Procurement Manager
6 months ago
Key responsibilities:
- Develop, lead and execute purchasing strategies.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Craft negotiation strategies and close deals with optimal terms.
- Partner with stakeholders to ensure clear requirements documentation.
- Forecast price and market trends to identify changes of balance in buyer-supplier power.
- Perform cost and scenario analysis, and benchmarking.
- Assess, manage and mitigate risks.
- Seek and partner with reliable vendors and suppliers.
- Determine quantity and timing of deliveries.
Software/Tools:
- Procurement and Supplier Management Software: Manage sourcing, procurement processes, and supplier relationships.
- Data Analysis and Reporting Tools: Perform cost analysis, benchmarking, and track key metrics.
- Forecasting and Market Analysis Tools: Forecast market trends and analyze price trends.
- Risk Management Tools: Assess, manage, and mitigate procurement risks.
- Communication and Collaboration Tools: Facilitate communication and collaboration with stakeholders and vendors.
- Contract Management Software: Manage procurement contracts and ensure optimal terms.
Skill set:
- In-depth knowledge of sourcing and procurement techniques, with the ability to "read" the market and anticipate trends.
- Exceptional negotiation and networking skills, with a talent for building and maintaining productive supplier relationships.
- Proficiency in supplier or third-party management software.
- Strong decision-making abilities, with a knack for working with numbers and analyzing data.
- Experience in collecting, analyzing, and interpreting data to drive procurement decisions.
- Strong leadership capabilities, with the ability to lead cross-functional teams and drive process improvements.
**Experience**:
- Proven working experience as a Procurement Manager, Procurement Officer or Head of Procurement.
- Knowledge of sourcing and procurement techniques as well as a dexterity in "reading" the market.
- Good sourcing and procurement knowledge in different products and industries.
- Experience in collecting and analyzing data.
- BSc degree in supply chain management, logistics or business administration.
Additional Advantages:
About Us: At VTS Global, our vision is to create purpose-driven brands on a global scale, each leaving a positive impact on humanity. We believe in building data-driven brands anchored in transparent supply chains. With a customer-centric approach, we create impactful products that reach across borders, aiming to make a positive difference worldwide.
Pay: From AED7,000.00 per month
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