Procurement Director

Job Functions:

Skill:

Role:

·        Develop, monitor, and implement departmental policies and procedures.

·        Manage allocated annual departmental budget by controlling expenditures, cost reduction initiatives, and reporting variances in actual versus budget.

·        Establish and manage an effective vendor prequalification process for the creation of an Approved Vendors List.

·        Prepare periodic performance reports.

·        Manage and oversee purchasing analysis studies.

·         Liaise with companies’ management to understand their future procurement needs.

·        Manage the preparation of procurement statistical reports.

·        Direct, and lead the preparation of Request for Quotations, Request for Proposals, and relevant documents and oversee the process of evaluating offers and determining successful vendors.

·        Review all contract/ agreement provisions.

·        Follow up and resolve discrepancies in invoices with concerned vendors and ensure maintenance of comprehensive record system.

·        Close collaboration with different departments to evaluate their procurement requirements, predict demand, and create streamlined procurement procedures in line with budgetary limitations.

·        Provide guidance and leadership to all departmental staff to achieve agreed-upon targeted goals and objectives.

·        Additionally, you will be instrumental in driving sustainability initiatives by identifying environmentally friendly suppliers and implementing responsible sourcing practices to align with the company's corporate social responsibility goals.

·        Keep a vigilant eye on market trends, you will identify potential risks and opportunities, recommend innovative procurement solutions, and stay updated on industry best practices to continuously enhance the procurement function.

·        Responsible for monitoring and analyzing vital performance indicators like cost savings, supplier performance, and compliance, providing detailed reports on procurement achievements, and spearheading ongoing enhancement endeavors across the organization.

·        Track and analyze KPI’s, such as cost savings, supplier performance, and compliance, to deliver comprehensive reports on procurement successes and spearhead ongoing improvement initiatives throughout the organization.

·        Monitor market trends and proactively identify potential risks and opportunities providing recommendations for innovative procurement solutions and staying updated on industry best practices to enhance the procurement function.

Requirements:

·        Bachelor’s Degree

·        10+ years of procurement experience with 3 years managing a team

·        Demonstrated leadership ability.

·         Excellent communication and presentation skills.

·        Computer software knowledge in MS Excel, MS Word, and MS PowerPoint.

·        Demonstrated negotiation abilities and persuasive selling techniques

·        Excellent analytical skills and ability to plan, forecast, and exercise sound judgment.

·        Strong communication skills with the ability to coordinate inventory needs throughout the company

·        Strong management and leadership skills.

·        Positive demeanor.