Purchasing Manager
Job Location : Dubai, United Arab Emirates
Essential Functions:
• Develop and implement strategic procurement plans and policies.
• Identify and source reliable vendors and suppliers for goods and services.
• Negotiate with vendors and suppliers to secure advantageous terms and pricing.
• Evaluate and select suppliers based on cost, quality, service, availability, and reliability.
• Manage supplier relationships and monitor supplier performance to ensure compliance with contracts and agreements.
• Collaborate with internal stakeholders to determine procurement needs, specifications, and budgetary limitations.
• Ensure timely delivery of goods and services to meet operational needs.
• Monitor inventory levels and manage inventory control processes.
• Analyze market trends and developments to identify potential new suppliers and cost-saving opportunities.
• Prepare and maintain procurement records, reports, and contracts.
• Audit supply chain process.
• Train and supervise procurement staff.
• Stay informed about relevant laws, regulations, and industry best practices in procurement.
• Proficiency in managing budgets, cost forecasting, and implementing cost-saving measures.
• Knowledge of contract law and ability to draft, review, and manage contracts with suppliers.
• Understanding of supply chain processes and logistics to ensure efficient procurement operations.
• Familiarity with procurement software and tools for managing procurement activities.
• Commitment to ethical procurement practices and ensuring compliance with company policies and regulations
• Efficiently managing time and resources to handle multiple procurement tasks and projects simultaneously.
Qualifications and Experience:
• Bachelor’s degree in Business Administration, Supply Chain Management, or a related field
• 10-15 years of experience in the Purchasing/Procurement role within UAE, with a proven track record of leadership and strategic decision-making.
• Strong negotiation skills and ability to secure advantageous terms and pricing.
• Solid understanding of procurement strategies, policies, and procedures.
• Experience with procurement software and systems.
• Excellent communication, interpersonal, and leadership skills.
• Strong analytical and problem-solving abilities.
• Ability to work well under pressure and make decisions that impact the company’s bottom line.
• Excellent written and oral and communication skills.
• Analytical Thinking: Ability to analyze market trends, supplier performance and cost data to make informed procurement decisions.
• Strategic Vision: Capacity to align strategies with organizational goals and market trends.
• Leadership: Strong leadership and management skills to guide and motivate a finance team.