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Strategic Procurement Leader

2 months ago

Dubai, Dubai, United Arab Emirates Sobha Constructions Full time
Job Summary:

The Strategic Procurement Leader will lead the procurement function, ensuring the efficient and cost-effective acquisition of materials, services, and equipment necessary for the company's construction projects.

This role requires a strategic thinker with strong leadership skills, extensive experience in procurement, and a deep understanding of the construction industry.

Key Responsibilities:
  1. Develop and Implement Procurement Strategies: Align procurement strategies with the company's goals and objectives.
  2. Identify Opportunities for Cost Savings and Process Improvements: Analyze market trends and supplier capabilities to identify opportunities for cost savings and process improvements.
  3. Conduct Market Analysis: Stay informed about industry trends and supplier capabilities through market analysis.
  4. Establish and Maintain Strong Relationships with Suppliers: Foster strong relationships with key suppliers and vendors.
  5. Negotiate Contracts and Terms: Negotiate contracts, terms, and conditions to ensure favorable outcomes for the company.
  6. Monitor Supplier Performance: Monitor supplier performance and address any issues or discrepancies.
  7. Lead and Mentor the Procurement Team: Foster a culture of collaboration and continuous improvement within the procurement team.
  8. Set Performance Goals and Conduct Evaluations: Set performance goals and conduct regular evaluations of the procurement team.
  9. Provide Training and Development Opportunities: Provide training and development opportunities to enhance team skills and knowledge.
  10. Oversee the Procurement Process: Ensure compliance with company policies and procedures throughout the procurement process.
  11. Manage the Procurement Budget: Track expenditures and manage the procurement budget.
  12. Implement and Maintain Procurement Software and Systems: Implement and maintain procurement software and systems for efficiency and transparency.
  13. Identify and Mitigate Risks: Identify and mitigate risks associated with procurement activities.
  14. Ensure Compliance with Legal and Regulatory Requirements: Ensure compliance with legal and regulatory requirements.
  15. Develop Contingency Plans: Develop contingency plans to address potential supply chain disruptions.
  16. Collaborate with Stakeholders: Work closely with project managers, engineers, and other stakeholders to understand project requirements and timelines.
  17. Coordinate with Finance and Legal Departments: Ensure alignment with finance and legal departments on procurement activities.
Qualifications:
  1. Education: Bachelor's degree in Civil/Mechanical/Electrical Engineering; Master in Supply Chain Management or a related field is preferred.
  2. Experience: Minimum of 14-16 years of experience, with at least 8-10 years in Strategic Procurement and in a leadership role within the construction industry.
  3. Skills: Strong negotiation and contract management skills, excellent analytical and problem-solving abilities, proficiency in procurement software and systems, exceptional communication and interpersonal skills, and ability to work under pressure and meet tight deadlines.