Procurement Officer
7 months ago
The Procurement Officer is responsible for managing the organization's procurement activities, ensuring the timely and cost-effective acquisition of goods and services. This role involves vendor management, negotiation, contract administration, and collaboration with internal stakeholders to meet the organization's procurement needs.
**Responsibilities**:
**Vendor Management**:Identify, evaluate, and select vendors based on criteria such as price, quality, and delivery speed.
Establish and maintain strong relationships with suppliers to ensure a reliable and efficient supply chain.
**Negotiation**:Negotiate terms, conditions, and prices with suppliers to secure favorable agreements.
Continuously seek opportunities to optimize costs and improve value for the organization.
**Procurement Process**:Oversee the end-to-end procurement process, from requisition to purchase order issuance and delivery.
Ensure compliance with organizational policies and relevant regulations.
**Contract Administration**:Draft and review contracts, ensuring that terms and conditions align with organizational needs.
Monitor contract performance, addressing any issues or deviations from agreed-upon terms.
**Collaboration**:Work closely with internal departments to understand their procurement needs.
Collaborate with stakeholders to develop and implement procurement strategies that support overall business objectives.
**Market Research**:Stay informed about market trends, product innovations, and pricing fluctuations.
Conduct research to identify potential suppliers and products that meet organizational requirements.
**Budget Management**:Assist in the development and management of procurement budgets.
Monitor expenditures to ensure adherence to budgetary constraints.
**Documentation**:Maintain accurate and up-to-date records of procurement activities.
Prepare reports and analysis on procurement metrics for management review.
**Compliance**:Ensure compliance with relevant laws, regulations, and internal policies.
Implement and enforce procurement best practices and ethical standards.
**Continuous Improvement**:Identify opportunities for process improvement and implement best practices.
Stay abreast of industry developments to enhance procurement processes.
**Qualifications**:
- Bachelor's degree in business, supply chain management, or a related field.
- Proven experience in procurement or a related role.
- Strong negotiation, communication, and analytical skills.
- Knowledge of procurement laws, regulations, and best practices.
- Proficiency in procurement software and tools.
A Procurement Officer plays a critical role in ensuring that an organization's procurement activities are efficient, compliant, and contribute to the overall success of the business. This job description outlines key responsibilities and qualifications expected for individuals in this role.
**Salary**: AED3,000.00 per month
License/Certification:
- driving license (required)
Ability to Commute:
- Dubai (required)
Ability to Relocate:
- Dubai: Relocate before starting work (required)
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