Procurement Manager

Our client, a food investment company that specializes in acquiring new high-end and fast casual food concepts, and developing their own concepts from within, is recruiting a Procurement manager.

Job Description:

- Oversee end-to-end supply chain operations, including procurement, vendor management, and inventory control.

- Develop and maintain strong relationships with suppliers, negotiating contracts and agreements to ensure cost-effectiveness and reliable supply.

- Monitor and analyze market trends, supplier performance, and industry developments to identify opportunities for improvement and cost savings.

- Streamline processes, implement best practices, and leverage technology to optimize supply chain efficiency and minimize lead times.

- Collaborate with cross-functional teams, including operations, finance, and marketing, to align supply chain strategies with business objectives.

- Develop inventory management policies and procedures, ensuring optimal stock levels to meet operational requirements without excessive holding costs.

- Implement inventory tracking systems and conduct regular audits to monitor inventory accuracy, reduce wastage, and prevent stock-outs.

- Forecast demand patterns, seasonal variations, and market trends to optimize inventory planning and minimize excess inventory.

- Collaborate with restaurant managers to understand specific inventory needs and ensure timely delivery of supplies to meet operational demands.

Applicant's Background:

- Bachelor's degree in Business Administration, Supply Chain Management, or a related field. A master's degree may be advantageous.

- Proven experience as a Procurement Manager or in a similar procurement leadership role.

- In-depth knowledge of procurement principles, vendor management, and supply chain best practices.

- Strong negotiation skills and the ability to build and maintain productive supplier relationships.

- Excellent analytical and problem-solving abilities.

- Proficiency in using procurement software and MS Office Suite.

- Effective communication and interpersonal skills to collaborate with internal stakeholders and external suppliers.

- Solid understanding of logistics, contract terms and legal implications.

- Saudi Arabian work experience is a plus.