Procurement Director Project

Albawani | البواني; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading construction company in Riyadh is seeking a Procurement Director to oversee the strategic procurement function. Responsibilities include developing procurement strategies, managing supplier relationships, and leading procurement operations to ensure cost-effectiveness and efficiency. Candidates should have 20-25 years of experience in procurement, with strong leadership and analytical skills. A bachelor's degree in Supply Chain Management or a related field is required, with a master's degree preferred. This role is integral to supporting the company's construction and manufacturing projects.

Qualifications

• Minimum 20-25 years of experience in procurement or supply chain management.
• At least 5 years in a senior leadership role.
• Proven track record in developing strategic procurement initiatives.

Responsibilities

• Lead and execute the company's long-term procurement strategy.
• Streamline and optimize procurement processes.
• Manage the procurement budget and control expenditures.

Skills

Strategic Procurement Leadership

Supplier Relationship Management

Cost Savings Initiatives

Risk Management

Data Analysis

Education

Bachelor's degree in Supply Chain Management or related field

Master's degree or MBA

Tools

SAP

Microsoft Dynamics 365

Job description

Job Title: Procurement Director– Project

Role Purpose:

The Director of Procurement is responsible for leading and overseeing the strategic procurement function at Albawani, ensuring the efficient and cost-effective acquisition of goods, materials, and services that support the company's construction, infrastructure, and manufacturing operations. This role is critical in developing and implementing procurement strategies that align with Albawani's overarching business objectives, while fostering strong relationships with key suppliers and driving continuous improvement in the procurement process.

Key Accountabilities & Key Activities:

Strategic Procurement Leadership:

• Develop and execute the company's long-term procurement strategy, identifying opportunities for cost savings, process optimization, and supply chain resilience
• Collaborate with cross-functional teams to align procurement initiatives with the organization's business goals and operational needs
• Establish and monitor key performance indicators (KPIs) to measure the effectiveness of the procurement function, driving continuous improvement
• Provide strategic guidance and direction to the procurement team, fostering a culture of innovation and excellence

Category Management and Sourcing:

• Lead the category management process, overseeing the development and implementation of category-specific sourcing strategies
• Evaluate and select suppliers based on criteria such as cost, quality, delivery, and sustainability, negotiating favorable contract terms
• Implement and oversee effective supplier relationship management practices, fostering collaboration and driving mutual value creation
• Identify and mitigate supply chain risks, developing contingency plans to ensure the continuity of critical business operations

Procurement Operations Management:

• Streamline and optimize procurement processes, including requisition, purchase order management, e-procurement, and invoice processing
• Ensure the effective utilization of procurement systems and tools to drive efficiency and data-driven decision-making
• Monitor and manage procurement budgets, ensuring compliance with financial policies and procedures
• Manage the procurement team, including talent development, performance evaluation, and continuous improvement

Financial and Risk Management:

• Manage the procurement budget and control expenditures to achieve cost savings and maintain financial discipline
• Develop and monitor key performance indicators (KPIs) to measure the procurement function's effectiveness, cost-efficiency, and compliance
• Implement robust risk management strategies to mitigate supply chain disruptions, contractual issues, and other procurement-related risks

Stakeholder Engagement and Collaboration:

• Collaborate with internal stakeholders, such as project managers, operations teams, and finance, to understand their procurement needs and priorities
• Build and maintain strong relationships with key suppliers, industry associations, and external partners to stay abreast of market trends and best practices
• Represent the procurement function in cross-functional initiatives, communicating the value and impact of the procurement team's contributions

Job Specifications:

Industry / Domain:

Diversified industry, construction, construction management, engineering, infrastructure, manufacturing concerns

Necessary Knowledge and Experience

• Minimum 20-25 years of experience in procurement, supply chain management, or a related field, with at least 5 years in a senior leadership role
• Comprehensive understanding of the construction, infrastructure, and manufacturing industries, including market dynamics, regulatory environments, and best procurement practices
• Proven track record in developing and implementing strategic procurement initiatives that drive cost savings, process efficiencies, and supply chain optimization
• Excellent analytical and problem-solving skills, with the ability to leverage data-driven insights to inform decision-making
• Strong leadership and people management skills, with the ability to motivate and develop high-performing procurement teams

Education and Certification – Minimum Requirements:

• Bachelor's degree in Supply Chain Management, Procurement, Business Administration, or a related field
• Preferred: Master's degree in a relevant discipline or an MBA
• Certifications such as CPSM (Certified Professional in Supply Management) or relevant industry-specific certifications would be an advantage.

Job Specific Technical Skills:

• Proficient in using enterprise resource planning (ERP) systems, such as SAP or Microsoft Dynamics 365, for procurement and supply chain management
• Familiarity with e-procurement platforms, contract management tools, and other procurement-related technologies
• Strong data analysis and reporting skills, with the ability to use advanced data visualization and business intelligence tools