Procurement Specialist

Vakif Groups

Multiple Cities, Saudi Arabia

Posted Oct 20, 2020 216 views

SR. 15,000 - 20,000/Month

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Job Description

  • Participating pro-actively in global category strategy teams to develop world class sourcing strategies while meeting business requirements of manufacturing sites to create best value for Vakif Groups and its customers.
  • Translating sourcing strategies into practical implementation plans to prepare business cases/ justifications for changes and to manage project timelines and budgets.
  • Interacting with stakeholders and establishing excellent relationships resulting in thorough understanding of end-to-end business processes, full stakeholder commitment and successful implementation of sourcing strategies.
  • Sourcing and purchasing goods and services through a rigorous sourcing excellence process.
  • Ensuring that all purchase agreements are in compliance with corporate, divisional and local laws, policies, regulations, within agreed timelines and optimal conditions.
  • Evaluating the performance of suppliers, implementing initiatives for improvement, and develop innovative solutions.
  • Gaining thorough market knowledge for benchmarking and innovation purposes.
  • Monitoring cost prices and calculating on annual base cost prices.
  • Developing and implementing saving initiatives, delivering agreed savings targets and accurately reporting savings.
  • Delivering other financial value for the business by optimization of working capital including payment terms, demand management, lead times, inventory, etcetera.

Job Details

Functional Area:
Total Positions:
10 Posts
Job Shift:
First Shift (Day)
Job Type:
No Preference
Minimum Education:
Career Level:
Entry Level
Minimum Experience:
1 Year
Apply Before:
Nov 21, 2020
Posting Date:
Oct 20, 2020
Show fewer details Read full job description

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Vakif Groups

Industrial Production · 1001-1500 employees - Aseer, Jeddah, Makkah, Riyadh, Shaybah

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