Procurement Manager
1 month ago
**Key Responsibilities**:
- Oversee the entire procurement lifecycle, from identifying material needs to supplier selection, contract negotiations, and order fulfillment.
- Develop and implement long-term sourcing strategies that align with company objectives, ensuring optimal cost savings, product quality, and supply chain reliability.
- Lead procurement efforts for key categories including construction materials, plumbing, electrical supplies, safety products, and tools, managing both local and international suppliers.
- Monitor and analyze market trends to make informed decisions about pricing, product quality, and availability.
- Collaborate with cross-functional teams to ensure procurement activities align with business needs
- Identify, evaluate, and select suppliers based on criteria such as quality, cost-effectiveness, delivery timelines, and compliance with regulations.
- Negotiate contracts, terms, and pricing with suppliers, ensuring favorable conditions for the company while maintaining strong relationships.
- Monitor supplier performance regularly, ensuring they meet quality standards, delivery timelines, and cost requirements.
- Develop and implement strategies for continuous improvement of supplier performance, including quality control, risk management, and performance audits.
- Resolve any issues or disputes with suppliers promptly to avoid supply chain disruptions.
- Oversee and manage the import and export of materials, ensuring compliance with international regulations, tariffs, and customs processes.
- Coordinate with logistics and customs teams to ensure timely and cost-effective transportation of materials across borders.
- Ensure that all materials procured are accurately documented and tracked through the import/export process.
- Develop and manage procurement budgets, ensuring that spending is within approved limits and that procurement strategies lead to cost savings.
- Identify cost reduction opportunities while maintaining product quality and supplier reliability.
- Analyze procurement data and reporting to monitor performance and identify areas for improvement.
- Identify potential risks in the supply chain and implement mitigation strategies.
- Ensure compliance with all relevant laws, regulations, and company policies in procurement processes, including health and safety, environmental, and ethical standards.
- Maintain up-to-date knowledge of global trade regulations and compliance requirements, including tariffs and import/export restrictions.
- Provide regular procurement reports to senior management, highlighting key performance indicators (KPIs), cost-saving initiatives, supplier performance, and market trends.
- Conduct procurement market analysis to support decision-making and strategic planning.
- Prepare and maintain procurement-related documentation, including contracts, purchase orders, and supplier agreements.
- Lead, mentor, and manage a team of procurement specialists, ensuring they are well-trained, motivated, and equipped to meet departmental goals.
- Foster a collaborative and results-driven team environment focused on continuous improvement.
**Qualifications**:
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- Minimum of 5 years of experience in procurement management, with at least 2 years in a similar role in construction materials, industrial products, or related industries.
- Proven experience managing procurement of diverse product categories (tiles & sanitary ware, paints, tools, safety products, etc.).
- Strong knowledge of international procurement processes, import/export logistics, and customs compliance.
- Exceptional negotiation and contract management skills.
- Proficient in procurement software and tools, and Microsoft Office Suite (Excel, Word, etc.).
- Excellent communication, leadership, and interpersonal skills.
- Ability to manage multiple priorities in a fast-paced environment.
- Valid UAE Driving License
**What We Offer**:
- Competitive salary with performance-based incentives.
- Comprehensive benefits package.
- Opportunities for professional growth and advancement.
- A dynamic and collaborative work environment.
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