- Identify andevaluate potential suppliers/vendors based on quality cost deliveryand reliability criteria.
- Negotiate pricingterms and contracts with suppliers to secure favorable agreementsand optimize procurement costs.
- Maintainrelationships with existing suppliers and assess their performanceregularly to ensure compliance with service levelagreements.
- Generate purchase ordersin SAP system based on requisitions ensuring accuracy andcompleteness of order details.
- Coordinate withinternal stakeholders such as department heads and project managersto understand procurement needs andtimelines.
- Monitor purchase orders through theprocurement lifecycle from creation to receipt of goods/servicesresolving any issues or discrepancies as theyarise.
- Maintain accurateinventory records in SAP including stock levels movement andreplenishment schedules.
- Implement inventoryoptimization strategies to minimize excess inventory and stockoutswhile maximizing inventory turnover.
- Conductperiodic inventory audits to reconcile physical inventory withsystem records and address anydiscrepancies.
- Serve as the primarypoint of contact for SAP procurement modules providing user supporttraining and troubleshooting assistance asneeded.
- Collaborate with IT and SAP supportteams to implement system enhancements updates and configurationsto meet evolving business requirements.
- Ensurecompliance with SAP best practices security protocols and dataintegrity standards within the procurementfunction.
- Analyze procurementprocesses and workflows to identify opportunities for efficiencygains and cost savings.
- Implement continuousimprovement initiatives such as standardization of procurementprocedures and automation of manual tasks to streamlineoperations.
- Track key performance indicators(KPIs) related to procurement performance such as procurement cycletime cost savings and supplier performancemetrics.
- Bachelorsdegree in Supply Chain Management Business Administration orrelated field.
- Minimum 4 years of experience inprocurement or purchasing roles with a focus on SAP procurementmodules (e.g. SAP MM SAP SRM).
- Proficiency inSAP software particularly in procurementrelated modules with theability to navigate and utilize system functionalitieseffectively.
- Strong negotiation skills andvendor management capabilities with a track record of achievingcost savings and favorable contractterms.
- Excellent analytical skills andattention to detail with the ability to interpret data and generateinsights to drive decisionmaking.
- Effectivecommunication and interpersonal skills with the ability tocollaborate crossfunctionally and interact with stakeholders at alllevels of theorganization.
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Procurement Specialist
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Procurement Specialist - Dubai, United Arab Emirates - Gama Advisory Services LLP
Description
Responsibilities:Sourcing andVendor Management:analyticalskills,management,purchase orders,contracts,purchase orderprocessing,skills,sap systemadministration,negotiation,savings,optimization,businessadministration,data,supply chain management,inventorymanagement,procurement,communication skills,suppliers,vendormanagement,inventory control,process improvement,sourcing,costsavings,interpersonal skills,sap