Director - Purchasing
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Role Overview
Red Sea Coastal Trading Company is a specialized supply chain and logistics subsidiary under Red Sea Global, designed to power the seamless delivery of materials, equipment, and services across our portfolio of pioneering developments.
Key Skills for This Role
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About Red Sea Coastal Trading Company
Red Sea Coastal Trading Company is a specialized supply chain and logistics subsidiary under Red Sea Global, designed to power the seamless delivery of materials, equipment, and services across our portfolio of pioneering developments.
Job Responsibilities
- Develop, lead and execute purchasing strategies.
- Track and report key functional metrics to reduce expenses and improve effectiveness.
- Partner with stakeholders to ensure clear requirements documentation.
- Forecast price and market trends to identify changes of balance in buyer-supplier power.
- Seek and partner with reliable vendors and suppliers.
- Monitor and forecast upcoming levels of demand.
- Establish contracts to ensure negotiated prices are available for all operating items required for the hotel.
- Ensure that all order receiving dates are updated by the buyers according to the supplier’s promised delivery dates.
- Ensure that all authorized or approved purchase orders are sent to their respective suppliers/vendors for delivery purposes on a daily basis.
- Ensure & verify that quotations are regularly updated, and supplier’s new current price lists are maintained.
- Research and identify new products and services for the hotel in the market.
- Check, explain if needed, and approve delivered items discrepancy report issued by cost control regarding price and quantity order variances.
Job Requirements
- Bachelor's Degree in Supply Chain, Procurement, Business Administration, Finance, Engineering, or related field.
- 12+ years of procurement and supply chain experience with 5+ years in a senior leadership/director-level role.
- Experience managing large procurement spend across multiple categories (Direct & Indirect).
- Experience developing procurement strategies and category management frameworks.
- Strong sourcing and contract negotiation experience.
- Experience implementing procurement policies, governance, and controls.
- Supplier relationship management and supplier performance improvement.
- Spend analysis, cost optimization, and savings delivery.
- Procurement transformation and process improvement initiatives.
- Managing cross-functional stakeholders (Finance, Operations, Commercial, Legal, Logistics).
- Experience within FMCG, Hospitality, Retail, Distribution, Industrial, Construction, or similar large-scale environments.
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