Specialist - Sourcing Emiratized Role

6 days ago


Abu Dhabi, Abu Dhabi, United Arab Emirates First Abu Dhabi Bank Full time

The Sourcing Specialist is responsible for executing strategy for aligning the demand/supply (i.e. procurement) of goods and services for specific sourcing category area of responsibility.

The Sourcing Manager will deliver measurable and demonstrable value to the Organization by using strategic sourcing, commercial and legal negotiations, contract enablement, and lifecycle management for specific sourcing category areas of responsibilities.

  1. The Sourcing Manager is responsible for ensuring suppliers and contracts are delivering value for money, minimizing risk, and improving service and social objectives for the categories of responsibility.
  2. Provides leadership and accountability, ensuring process compliance and delivering optimal sourcing benefits from category management.
  3. Ensures best commercial value is negotiated and obtained for purchases. Specifically, prepare requests for quotations, negotiate, select, and identify the most appropriate supplier (price, quality, conditions) in collaboration with the requesting department. Also negotiate contracts with the legal department.
  4. Works with the Category Manager and Head of Sourcing to define FAB Category strategy, setting performance objectives and monitoring progress, and actively engaging with and securing support from key local stakeholders (Finance, HRG).
  5. Collaborates with stakeholders to create, manage, and execute category plans.
  6. Develops annual category sourcing plans through detailed analysis of contracts, spend analysis, usage patterns, future demands, and benchmark data ensuring full alignment between FAB requirements and SVM targets.
  7. Leads transformational change through category strategies to include demand management, specification review, and grouping of similar goods and/or services using catalogue management techniques.
  8. Ensures that SVM Sourcing Management is aligned with FAB corporate strategies in cooperation with business planning and strategy and delivers results to the bottom line.
  9. Ensures that market intelligence is updated regularly and ensures that any changes are updated in the category strategy, taking appropriate steps to mitigate any potential impact that this information may have on the organization.
  10. Monitors and reports all strategic savings on a monthly basis to the Head of Sourcing.
  11. Continuously reviews category management information to identify new opportunities to minimize any potential savings gap.
  12. Provides expertise, leadership, and support to FAB organizations to drive overall productivity programs promoting best practice sharing, benchmarking, market intelligence, etc.
  13. Actively participates and contributes to the development of SVM as a value-adding function within the FAB organization through empowered and experienced stakeholder management.

Qualifications:

  • English, Arabic desirable
  • 12 years experience
  • Bachelor's Degree in Supply Chain / Procurement or any similar field

Remote Work: No

Employment Type: Full-time

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