficiency in Arabic is a plus.

Desired Competencies

• Leadership Capabilities : Ability to inspire and lead teams towards achieving strategic procurement goals.
• Adaptability : Comfortable operating in a dynamic and evolving environment.
• Strategic Mindset : Ability to think critically about procurement practices and their alignment with long-term goals.