Procurement Executive Jobs In Dubai | Careers International
About the job
- Responsible for identifying potential vendors and conducting a thorough evaluation process to select the most suitable ones. This includes analysing their capabilities, financial stability, reputation, and alignment with your organizations goals.
- Contract Negotiation: You negotiate and finalise contracts with vendors, ensuring that the terms and conditions are favourable for your organization. This involves negotiating pricing, service level agreements (SLAs), delivery schedules, and other contractual terms.
- Vendor Performance Monitoring: Once contracts are in place, you monitor vendor performance to ensure they meet the agreed-upon SLAs and quality standards. You establish key performance indicators (KPIs) and conduct regular performance reviews to assess vendor performance objectively.
- Issue Resolution: In case of any issues or disputes with vendors, you act as a mediator and work towards resolving them on time. This may involve collaborating with various internal stakeholders, such as legal, finance, and operations, to find suitable solutions.
- Relationship Management: Building and maintaining strong relationships with vendors is crucial. You foster open lines of communication, conduct regular meetings, and address concerns to ensure a mutually beneficial partnership. Developing strategic partnerships can lead to better pricing, improved service, and increased value for your organization.
- Risk Management: Assessing and mitigating risks associated with vendor relationships is an essential part of your role. You identify potential risks, such as financial instability, security breaches, or non-compliance, and implement measures to mitigate those risks. This may involve conducting due diligence, periodic vendor audits, and maintaining contingency plans.
- Vendor Performance Improvement: You identify opportunities for improvement and collaborate with vendors to enhance their performance. This may include suggesting process optimizations, implementing quality control measures, or providing feedback for continuous improvement.
- Budget Management: You work closely with finance teams to establish and manage budgets related to vendor management. This includes tracking costs, ensuring spending aligns with approved budgets, and identifying cost-saving opportunities without compromising quality.
- Market Research: Staying informed about market trends, new technologies, and industry best practices is essential. You research and evaluate new vendors or products/services to ensure your organization remains competitive and receives the best value from its vendor relationships.
- Compliance and Legal Considerations: You ensure that all vendor relationships and activities comply with legal and regulatory requirements. This includes monitoring contract compliance, data protection, intellectual property rights, and other relevant legal considerations.
- All Operational & Electromechanical, SRN Fleet including Staff transportation Vehicles related to Procurement, Vendors sourcing, Helping Finance Negotiations, approvals, and close with respective departments. The Procurement professional must be able to interpret technical drawings, create detailed Requests for Proposals (RFPs), Manage supplier relationships and vendor development.
- Should know indirect sourcing
- Researching and evaluating suppliers and components, able to work closely with internal teams, and Coordination with Finance for negotiating pricing, delivery times, and payment terms with suppliers.
- Diploma in Electrical or B-tech Electrical above from manufacturing or parts sourcing experience
- Minimum 3- 5 years of work exp in sourcing, Vendor Management, and Vendor Development with spare part knowledge of consumables, mechanical, electrical, Vehicles Pneumatic/Hydraulics, and automation.
- Strong skills with Microsoft Excel and PowerPoint and ability to prepare presentations.
To apply for this job please visit www.linkedin.com.
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