Procurement Executive

2 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates Polyfab Plastic Industry Full time
Scope of the role
Responsible for identifying suitable cost-effective vendors (both for materials and logistics) and purchasing raw materials at the lowest possible cost.
Qualifications, Experience and Skills
Graduate with a minimum of 3-5 years of experience in procurement of materials and services.
Knowledge about the plastic industry and related raw materials.
Knowledge of vendor base for materials and logistics and pricing structure.
Ability to manage and negotiate with vendors without compromising relationships.
Good written and oral communication skills.
Job Profile
Researches and evaluates potential vendors and suppliers, keeping records of them.
Sources and purchases raw materials/finished goods (fittings) from both local and overseas vendors.
Negotiates with suppliers on cost, delivery lead-time, quality, and the best payment terms.
Evaluates vendor quotations to ensure alignment with technical and commercial specifications required.
Keeps accurate records to justify the process and related decisions.
Recommends vendor selections with all details as per the vendor selection processes and finalizes in consultation with management.
Maintains a high level of integrity.
Advises internal and external stakeholders on issues regarding purchasing terms & conditions.
Understands market dynamics and updates current market prices.
Suggests alternate materials/sources to reduce costs in consultation with the operation manager.
Saves costs without compromising quality.
Organizes and updates the database of vendors, delivery times, invoices, and quantity of supplies; analyzes potential vendors for future requirements.
Involves suppliers during the tender stage of major projects in consultation with the sales team/management for better prices and terms.
Ensures minimum stock for standard items as per the plan.
Reviews minimum stock quantity and type based on business needs quarterly and takes necessary actions in consultation with production and planning.
Manages daily operational purchasing needs such as planning, issuing, and following up on purchase orders, delivery, and shipment schedules.
Resolves supply, quality, service, and invoicing issues with vendors.
Evaluates supplier performance based on quality standards, delivery time, and best prices, ensuring all criteria are met according to organizational requirements and expectations.
Implements internal procurement strategies to cater to high delivery and short lead time requirements.
Coordinates with finance for on-time payment of suppliers and improves overall supplier satisfaction without compromising company requirements.
Key Deliverables
Procurement of raw materials and fittings on time with the least possible cost.
Savings with respect to standard price.
Alignment to minimum stock requirements of standard items.
Reliable supplier base.
Vendor satisfaction.
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