Procurement category lead

Job Summary

The Procurement Category Lead is responsible in the management of direct or indirect material category and will work closely with internal stakeholders to procure cost effective products and services as per Company requirements.

Job Responsibilities Manage assigned Category and develop and execute strategies especially on critical materials. Lead and manage Category teams. Manage suppliers ensuring they are prequalified by all stakeholders. Monitor and ensure inventory level of the materials does not go below the safety stock. Constantly monitor price trends and analyze market data on assigned material categories especially if it is related to commodities and advise management on strategic purchases. Review and approve requests for proposals/tenders/information ensuring it is aligned with business unit requirements and Company policies. Manage the creation/selection of preferred/strategic vendors of the material category. Manage the evaluation of products, services, and vendors of the material category according to key business criteria. Review, evaluate and approve comparison prepared by Procurement Officers. Negotiate and finalize purchase order and contract terms of agreement and pricing ensuring security and safeguard to the Company. Ensure that the procurement activities / transactions are executed by the Procurement Officers comply with Company procurement policies, processes, and procedures. Review and approve Purchase Orders prepared by category Procurement Officers. Monitor and ensure compliance of the category targets / KPIs. Prepare periodic reports on total spend, including cost analyses and savings of the material category. Manage relationships with organizational network and external vendors. Monitor vendor performance and resolve issues and concerns. Initiate vendor performance evaluation on assigned vendor category on a regular basis. Periodically analyze the material category spend by value and volume based by material, frequency of purchase requests, etc. to improve process and service. Coordinate with other functions e.g. planning, logistics and business units to understand operational requirements and priorities. Ensure up to date information in the master log of all Purchase Orders created and released either manually or through the system. Assist in ongoing records and information review to determine the effectiveness of work processes and procedures and constantly find alternative ways to improve processes. Recommend information technology solutions, reporting tools, or ERP functionality enhancements to optimize tracking of shipments, reporting visibility, and improving business processes. Prepare reports as and when required by the management. Job Knowledge & Skills Proficiency in procurement processes, including sourcing, bidding, and contract negotiation, to effectively manage procurement activities. Strong technical knowledge and understanding of engineering principles to assess technical specifications and ensure alignment with project requirements. Excellent analytical abilities to evaluate supplier proposals, conduct cost analysis, and identify opportunities for cost savings. Negotiation skills to secure favorable terms, pricing, and delivery schedules with suppliers while maintaining quality standards. Communication and interpersonal skills to collaborate with cross-functional teams, vendors, and stakeholders and effectively convey technical requirements and project objectives. ERP knowledge preferably SAP functional skills are a requirement to be successful in this role. Job Experience

Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year(s) GCC is a plus

Competencies Agility AI Fluency Leadership Logistics Analysis L3 Material Forecasting L3 Material Supply Management L3 Quality Resilience Supply Chain Management L3 Vendor Management L3 Education

Bachelor's Degree in Business Administration #J-18808-Ljbffr