Sourcing Specialist II
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
Job Purpose / Objective The Sourcing Specialist s role is to assist the company in creating solid relationships with suppliers and maintaining the existing ones. He/she is also.
Key Skills for This Role
Full Job Posting
Job Purpose And Objective
The Sourcing Specialist s role is to assist the company in creating solid relationships with suppliers and maintaining the existing ones.
He/she is also responsible for sourcing goods, materials, and services at competitive prices and advising upper-level staff members on which suppliers to contract with.
He/she should be able to maintain and update the supplier database and find alternative suppliers if the existing ones are unable to meet their obligations.
The job holder should be able to work with the relevant business lines/departments to ensure that costs remain within budget and develop and implement innovative ideas to enhance sourcing strategies.
Vendor Management
Identify, evaluate, and onboard suppliers who can provide quality components, materials, or services for marine and power generation engine manufacturing.
Negotiation
Establish and maintain robust relationships with suppliers and negotiate favorable terms, pricing, and contract agreements to optimize cost-effectiveness and ensure on-time delivery.
Supplier Performance
Monitor and track suppliers' performance metrics, ensuring compliance with quality standards, delivery schedules, and regulatory requirements.
Market Research
Conduct ongoing market research to identify emerging trends, new suppliers, and potential cost-saving opportunities.
Continuously evaluate and benchmark supplier capabilities and pricing to optimize sourcing strategies.
Supply Chain Optimization
Collaborate with cross-functional teams, such as engineering, manufacturing, and logistics, to ensure smooth procurement processes, reduce lead times, manage inventory levels, and minimize risks.
Risk Management
Assess and mitigate potential supply chain risks, including price volatility, component shortages, geopolitical instability, or environmental factors, to ensure the uninterrupted flow of materials.
Cost Analysis
Analyze and report on procurement-related data, including pricing, cost savings, and vendor performance, to support strategic decision-making and cost optimization initiatives.
Compliance
Ensure compliance with applicable laws, regulations, and industry standards related to sourcing, supplier management, and sustainable practices.
Continuous Improvement
:
Identify areas for process improvement, implement best practices, and drive initiatives to optimize sourcing efficiency and effectiveness.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Makeen Technical Services
Senior Corporate Communication Specialist
Saudi Arabia, KSA
Implement strategic corporate communications initiatives, manage public relations, create engaging content, and maintain media relations with strong communication skills.
MRO Technician I
Saudi Arabia, KSA
Makeen Technical Services seeks an MRO Technician I to ensure high-speed engine equipment performs at desired safety, quality, and productivity levels. The role involves implementing best practices for maintenance, repai
Financial Planning & Analysis Manager
Saudi Arabia, KSA
Makeen Technical Services seeks a Financial Reporting Manager to prepare financial statements, coordinate budgeting, liaise with auditors, and handle tax filings. Requires strong data analysis skills and experience with
Corporate Communications Specialist I
Saudi Arabia, KSA
Job Purpose/Objective: Support the implementation of communication plans and initiatives to promote MAKEEN s brand, internal culture, and external visibility. This role focuses ...
Administration Specialist
Saudi Arabia, KSA
Job Purpose / Objective The Administration Specialist will be responsible for providing comprehensive administrative support to the MRO Department. This role will involve managi...