Procurement Specialist

Elsewedy Electric -
New Cairo, Cairo

Elsewedy Electric -
New Cairo, Cairoposted 2 hours ago

13Applicants for1 open position

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A must be comfortable interacting with suppliers to secure the lowest cost and best deal possible for their company.
Building and maintaining relationships is key to supplier management. should ensure a high level of respect and trust between their company and their suppliers.
Must be able to analyze data and market trends to find potential cost savings, process optimization opportunities, and possible risk areas.
Help the C-suite make more informed decisions. To do so, however, they must know how to effectively communicate the needs of the business and navigate difficult conversations regarding budget.
Take action to protect the business and its finances while meeting stakeholders’ expectations When a disruptive event occurs (internally or externally).
Pinpoint the best mix of products and services that will effectively support the business’s success.
Handle cost management, forecasting, data analysis, and report building to make informed, cost-effective procurement decisions and better comply with various regulations.
Ensure robust, risk-free procurement processes by reviewing documentation and managing contracts to identify any errors — as well as create in-depth documentation and perform data analysis.

The ability to negotiate contracts, terms, and pricing effectively is crucial.
Bachelor's degree in a relevant filed.
2:5 years experience in procurement preferably to have a relevant experience in facility management field.
Strong verbal and written communication skills are necessary for liaising with vendors, team members, and stakeholders.
strong analytical skills to assess market intelligence, commodity trends, and make cost-effective purchasing decisions.
Proficiency with procurement software (like SAP or Oracle) and general office suites (like Microsoft Office) is expected.
Experience managing supplier relationships and ensuring vendor compliance is a key requirement.
The ability to manage multiple priorities and meet tight deadlines is essential for success.
The ability to identify and evaluate potential suppliers to develop effective sourcing strategies.
Researching and analyzing market trends, competitor activities, and cost drivers to inform sourcing decisions.
Identifying, assessing, and mitigating potential risks in the procurement process, such as supplier issues or market volatility.
Utilizing data to evaluate supplier performance, track costs, and make informed decisions to optimize processes.
Understanding financial concepts like budgeting, cost savings, and return on investment to manage procurement expenditures effectively.