Key responsibilities
A procurement sourcing specialist performs a wide range of duties that cover the entire purchasing cycle.
Sourcing and supplier management
- Identify suppliers: Research and identify potential vendors and subcontractors for required materials, products, and services.
- Qualify and evaluate: Assess suppliers based on their capabilities, reliability, price, and quality standards, often using structured scoring sheets.
- Analyze spends and cost: Conduct market analysis and total cost of ownership (TCO) modelling to identify cost-saving opportunities and guide sourcing decisions.
- Manage risk: Perform supplier risk assessments and develop mitigation plans to ensure a resilient supply chain.
Negotiation and contracts
- Negotiate contracts: Lead or support negotiations with vendors to secure favorable terms, conditions, and pricing.
- Manage contracts: Draft, review, and execute contract documentation, ensuring compliance with legal and regulatory requirements.
- Process RFx: Develop, issue, and manage requests for information (RFIs), proposals (RFPs), and quotes (RFQs).
Internal collaboration and execution
- Collaborate with stakeholders: Work closely with cross-functional teams, such as engineering, operations, and finance, to understand requirements and align sourcing strategies with business objectives.
- Process purchases orders: Execute purchasing transactions, including creating purchase orders and coordinating with vendors to ensure timely delivery.
- Manage vendor performance: Monitor and evaluate supplier performance using key performance indicators (KPIs) to implement continuous improvement plans.
Administration and reporting
- Maintain records: Keep accurate procurement records, including vendor databases, contracts, and purchasing documentation.
- Prepare reports: Generate and present reports on sourcing activities, savings, and market trends for leadership.
Essential skills and qualifications
The ideal candidate for this role possesses a mix of analytical, negotiation, and interpersonal abilities.
Skills and competencies
- Analytical skills: Strong ability to analyze data, interpret financial information, and identify cost-saving trends.
- Negotiation: Excellent negotiation skills to secure the best commercial terms.
- Communication: Strong written and verbal communication skills for building internal and external relationships.
- Strategic thinking: The ability to develop sourcing strategies that align with long-term business goals.
- Tech-savviness: Proficiency with procurement software, ERP systems (e.g., SAP, Oracle), and e-sourcing tools.
- Organizational skills: Excellent time management and organizational skills to manage multiple projects and priorities.
Education and experience
- Educational background: A Bachelor's degree in Civil Engineering.
- Professional experience: 3 to 5 years of experience in procurement, sourcing Fitout company
Job Type: Full-time
Pay: Up to AED7,000.00 per month
Experience:
- Interior Fitout: 3 years (Required)