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 Type:
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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