Summary
Conduct a targeted review of material third-party spend, major vendors, and contract commitments; identify pricing, demand, specification, consolidation, and sourcing levers to identify cost optimization opportunities.
Responsibilities
- Conduct detailed analysis of third-party spend across major categories, vendors, and contracts to identify optimization opportunities.
- Review supplier portfolios and spending patterns to uncover cost-saving and efficiency improvement initiatives.
- Identify pricing, specification, demand management, and volume consolidation opportunities across procurement categories.
- Assess existing contractual commitments and evaluate their impact on cost, flexibility, and operational performance.
- Identify contract renegotiation opportunities and support negotiations with strategic suppliers.
- Develop sourcing strategies that improve commercial outcomes while maintaining required service levels and quality standards.
- Perform vendor benchmarking and market analysis to validate pricing competitiveness and procurement performance.
- Collaborate with business stakeholders to challenge demand requirements and eliminate unnecessary expenditure.
- Assess procurement and sourcing risks, contractual constraints, and supplier dependency exposures.
Must Haves
- Bachelor’s degree in Supply Chain, Business Administration, Finance, or a related field.
- 10+ years of experience in procurement, strategic sourcing, or cost optimization.
- Strong vendor relationships and the ability to obtain competitive quotations.
- Proven ability to identify and implement cost-saving opportunities.Strong analytical, stakeholder management, and communication skills.
Nice to Have
- Previous experience in procurement and supplier negotiations.
- Familiarity with specific sourcing and cost optimization tools.
Other Details
- Location: On‑site, Riyadh
- Start Date: Immediately
- Duration: 10-12 months