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Purchase Executive

1 month ago

Dubai, United Arab Emirates SMS BEARINGS FZCO Full time

**About Us**:
**SMS Bearings FZCO** leading bearing distributor in the Middle East and Northern Africa since 1978. We pride ourselves on our cutting-edge solutions and commitment to delivering exceptional results. Currently, we are looking for a dynamic and skilled Purchase Executive to join our team and take charge of our bearing's procurement process.

**Position**:Purchase Executive

**Company Name**: SMS Bearings FZCO

**Location**: Jebel Ali Freezone North, Dubai

**Job Type**: Full-time

**Responsibilities**:
1. **Supplier Management**: Identify and develop a strong network of reliable bearing suppliers to ensure a stable and efficient supply chain.

2. **Procurement**: Source, evaluate, and negotiate with suppliers to obtain the best quality bearings at competitive prices.

3. **Vendor Selection**: Assess potential vendors based on their product quality, delivery capabilities, and overall reliability.

4. **Cost Optimization**: Analyse market trends and implement strategies to optimize procurement costs without compromising on product quality.

5. **Purchase Orders**: Process purchase orders and ensure timely delivery of bearings to meet production schedules.

6. **Inventory Management**: Monitor and maintain appropriate stock levels to avoid any production delays while keeping inventory costs in check.

7. **Quality Assurance**:Collaborate with the Quality Control team to ensure the bearings meet the required standards and specifications.

8. **Market Research**: Stay updated with industry trends, new bearing technologies, and competitive pricing to make informed purchasing decisions.

9. **Documentation**: Maintain accurate records of purchases, pricing, and supplier performance for future reference.

10. **Cost-Benefit Analysis**:Perform regular cost-benefit analyses on various procurement strategies and present reports to management.

**Requirements**:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience as a Purchase Executive or in a similar procurement role, preferably in the bearings or industrial equipment industry.
- In-depth knowledge of bearings, their specifications, and relevant market trends is a plus.
- Strong negotiation skills and the ability to build strong relationships with suppliers.
- Proficiency in analyzing data and making data-driven decisions.
- Excellent communication and interpersonal skills.
- Organized and detail-oriented with a focus on meeting deadlines.
- Familiarity with inventory management software is a plus.

**How to Apply**:
**Salary**: AED3,500.00 - AED5,500.00 per month

Ability to commute/relocate:

- Dubai: Reliably commute or planning to relocate before starting work (preferred)