Procurement Manager

Job Title: Procurement Manager

Department: Marine Procurement / Supply Chain

Location: Khobar, Saudi Arabia

Job Summary:

The Procurement Manager is responsible for managing the company’s end-to-end procurement process — from sourcing and vendor evaluation to contract negotiation and delivery follow-up. The role focuses on achieving cost efficiency, maintaining high-quality standards, and ensuring timely availability of materials, equipment, and services to support the organization’s operations and strategic goals.

Key Responsibilities:

1. Procurement Strategy and Planning

• Develop and implement effective procurement strategies, policies, and procedures.
• Analyze organizational needs and forecast material and service requirements.
• Plan procurement schedules in coordination with production, maintenance, and project teams.
• Identify opportunities for cost reduction and process improvement.

2. Supplier Sourcing and Management

• Identify, evaluate, and qualify reliable suppliers and service providers.
• Negotiate pricing, payment terms, delivery timelines, and service agreements.
• Build and maintain strong supplier relationships to ensure consistent quality and delivery.
• Monitor supplier performance through KPIs (quality, delivery, cost, and responsiveness).

3. Purchasing Operations

• Manage the preparation and approval of purchase orders and contracts.
• Ensure all procurement transactions comply with company policies and regulatory requirements.
• Coordinate logistics, customs, and delivery schedules to ensure timely receipt of goods.
• Maintain accurate records of purchases, supplier details, and pricing data.

4. Cost and Budget Management

• Develop and manage annual procurement budgets.
• Track expenditures and identify cost-saving opportunities.
• Evaluate total cost of ownership and ensure value for money in all purchases.

5. Risk Management and Compliance

• Ensure compliance with legal, environmental, and ethical procurement standards.
• Assess and mitigate risks related to supplier performance or market volatility.
• Conduct due diligence on key vendors and maintain transparent procurement processes.

6. Team Leadership and Collaboration

• Supervise and guide the procurement team to meet departmental goals.
• Provide training, coaching, and support for team members’ professional development.
• Collaborate with finance, operations, and project departments to align procurement strategies with company objectives.

7. Reporting and Analysis

• Prepare regular reports on procurement performance, cost savings, and supplier KPIs.
• Analyze data to identify trends, inefficiencies, and improvement opportunities.
• Present procurement insights and recommendations to management.

Qualifications and Skills:

• Education: Bachelor’s Degree in Supply Chain Management, Business Administration, Engineering, or a related field (Master’s or MBA preferred).
• Experience: Minimum 5–10 years of progressive experience in procurement or supply chain management, including at least 3 years in a managerial role.
• Experience in Marine Procurement is appreciated and will be prirotized in the list
• Technical Skills:
• Strong knowledge of procurement best practices, supplier management, and contract negotiation.
• Experience with ERP or procurement software (e.g., SAP, Oracle, MS Dynamics).
• Proficiency in MS Office, especially Excel and PowerPoint.
• Soft Skills:
• Excellent negotiation, communication, and interpersonal skills.
• Strong analytical and decision-making abilities.
• Leadership and team management skills.
• High integrity and attention to detail.

Key Performance Indicators (KPIs):

• Cost savings achieved vs. budget.
• On-time procurement and delivery rate.
• Supplier quality and performance ratings.
• Compliance with procurement policies and audit requirements.

Job Types: Full-time, Permanent