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Posted May 06, 2024 830 views
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.
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
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