Purchase Officer

Confidential Company

Posted 30+ days ago

Experience

4 - 9 Years

Monthly Salary

AED 5,000 - 7,000 ($1,351 - $1,891)

Education

Bachelor of Commerce, Bachelor of Business Administration

Nationality

Any Nationality

Gender

Any

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Negotiate and finalize contracts with suppliers to secure the best pricing and terms while ensuring quality standards are met.
  • Conduct market research and analysis to identify potential suppliers and evaluate their capabilities and reliability.
  • Manage the procurement process from requisition to delivery, ensuring timely and cost-effective acquisition of goods and services.
  • Develop and maintain strong relationships with key suppliers to foster collaboration and enhance supply chain efficiency.
  • Monitor inventory levels and forecast demand to prevent overstocking or stockouts, optimizing inventory turnover.
  • Implement and enforce procurement policies and procedures to ensure compliance with company standards and regulations.
  • Analyze purchase orders and contracts to identify cost-saving opportunities and recommend improvements to purchasing strategies.
  • Collaborate with internal departments, such as finance and logistics, to align procurement activities with overall business objectives.
  • Prepare and present reports on purchasing activity, supplier performance, and market trends to senior management.
  • Stay updated with industry trends and innovations to continuously improve procurement processes and practices.

Desired Candidate Profile

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field is required.
  • At least 3-5 years of experience in purchasing or procurement within a relevant industry.
  • Experience in negotiating contracts and managing supplier relationships with a proven track record of achieving cost reductions.
  • Proficiency in procurement software and tools, as well as strong Microsoft Excel skills for data analysis.
  • Bilingual proficiency in English and another language is preferred to communicate with international suppliers.
  • Strong analytical skills to assess supplier proposals and make data-driven purchasing decisions.
  • Excellent communication and interpersonal skills to effectively collaborate with cross-functional teams.
  • Demonstrated ability to work under pressure and manage multiple priorities in a fast-paced environment.
  • A proactive and detail-oriented approach with strong problem-solving skills to address procurement challenges.

Employment Type

    Full Time

Company Industry

Department / Functional Area

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Confidential Company

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