Procurement Specialist
6 days ago
Emaar Dubai Procurement Executive Job Description
Roles and Responsibilities:
- Education and Experience: We require a minimum of a high school diploma or a Graduate degree in Supply Chain Management, Logistics, Business Administration, or a related field. Additionally, a minimum of 4 years of experience in Hospitality Procurement in a medium to large organization is necessary.
- e-Procurement Experience: Proficiency in e-Procurement or equivalent procurement systems is essential.
- Procurement Skills: The successful candidate will have in-depth knowledge of preparing and reviewing contracts, invoicing, and negotiation terms. They will also be skilled in Supplier Management, Purchasing Strategy, Negotiation, Market Research, Inventory Management, Compliance, and Reporting and Analysis.
Key Responsibilities:
- Supplier Management: The Procurement Executive will identify, evaluate, and establish relationships with suppliers to ensure the availability of high-quality goods and services.
- Purchasing Strategy: They will develop and implement procurement strategies that align with the organization's goals, including cost reduction and efficiency improvement.
- Negotiation: The Procurement Executive will negotiate contracts, pricing, and terms with suppliers to secure favorable conditions for the organization.
- Market Research: They will stay informed about market trends, industry developments, and pricing fluctuations to make informed purchasing decisions.
- Inventory Management: The Procurement Executive will monitor inventory levels to ensure that supplies are adequately stocked while minimizing excess inventory and waste.
- Compliance: They will ensure that procurement activities comply with company policies, legal regulations, and ethical standards.
- Reporting and Analysis: The Procurement Executive will prepare reports on procurement activities, analyze purchasing data, and provide insights to management for decision-making.
Essential Skills:
- Negotiation Skills: Strong ability to negotiate favorable terms and pricing with suppliers.
- Analytical Thinking: Proficiency in analyzing market data and purchasing trends to make informed decisions.
- Communication: Excellent verbal and written communication skills for interacting with suppliers and internal stakeholders.
- Attention to Detail: Meticulousness in reviewing contracts, orders, and invoices to ensure accuracy.
- Organizational Skills: Ability to manage multiple procurement projects and prioritize tasks effectively.
Desired Candidate Profile:
- Supplier Management: Identify, evaluate, and establish relationships with suppliers to ensure the availability of high-quality goods and services.
- Purchasing Strategy: Develop and implement procurement strategies that align with the organization's goals, including cost reduction and efficiency improvement.
- Negotiation: Negotiate contracts, pricing, and terms with suppliers to secure favorable conditions for the organization.
- Market Research: Stay informed about market trends, industry developments, and pricing fluctuations to make informed purchasing decisions.
- Inventory Management: Monitor inventory levels to ensure that supplies are adequately stocked while minimizing excess inventory and waste.
- Compliance: Ensure that procurement activities comply with company policies, legal regulations, and ethical standards.
- Reporting and Analysis: Prepare reports on procurement activities, analyze purchasing data, and provide insights to management for decision-making.
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