Procurement Officer

Power International Holding; Saudi Arabia; On-site; SAR 120,000 - 180,000; Full time

Job summary

A leading company in Saudi Arabia is looking for a Procurement Officer to streamline sourcing processes and optimize cost efficiency. The role involves negotiating contracts, managing supplier relationships, and ensuring compliance with procurement policies. Ideal candidates will have a Bachelor's degree and at least 5 years of relevant experience, including knowledge of ERP systems. As part of a dynamic team, you will influence procurement strategies across the organization.

Qualifications

• Minimum 5 years of relevant experience, including 3 years in a similar role.
• 2 years GCC experience is a plus.
• Profound knowledge of purchasing requirements.

Responsibilities

• Define supply strategy and align stakeholders.
• Negotiate contracts and manage supplier relationships.
• Identify cost reduction opportunities.

Skills

Negotiation

Supplier Relationship Management

Cost Reduction Analysis

Supply Chain Management

Education

Bachelor's Degree in Business Administration or Engineering

Professional qualification in Supply Chain/Logistics

Tools

ERP (SAP)

Job description

Job Summary

The Procurement Officer is responsible for streamlining sourcing processes, negotiating contracts, and ensuring the timely acquisition of goods and services. This role aims to optimize cost efficiency and maintain inventory levels to meet organizational needs. The officer also cultivates supplier relationships, evaluates supplier performance, and enforces compliance with procurement policies and regulations to support operational objectives and drive strategic sourcing initiatives.

Job Responsibilities 1

• Define and communicate the supply strategy and its implications to inform and align stakeholders.
• Utilize competitive insights to shape strategies that address competitive threats.
• Remove organizational barriers to deliver exceptional internal and external customer service.
• Represent the organization ethically and professionally, encouraging others to do the same within the operating framework.
• Manage financial and budgetary responsibilities within the assigned area.
• Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies.
• Lead the delivery of savings and cash flow programs within their category scope.
• Drive operational excellence in strategic sourcing.
• Develop and implement procurement strategies to maximize value.
• Formulate and manage strategic plans to capture total procurement value and maintain a competitive edge.
• Adopt company-wide best practices to support strategic objectives and maximize business opportunities.
• Engage with internal and external stakeholders to improve service and reduce costs.
• Identify and analyze cost reduction opportunities to meet financial targets.
• Oversee supplier, material, and service rationalization to meet business requirements.

Job Responsibilities 2

Additional responsibilities to be defined by the organization.

Job Knowledge & Skills

• Profound knowledge of best-in-class purchasing requirements, with credibility in all purchasing areas.
• Understanding of market dynamics and price discovery processes.
• Experienced negotiator with suppliers.
• Good understanding of best practices in supply chain management; experience in other supply chain areas is a plus.
• ERP knowledge, preferably SAP functional skills, is required.

Job Experience

Minimum 5 years of relevant experience, including 3 years in a similar role; 2 years GCC experience is a plus.

Competencies

Collaboration, Material Forecasting, Accountability, Resilience, Quality, Leadership, Purchasing Procedures, E-Procurement Tools, Benchmarking, Materials Management.

Education

Bachelor's Degree in Business Administration or Engineering. Professional qualification in Supply Chain/Logistics or related technical certificates are preferred.