Posted May 06, 2024 768 views Report Job
The Procurement Specialist plays a pivotal role in efficiently sourcing, negotiating, and procuring goods and services vital for the organization's operations. Collaborating closely with internal stakeholders, this role focuses on identifying cost-effective suppliers and ensuring timely delivery while adhering to established procurement policies and procedures.
Key Responsibilities:
General:
- Update the MS List with received IRs and associated details.
- Circulate RFQs to suppliers for quotation.
- Obtain prices from a minimum of three vendors and update the estimation database.
- Provide a comparative analysis of at least three supplier costs to the sales coordinator.
- Follow up with clients post-quotation submission until purchase order issuance.
- Coordinate with clients for delivery updates and expedite as necessary.
- Liaise with suppliers for stock and delivery updates.
- Obtain technical data sheets from suppliers or online sources and provide them to the sales coordinator for necessary edits.
- Participate in client and supplier meetings, offering relevant insights.
- Conduct daily visits to clients and suppliers.
- Submit reports on project, client, and supplier visits.
Supplier Management:
- Identify, evaluate, and manage suppliers in accordance with management guidance to ensure the highest quality, reliability, and cost-effectiveness.
- Establish and maintain relationships with suppliers, negotiating terms and conditions to secure advantageous agreements.
Sourcing and Procurement:
- Receive procurement requests, initiate purchase requests, and create purchase orders.
- Submit supplier proposals and quotes for review by senior management to determine the most suitable suppliers based on quality, price, and delivery.
Cost Management:
- Identify alternates and substitutes while maintaining product/service quality standards.
- Monitor and analyse price trends and market fluctuations to optimize procurement decisions.
Inventory Management:
- Maintain accurate inventory levels to meet operational needs while minimizing excess or obsolete inventory.
- Coordinate with internal teams to forecast demand and plan procurement accordingly.
Requirements:
Education:
- Bachelor's degree or higher.
Experience:
- Extensive experience in procurement within Saudi Arabia.
Skills:
- Strong interpersonal and communication skills.
Computer Proficiency:
- Proficiency in MS Office Suite, particularly Excel.
Competencies:
- Strong negotiation skills.
- Analytical thinking and problem-solving abilities.
- Attention to detail.
- Ability to work under pressure and meet deadlines.
- Adaptability and flexibility.
- Strong organizational and time management skills.
Key Performance Indicators (KPIs):
- Timeliness in completing procurement processes.
- Cost savings achieved through effective negotiation.
- Supplier performance metrics (e.g., on-time delivery, quality).
- Inventory turnover rate and accuracy.
Skills
Job Details
Functional Area:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Location:
Gender:
No Preference
Minimum Education:
Bachelors
Career Level:
Experienced Professional
Minimum Experience:
6 Years
Apply Before:
Jun 05, 2024
Posting Date:
May 06, 2024
Canyon Engineering Contracting Company
· 11-50 employees - Dammam, Khobar
What is your Competitive Advantage?
Get quick competitive analysis and professional insights about yourself
Talk to our expert team of counsellors to improve your CV!
Similar Job Titles
Logistic Support Coordinator
Pattis France International Trading Company, Khobar, Saudi Arabia
Posted Apr 03, 2024
