Summary
Power International Holding is hiring a Procurement Officer for a role based in Saudi Arabia. The officer will develop sourcing strategies, negotiate with suppliers, manage supplier performance, identify cost savings, and support timely purchasing and inventory needs. The role also involves procurement compliance, budget management, stakeholder collaboration, and support for HSE initiatives. Applicants need a bachelor’s degree in Business Administration or Engineering, relevant supply chain or logistics qualifications, and at least 5 years of work experience, including 3 years in a relevant role; GCC experience is a plus.
The posting
As published on powerholding-intl.com. Pulled from the employer's site and shown as they wrote it.
Job Summary
The Procurement Officer is responsible to streamline sourcing processes, negotiate contracts, and ensure the timely acquisition of goods and services, thereby optimizing cost efficiency and maintaining inventory levels to meet organizational needs. They also cultivate supplier relationships, evaluate supplier performance, and enforce compliance with procurement policies and regulations to support operational objectives and drive strategic sourcing initiatives.
Job Responsibilities 1
Define and communicate the supply strategy and its implications, to inform and align the respective stakeholders.
Make use of competitive insights to shape strategies that counter competitive threats.
Remove organizational barriers to delivering exceptional internal and/or external customer service.
Represent the organization in an honest, ethical and professional way and encourage others to do so aligned with the operating framework.
Manage financial and budgetary based on the assigned area of responsibility.
Identify metrics, tools and processes to optimize sourcing, supplier activities and efficiencies.
Lead the delivery of the savings and operating cash flow programs within their scope of category (products/services).
Continuously drive operational excellence in strategic sourcing.
Develop/follow superior procurement management strategies and practices to effectively reap maximum value
from Procurement.
Formulate and manages a strategic plan that capture total procurement value to sustain a competitive edge.
Adapt Company–wide use of best practices to support the organization in achieving strategic objectives and maximize business opportunities.
Engage and collaborates with both key internal and external stakeholders to improve service while reducing supply cost.
Lead in identifying and analyzing cost reduction opportunities to achieve and deliver the financial targets.
Oversee and manage the rationalization of suppliers, materials and services that meet business 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
Profound knowledge of the requirements for best-in-class purchasing capabilities and a strong expertise and credibility in all areas of purchasing.
Understanding of market dynamics and the concept of price discovery.
An experienced negotiator in dealing and collaborating with suppliers.
Good understanding of best practices in integrated supply chain management with experiences in other areas of the supply chain/operations a clear plus.
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
Minimum 5 year(s) working experience, 3 year(s) relevant working experience, 2 year (s) GCC is a plus
Competencies
Agility
AI Fluency
Material Forecasting L2
Resilience
Quality_321977507
Leadership_321977503
Purchasing Procedures L2
E-Procurement Tools L2
Purchasing Benchmarking L2
Materials Management L2_321977843
Education
Bachelor's Degree in Business Administration or Engineering
Professional Qualification in Supply Chain/Logistics related course or any Related Technical Certificates