Head of Procurement

2 weeks ago

Abu Dhabi, United Arab Emirates Orange Wheels Full time

Ensure the efficient and cost-effective procurement of high-quality goods and services, while maintaining strong vendor relationships, alternate preferred vendors for all products and prioritizing safety, ethical sourcing norms, age-appropriateness, educational value, sustainability, and community engagement.

**Strategic Planning & Sourcing**
- Identify, evaluate, and select suppliers/vendors for diverse products ranging from educational toys for the nursery to age-appropriate games and cafe supplies.
- Develop and implement a comprehensive sourcing strategy aligned with the company's goals, ensuring products meet quality, safety, and educational standards across OS, Orange Wheels (OW), and OH.
- Conduct market research specific to each business vertical to stay updated on industry trends, pricing, and product innovations.
- Gather and analyze data on current and future needs of OS, OW, and OH.
- Forecast demand for goods and services based on historical data, seasonal trends, and anticipated projects for each business.

Develop and maintain a comprehensive annual procurement plan aligned with pre-agreed departmental budgets for OS, OW, and OH.

**Cost Management**
- Develop and execute cost-effective procurement strategies while maintaining product quality standards.
- Establish and maintain strong relationships with vendors for OS, OW & OH, negotiating contracts and terms to secure preferential allocations, favourable pricing, quality, and timely deliveries.
- Analyse pricing, negotiate contracts, and seek opportunities for bulk purchasing or discounts to optimize costs without compromising quality.
- Explore opportunities for partnerships or exclusive arrangements that benefit IdeaCrate.
- Manage the contract lifecycle, including renewals, amendments, performance as per agreed terms, compliances and terminations, if any.
- Analyze procurement spending patterns across all departments for OS, OW & OH.

Implement cost-saving initiatives such as value analysis, standardization, e-procurement solutions, leverage economies of scale by combining partnering with other businesses.

**Compliance and Quality Assurance**

Ensure compliance with safety regulations, especially for products used by children, and ethical sourcing practices across all purchased items.

Establish and enforce quality standards, conducting regular quality checks and audits of received products.

Establish and document quality standards for all procured goods and services, customizing standards to meet the specific requirements of OS, OW, and OH.

Ensure standards are aligned with departmental requirements and industry best practices for each business.

Communicate quality standards to vendors and ensure their understanding, customizing communication for OS, OW, and OH.

Conduct or oversee quality inspections of goods and services upon receipt for OS, OW, and OH.

**Innovation and Product Development**

**Cross-functional Collaboration & Continuous Improvement**

**Reporting and Analysis**

**Policy and procedure development**
- **Overall, 20 plus years of experience**

15 plus years of hands-on experience specifically in senior roles handling similar senior level procurement services & practices

**Industry Exposure -**Edutainment, Education, Hospitality, Entertainment, Retail

Application Question(s):

- Total years of expereince in Senior level ?
- Which all industries you have worked ?
- Total Years of Expereince in Procurement ?

Expected Start Date: 02/02/2025

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