Senior Procurement Executive

Job Role

The Senior Procurement Executive leads and optimizes the end-to-end procurement function for the company, owning supplier strategy, contract management, cost & risk mitigation, and continuous improvement across local and international sourcing. This role manages high-value/complex purchases, mentors the procurement team, liaises with operations and projects (HVAC, plumbing, fire fighting, oil-field accessories), and ensures compliance with regulatory, customs, and insurance requirements.

Duties & Responsibilities

• Strategy & Sourcing
• Develop and execute procurement strategy aligned with business plans, forecasting, and CAPEX/OPEX budgets.
• Lead supplier identification, qualification, performance management, and development (including technical approvals, MTC review, and third-party inspections).
• Negotiate complex commercial terms, master agreements, frame contracts, and favorable payment/delivery terms with local and international suppliers.
• Drive cost-reduction and value-creation initiatives through strategic sourcing, supplier consolidation, and total cost of ownership analysis.
• Operational Procurement
• Approve and/or review high-value RFQs, Purchase Orders (POs), and contract documents; ensure PO accuracy and contract compliance.
• Lead local procurement of assets and services when required; define thresholds for local vs international sourcing.
• Maintain and improve procurement controls, vendor due diligence (KYS/KYC), and compliance with company policy and relevant regulations.
• Logistics, Customs & Insurance
• Oversee logistics strategy (FOB/CIF decisions), carrier/freight forwarder selection, insurance placement, and claims handling for international shipments.
• Ensure timely customs clearance and coordinate with clearing agents for PAI/CITRA or other authority approvals.
• Inventory & Quality Management
• Own inventory policy settings (reorder points, safety stock), lead time optimization, and replenishment strategy with warehouse & operations.
• Manage supplier risk (financial, delivery, quality) and maintain supplier contingency plans to avoid stockouts.
• Supervise quality control processes for inbound materials; manage claims, surveys, repair quotations, and insurance recoveries.
• Leadership & Coordination
• Mentor and train junior procurement staff; define Standard Operating Procedures (SOPs) and improve processes in ERP.
• Coordinate cross-functional initiatives with Accounts, Warehouse, Operations, Projects, and IT.