Procurement Manager
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Key skills for this role
About the Role
NOFA COMPANY is seeking a Procurement Manager in Riyadh to develop and implement procurement strategies, manage vendor relationships, and drive cost savings. The role requires strong negotiation, analytical, and project management skills to support the company's market research operations.
Key Skills for This Role
Responsibilities
- Develop and implement procurement strategies aligned with business objectives
- Conduct market research to identify suppliers and negotiate contracts
- Collaborate with cross functional teams to understand procurement needs
- Monitor supplier performance through KPIs and assessments
- Manage procurement budget and identify cost saving opportunities
- Ensure compliance with company policies and regulatory requirements
- Facilitate training sessions on procurement processes
- Prepare and present procurement reports to senior management
- Build and maintain relationships with key stakeholders
Requirements
- Strong negotiation skills
- Excellent analytical abilities
- Proficiency in procurement software and tools
- Effective communication skills
- Project management skills
- Knowledge of market research methodologies
- Ability to manage budgets
Full Job Posting
Role Overview
- The Procurement Manager role is a pivotal position within our dynamic and innovative market research company in Riyadh.
- You will be at the forefront of ensuring that our operations run smoothly by sourcing and managing the procurement of essential goods and services.
- This role offers career growth and professional development in a fast paced environment.
Responsibilities
- Develop and implement procurement strategies that align with the company's overall business objectives.
- Conduct market research to identify potential suppliers, evaluate their offerings, and negotiate contracts.
- Collaborate with cross functional teams to understand their procurement needs.
- Monitor supplier performance through KPIs and regular assessments.
- Manage the procurement budget effectively, analyzing spending patterns to identify cost saving opportunities.
- Ensure compliance with company policies and regulatory requirements in all procurement activities.
- Facilitate training sessions for team members on procurement processes and tools.
- Prepare and present procurement reports to senior management.
- Build and maintain strong relationships with key stakeholders.
Skills
- Strong negotiation skills to secure the best possible terms with suppliers and vendors.
- Excellent analytical abilities for evaluating supplier performance and market trends.
- Proficiency in procurement software and tools to streamline processes and enhance efficiency.
- Effective communication skills for collaborating with cross functional teams and presenting findings to management.
- Project management skills to oversee procurement projects from inception to completion.
- Knowledge of market research methodologies to inform procurement decisions.
- Ability to manage budgets and identify cost saving opportunities effectively.
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