Procurement Manager - Dubai, United Arab Emirates - Green Valley HR Consultancy LLC

Green Valley HR Consultancy LLC

Verified Company

Dubai, United Arab Emirates

1 week ago

Posted by:

Ahmed Al-Mansouri

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Description

Procurement Managers are responsible for overseeing the process of sourcing and acquiring goods, materials, and services needed for a business or organization.

Here are the typical job duties of a

Procurement Manager:
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Strategic Planning: Develop and implement procurement strategies aligned with the organization's goals and objectives. This may involve analyzing market trends, identifying cost-saving opportunities, and establishing vendor relationships.
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Vendor Management: Identify, evaluate, and select suppliers and vendors based on factors such as price, quality, reliability, and delivery time. Negotiate contracts and terms with vendors to ensure favorable pricing and conditions.
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Supplier Relationship Management: Build and maintain strong relationships with suppliers and vendors to ensure timely delivery of goods and services, resolve issues or disputes, and leverage opportunities for collaboration and innovation.
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Sourcing: Research and identify potential sources of supply for goods and services, both domestically and internationally. Evaluate suppliers based on factors such as product quality, availability, and cost-effectiveness.
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Procurement Process Management: Oversee the entire procurement process, from requisition to payment, ensuring compliance with company policies and procedures, as well as relevant regulations and standards.
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Contract Negotiation: Negotiate contracts and agreements with suppliers and vendors, including terms and conditions, pricing, payment terms, and service level agreements (SLAs), to ensure favorable terms for the organization.
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Cost Management: Monitor and control procurement costs, including purchase prices, shipping and logistics costs, and inventory carrying costs, to optimize spending and achieve cost savings targets.
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Inventory Management: Work closely with inventory and warehouse teams to manage inventory levels, minimize stockouts and excess inventory, and ensure timely replenishment of stock to meet operational needs.
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Risk Management: Identify and mitigate risks related to procurement activities, such as supply chain disruptions, quality issues, or regulatory compliance issues, to minimize the impact on business operations.
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Compliance: Ensure compliance with relevant laws, regulations, and industry standards governing procurement practices, such as ethical sourcing practices, import/export regulations, and environmental sustainability requirements.
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Data Analysis and Reporting: Analyze procurement data and key performance indicators (KPIs) to identify trends, opportunities for improvement, and areas of concern. Prepare reports and presentations for management review.
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Continuous Improvement: Continuously assess and improve procurement processes and practices to enhance efficiency, reduce costs, and increase value for the organization.
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Cross-functional Collaboration: Collaborate with internal stakeholders, such as finance, operations, and legal departments, to align procurement activities with business objectives and ensure seamless integration with other business functions.
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Supplier Diversity and Sustainability: Promote supplier diversity and sustainability initiatives by sourcing from diverse suppliers and vendors, supporting small and minority-owned businesses, and implementing environmentally responsible procurement practices.

Overall, Procurement Managers play a critical role in ensuring that organizations obtain the goods, materials, and services they need in a timely, cost-effective, and ethical manner, while also fostering strong relationships with suppliers and vendors to drive business success.

Resume on:

Pay:
From AED10,000.00 per month

Experience:

Procurement Manager: 10 years (required)