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Job Description
- Strategic Sourcing and Procurement Planning:
- Develop and implement purchasing strategies aligned with the organization's overall objectives and budgetary requirements for their assigned section.
- Identify and evaluate potential suppliers based on quality, cost, reliability, and sustainability criteria.
- Forecast procurement needs and develop sourcing plans to ensure timely availability of goods and services.
- Stay abreast of market trends, pricing fluctuations, and new suppliers.
- Supplier Relationship Management:
- Build and maintain strong, collaborative relationships with key suppliers.
- Negotiate contracts, pricing, and terms of agreement with suppliers to achieve favorable outcomes.
- Monitor supplier performance and address any issues or discrepancies.
- Conduct regular supplier evaluations and performance reviews.
- Procurement Operations:
- Oversee the entire purchasing process, from requisition to order placement and delivery.
- Ensure compliance with purchasing policies and procedures.
- Manage purchase orders, contracts, and related documentation accurately.
- Resolve any issues related to procurement, such as quality problems or delivery delays.
- Utilize and maintain procurement systems and tools effectively.
- Cost Management and Savings:
- Identify and implement cost-saving opportunities through strategic sourcing, negotiation, and process improvements.
- Track and report on purchasing costs and savings initiatives.
- Analyze spending patterns and identify areas for optimization.
- Team Leadership and Development:
- Lead, mentor, and develop a team of purchasing professionals within their section.
- Set clear objectives, provide guidance, and conduct performance evaluations for team members.
- Foster a collaborative and high-performing team environment.
- Compliance and Risk Management:
- Ensure all purchasing activities comply with relevant laws, regulations, and ethical standards.
- Identify and mitigate potential risks in the procurement process.
- Reporting and Analysis:
- Prepare and present regular reports on purchasing activities, performance metrics, and market trends to management.
- Analyze procurement data to identify areas for improvement and strategic decision-making.
Job Requirements
- Bachelor's degree in Business Administration, Supply Chain Management, Procurement, Engineering, or a related field.
- Professional certifications in purchasing (e.g., CPSM, CIPS) are a strong advantage.
- Minimum of 5:10 years of progressive experience in procurement, with at least 2-3 years in a supervisory or team lead role.
- Proven experience in strategic sourcing, negotiation, and supplier relationship management.
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