Purchasing Executive

Hadya Group

Job Purpose:

To lead and manage the procurement process by sourcing high-quality materials, negotiating favorable contracts, and maintaining strong supplier relationships. The role ensures cost-effective purchasing while upholding quality, compliance, and efficiency to support business operations and strategic goals

Key Accountabilities:

• Develop and implement sourcing strategies to optimize cost, quality, and efficiency.
• Identify, evaluate, and onboard high-value suppliers to ensure a competitive edge.
• Establish long-term partnerships with key suppliers for business sustainability.
• Conduct high-level supplier visits and audits to assess capabilities and compliance.
• Lead high-stakes negotiations to secure the best terms, pricing, and conditions.
• Collaborate with legal teams to review, finalize, and enforce supplier contracts.
• Implement strategic supplier agreements to ensure business continuity and cost savings.
• Oversee end-to-end procurement operations, ensuring efficiency and cost-effectiveness.
• Develop procurement strategies aligned with organizational goals.
• Ensure seamless integration of procurement activities with supply chain and production.
• Drive cost reduction initiatives without compromising quality and service.
• Analyze pricing trends, forecast procurement costs, and develop risk mitigation strategies.
• Optimize budgets and expenditures to maximize profitability.
• Assess and mitigate risks associated with procurement, suppliers, and supply chain disruptions.
• Ensure adherence to company policies, industry regulations, and ethical procurement standards.
• Develop contingency plans for critical supplier failures or market volatility.
• Stay ahead of industry trends, emerging technologies, and market fluctuations.
• Identify opportunities for process improvements and innovation in procurement.
• Implement digital transformation strategies for procurement efficiency.
• Lead, mentor, and develop a high-performing procurement team.
• Foster a culture of continuous improvement, collaboration, and accountability.
• Drive cross-functional coordination between procurement, finance, and operations teams.
• Establish key performance indicators (KPIs) to measure procurement success.
• Provide executive-level reports on procurement strategies, cost savings, and supplier performance.
• Develop dashboards for real-time tracking of procurement activities.
• Sourcing and Supplier Visits:
• Identify and evaluate potential suppliers for required materials.
• Conduct regular visits to suppliers and shops to assess product quality, negotiate terms, and build
  strong relationships.
• Contract Negotiation:
• Lead negotiations with suppliers to secure favorable terms and conditions.
• Collaborate with legal and stakeholders to review and finalize contracts.
• Material Procurement:
• independently manage the procurement process from sourcing to delivery.
• Ensure timely and cost-effective acquisition of materials.
• Vendor Relationship Management:
• Maintain positive relationships with key suppliers.
• Resolve issues or disputes with suppliers in a timely and effective manner.
• Market Research:
• Stay informed about market trends, pricing, and product availability.
• Conduct regular market research to identify potential cost savings and quality improvements.
• Cost Optimization:
• Identify cost-saving opportunities without compromising quality.
• Analyze pricing trends and negotiate effectively to optimize procurement decisions.
• Risk Management:
• Assess and mitigate risks associated with the procurement process.
• Develop contingency plans to address potential disruptions.
• Policy Adherence:
• Ensure compliance with procurement policies, industry regulations, and ethical standards.
• Stay informed about changes in procurement regulations and best practices.
• Documentation and Reporting:
• Maintain accurate records of procurement transactions, contracts, and agreements.
• Prepare regular reports on procurement activities and performance.