Procurement Manager

Job Overview:

We are seeking a highly motivated and experienced Procurement Manager to join our client's team. As the Procurement Manager, you will be responsible for overseeing all procurement activities for the company. You will work closely with the management team to develop and implement procurement strategies, negotiate with suppliers, and ensure timely and cost-effective delivery of goods and services. You will also be responsible for managing the procurement budget and maintaining relationships with vendors.

Key Responsibilities:

Strategy and Planning

• Develop the procurement strategy in alignment with the company's vision, priorities and long-term business objectives
• Define and drive long-term procurement plans while overseeing execution to meet established targets and deliverables
• Lead procurement operations and tactical activities while recommending strategic initiatives and implementing business solutions to optimize daily workflows and stock levels
• Conduct market research to benchmark products, prices, and services ensuring competitive positioning
• Deliver strategic insights, analytical dashboards and executive level presentations to support top management decision-making
• Coordinate with internal stakeholders to define technical specifications and required quantities while ensuring best value offers while maintaining the quality standards
• Drive the development, implementation and continuous improvement of procurement policies, procedures, and systems
• Identify operational risks, initiate corrective actions, and recommend system enhancements
• Track, analyze, and report key procurement metrics to reduce costs, improve efficiency, and enhance overall effectiveness

Supplier Management & Negotiation

• Source, evaluate, and engage reliable suppliers aligned with project requirements and business needs
• Negotiate optimal commercial terms, conditions, and payment structures to secure favorable deals and cost effective purchases
• Prepare, review, amend, and approve supplier contracts in coordination with the Legal Department, ensuring full compliance with corporate standards, policies, and regulations
• Perform risk assessments on potential contracts and agreements highlighting key findings and critical clauses

Financial and Analysis

• Monitor procurement budgets and control costs
• Provide strategic recommendations for the budget preparation based on financial analysis and projections
• Set the yearly budget based on managements recommendations and guidelines whilst optimizing costs
• Monitor, control and ensure all financial performances are in correlation with the annual budget
• Track key performance indicators (KPIs) to improve efficiency and effectiveness

Talent Development:

• Act as a role model while demonstrating the core values of the company 
• Coach the team, develop capabilities and secure a solid succession plan
• Establish positive employer-employee relationship and create high level of trust, motivation and satisfaction
• Foster a positive work environment that promotes teamwork and productivity
• Lead the team towards driving service and profitability 
• Conduct regular performance reviews, identify training needs and oversee development plans Stakeholders Relationships 
• Strengthen partnerships with suppliers to serve the company's best interests and to gain the best deals 
• Maintain effective coordination with different stakeholders for successful initiatives and results 
• Build strong relationships with internal stakeholders to ensure continuous cooperation for optimal results

Others:

• Ensure compliance with authority matrix, code of conduct and the company's policies and procedures
• Remain up to date with the latest development and best practices in the field 
• Perform other job-related duties as assigned based on business needs and in alignment with the Direct Manager

Competencies:

• Promote own thoughts with clarity and confidence. Negotiate persuasively and convey information in a clear and concise manner 
• Display an entrepreneurial spirit, motivate team members and others to welcome any organizational change, coach the team to promote the changes and to maintain positive attitude throughout the process
• Maintain strong relationships with internal and external stakeholders and deliver high quality service and innovative initiatives to meet the customers expectations and enhance customer satisfaction
• Promote and encourage cooperation among subordinates and peers to accomplish common goals, build trust and commitment and to value the contribution of others 
• Take full responsibility for own decisions, behaviors and actions. Address ethical considerations when making business decisions. Hold self and others accountable for keeping commitments and measurable high-quality and cost-effective results
• Detect problems, analyze root causes, evaluate alternatives and options and apply timely and evidence-based solutions
• Manage the team and enable employees to grow and succeed through continuous coaching & feedback and provide opportunities for development, feeling of investment and desire to excel

Qualifications:

• 10 years of professional experience 
• Bachelors degree in business administration, Supply Chain Management, Finance, or a related field 
• MBA is a plus
• CIPS, CPM and CPSM are a plus 
• Project Management Professionals