Summary
Estithmar Holding is hiring a Lead Procurement Engineer for a role based in KSA. The position leads procurement teams and manages sourcing, supplier selection, negotiations, supplier performance, and procurement records for technical goods and services. Candidates need a bachelor's degree in engineering, at least 8 years of work experience, including 5 years of relevant experience, and procurement or supply chain qualifications or related technical certificates. SAP or other ERP knowledge is required; GCC experience is a plus.
The posting
As published on estithmarholding.com. Pulled from the employer's site and shown as they wrote it.
Job Summary
The Lead Procurement Engineer is responsible for the procurement or purchasing of technical goods and services of operation. Evaluates new and existing suppliers and negotiate purchase agreements with them. This position ensures that purchased goods and services are delivered in a timely manner.
Job Responsibilities 1
Develop and implement procurement strategies to support organizational objectives, including cost reduction, quality improvement, and supplier diversification.
Lead procurement teams, providing guidance, direction, and mentorship to ensure effective execution of procurement activities.
Collaborate with internal stakeholders, including project managers, engineers, and department heads, to assess procurement needs and develop procurement plans.
Identify, evaluate, and select suppliers based on criteria such as quality, cost, delivery time, and technical capabilities.
Negotiate contracts, terms, and pricing agreements with suppliers to secure favorable terms and achieve cost savings.
Monitor supplier performance, conducting regular assessments and audits to ensure compliance with contract terms and quality standards.
Resolve issues and disputes with suppliers, addressing quality issues, delivery delays, and other concerns to mitigate risks and maintain project timelines.
Develop and maintain relationships with key suppliers, fostering collaboration and communication to support long-term partnerships.
Analyze market trends, conduct supplier research, and stay informed about industry developments to identify opportunities for process improvements and cost savings.
Maintain accurate procurement records and documentation, ensuring compliance with organizational policies, procedures, and regulatory requirements.
Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies
Job Knowledge & Skills
Thorough understanding of procurement processes, including sourcing, bidding, and contract negotiation, to effectively manage procurement activities.
Strong technical knowledge and expertise in engineering principles to evaluate technical specifications and ensure alignment with project requirements.
Excellent analytical abilities to assess supplier proposals, conduct cost analysis, and identify opportunities for cost savings.
Advanced negotiation skills to negotiate contracts, terms, and pricing agreements with suppliers, achieving favorable outcomes while maintaining quality standards.
Leadership and team management skills to lead procurement teams, provide guidance and mentorship, and foster collaboration and communication among team members.
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus
Competencies
Resilience
Quality_321977507
Leadership_321977503
Risk Management L3
Materials Management L3
Total Cost Of Ownership (TCO) L3
E-Procurement Tools L3
Purchasing Benchmarking L3
Build High-Performing Teams
Agility
Provide Direction
AI Fluency
Education
Bachelor's Degree in Engineering
Professional Qualification in Supply Chain/Logistics related course or any Related Technical Certificates