Key Responsibilities:

• Develop and maintain relationships with key suppliers and vendors to ensure timely delivery of materials and services.
• Evaluate and select suppliers based on quality, price, and reliability.
• Monitor supplier performance and address any issues related to quality, delivery, or pricing.
• Collaborate with internal stakeholders to understand procurement needs and develop strategies to meet those needs effectively.
• Analyze market trends and supplier capabilities to forecast procurement requirements and identify opportunities for cost savings.
• Lead negotiations with suppliers to secure favorable terms and conditions, including pricing, delivery schedules, and payment terms.
• Draft, review, and manage procurement contracts and agreements to ensure compliance with legal and regulatory requirements.
• Process purchase orders and ensure that all procurement activities are documented and tracked accurately.
• Monitor order fulfillment and resolve any issues related to discrepancies or delays.
• Ensure compliance with company policies, industry standards, and regulatory requirements in all procurement activities.
• Identify and mitigate risks associated with the procurement process, including supplier risks and market volatility.
• Analyze procurement data to identify cost-saving opportunities and implement strategies to optimize spending.
• Monitor budgetary constraints and ensure procurement activities remain within budget.
• Maintain accurate records of procurement activities, including supplier information, contracts, and purchase orders.
• Prepare and present procurement reports to management, highlighting key metrics and performance indicators.

Requirements:

• Bachelors degree in Business Administration, Supply Chain Management, Engineering, or a related field. Professional certification (e.g., CIPS, PMP) is a plus.
• Minimum of 2 years of procurement experience in the oil and gas industry, with a proven track record in managing complex procurement projects and supplier relationships.
• In-depth understanding of procurement processes, contract law, and industry regulations specific to the oil and gas sector.
• Strong negotiation, analytical, and problem-solving skills. Proficiency in procurement software and Microsoft Office Suite.
• Excellent communication and interpersonal skills. Ability to work independently and as part of a team. Strong organizational skills and attention to detail.

Job Type: Full-timePay: From AED4,000.00 per month This job has been sourced from an external job board.
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