Procurement Director
Date: 18 Oct 2024
Location: QA
Company: Power International Holding
Job Summary
The Procurement Director leads the Procurement team that is responsible for professional sourcing of products/services meeting the specified needs of the Business at most competitive commercial terms. The position has the primary accountability of overseeing executive procurement in the management, development and implementation of relevant materials and services portfolio by following market conditions, price trends and formulation of future market trends for the business.
Job Responsibilities 1
Lead the identification of metrices, tools and processes to optimize sourcing, supplier activities and efficiencies.
Delivery of Operating Cash Flow and Working Capital plans for the specific materials/services and suppliers.
Close coordination with the business to support the launch of innovations as well as new products and service(s) development(s).
Lead in strategic advice and collaboration of procurement strategies, approaches and requirements.
Lead, direct and manage the department goals to be aligned to the business strategies.
Ensure execution of all common procurement strategies for responsible portfolio/category of materials and services.
Ensure consistency and standardization in the approach to drive improvements in procurement activities.
Establish measurable goals in the department's continuous improvement.
Enhance the department's capabilities by supporting the development of processes, technology and tools.
Oversee the rationalization of suppliers, materials and services that meet business requirements.
Oversee that the department's internal as well as external customers receive quality and timely procurement service and assistance.
Build long-term cost reduction and value improvement plans for specific spend areas.
Design and implement transactional strategies and automation goals for Procure to Pay processes
Job Responsibilities 2
Additional Responsibilities 3
Job Knowledge & Skills
Comprehensive understanding of procurement principles, regulations, and best practices to develop and implement strategic procurement initiatives.
Strong leadership and management abilities to lead procurement teams, set departmental goals, and drive performance towards organizational objectives.
Advanced negotiation skills to negotiate contracts, terms, and pricing agreements with suppliers, maximizing value and minimizing costs.
Analytical acumen to assess supplier performance, conduct cost analysis, and identify opportunities for cost savings and process improvements.
Excellent communication and interpersonal skills to collaborate with internal stakeholders, external partners, and executive leadership to align procurement strategies with business goals and objectives.
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
Minimum 8 years working experience, 5 years in a relevant supervisory position, 2 years GCC experience is a plus
Competencies
Education