Job SummaryThe Procurement Category Lead is responsible in the management of direct or indirect material category and will work closely with internal stakeholders to procure cost effective products and services as per company requirements.Job Responsibilities 1Manage assigned Category and develop and execute strategies especially on critical materials.Lead and manage Category teams.Manage suppliers ensuring they are prequalified by all stakeholders.Monitor and ensure inventory level of the materials does not go below the safety stock.Constantly monitor price trends and analyze market data on assigned material categories especially if it is related to commodities and advise management on strategic purchases.Review and approve requests for proposals/tenders/information ensuring it is aligned with business unit requirements and company policies.Manage the creation/selection of preferred/strategic vendors of the material category.Manage the evaluation of products, services, and vendors of the material category according to key business criteria.Review, evaluate and approve comparison prepared by Procurement Officers.Negotiate and finalize purchase order and contract terms of agreement and pricing ensuring security and safeguard to the company.Ensure that the procurement activities / transactions are executed by the Procurement Officers comply with company procurement policies, processes, and procedures.Job Responsibilities 2Review and approve Purchase Orders prepared by category Procurement Officers.Monitor and ensure compliance of the category targets / KPIs.Prepare periodic reports on total spend, including cost analyses and savings of the material category.Manage relationships with organizational network and external vendors.Monitor vendor performance and resolve issues and concerns.Initiate vendor performance evaluation on assigned vendor category on a regular basis.Periodically analyze the material category spend by value and volume based by material, frequency of purchase requests, etc. to improve process and service.Coordinate with other functions e.g. planning, logistics and business units to understand operational requirements and priorities.Additional Responsibilities 3Job Knowledge & SkillsKnowledge, understanding and experience in Procurement management.Knowledge, understanding and experience procurement policies, processes, and systems.Knowledge and understanding and experience in vendor sourcing and management.Knowledge and understanding in commodities market and market trend analysis.Knowledge and understanding in supply chain value chainKnowledge of inventory management, demand forecasting and logistics.Knowledge of logistics and warehousing management.Knowledge and understanding of ERP systems.Job ExperienceMinimum 8-10 years of total experience.Minimum 4-6 years in the industry.Minimum 1-3 years in the GCC.CompetenciesAccountabilityCollaborationCreates Strategy - DevelopingDevelops Future Leaders - DevelopingDrives Performance - DevelopingLeadershipLogistics Analysis L3Material Forecasting L3Material Supply Management L3QualityResilienceSupply Chain Management L3Vendor Management L3EducationBachelor's Degree in Business Administration
