Procurement Specialist
Qureos
Date: 6 hours ago
City: Riyadh
Contract type: Full time
Responsibilities
- Develop and implement effective procurement strategies for various categories of goods and services.
- Manage the entire procurement cycle, including requisitioning, sourcing, negotiation, contracting, and expediting.
- Identify and evaluate potential suppliers, conducting due diligence and ensuring compliance with company policies and procedures.
- Negotiate favourable terms and conditions with suppliers, aiming for cost savings and optimal value.
- Build and maintain strong relationships with key suppliers.
- Monitor supplier performance and address any issues or discrepancies.
- Stay up-to-date with market trends and best practices in procurement.
- Maintain accurate records of all procurement activities.
- Prepare regular reports on procurement spend and savings.
- Collaborate with internal stakeholders to understand their requirements and ensure timely delivery of goods and services.
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience as a Procurement Specialist, preferably in a similar industry.
- Strong understanding of procurement principles and practices.
- Excellent negotiation and communication skills.
- Ability to analyse data and make informed decisions.
- Proficiency in Microsoft Office suite, particularly Excel.
- Strong organisational and time management skills.
- Ability to work independently and as part of a team.
- Fluency in English and Arabic (preferred).
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