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Procurement Manager (Tools & Supply)
Job summary
A leading technology supplier is seeking a Procurement Manager specializing in tools and supplies in Riyadh. The role involves optimizing procurement operations, managing supplier relationships, and ensuring resource availability. Candidates should have a bachelor's degree and over 5 years of procurement experience, along with strong negotiation skills. This position emphasizes cost-saving strategies and effective inventory management.
Qualifications
- 5+ years of procurement experience in tools, equipment, or supplies.
- Strong sourcing, vendor management, and contract negotiation skills.
Responsibilities
- Identify, evaluate, and build partnerships with reliable suppliers.
- Negotiate terms for quality, price, and timely delivery.
- Develop and manage supplier contracts for cost savings.
- Collaborate with project managers to forecast inventory needs.
- Maintain procurement budget and monitor spending.
Skills
Education
- Seeking a Procurement Manager specializing in tools and supplies to optimize procurement operations, manage supplier relationships, and ensure resource availability for projects.
- Key responsibilities include:
- Identifying, evaluating, and building partnerships with reliable suppliers.
- Negotiating terms to secure quality, price, and timely delivery for essential tools and supplies.
- Developing and managing supplier contracts to minimize risks and achieve cost savings.
- Collaborate with project managers and operations teams to:
- Assess requirements and forecast inventory needs.
- Maintain optimal stock levels for smooth project flow.
- Oversee the procurement budget:
- Monitor spending and find cost-saving opportunities.
- Ensure compliance with company policies, industry regulations, and safety standards.
- Conduct regular quality checks and audits to maintain high standards:
- Monitor supplier performance based on quality, timely delivery, and compliance.
- Resolve supplier-related issues or discrepancies quickly.
- Maintain detailed records and analyze procurement data:
- Provide insights on trends, costs, and supplier performance.
- Support decision-making and drive continuous improvement.
- Bachelors degree in Supply Chain Management, Business Administration, or related field.
- 5+ years of procurement experience in tools, equipment, or supplies.
- Strong sourcing, vendor management, and contract negotiation skills.
- Proficiency in procurement software and Microsoft Office.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.