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Procurement Executive

1.00 to 10.00 Years   Dubai, United Arab Emirates   18 Jul, 2022
Job LocationDubai, United Arab Emirates
EducationNot Mentioned
Salary$2,000 - $3,000
IndustryManufacturing
Functional AreaNot Mentioned

Job Description

Develop, lead and execute purchasing strategies.Track and report key functional metrics to reduce expenses and improve effectiveness.Craft negotiation strategies and close deals with optimal terms.Partner with stakeholders to ensure clear requirements documentation.Forecast price and market trends to identify changes of balance in buyer-supplier power.Assess, manage and mitigate risks.Seek and partner with reliable vendors and suppliersDetermine quantity and timing of deliveriesMonitor and forecast upcoming levels of demandNegotiate prices and contracts with suppliers.Select prospective vendors and negotiates contracts.Evaluate vendors based on quality, timeliness, and price.Schedule deliveries and ensures timely fulfillment of orders.Research and evaluate vendors to compare pricing and services.Manage supplier relations and negotiating contracts, prices, timelines, etc.Maintain the supplier database, purchase records, and related documentation.Coordinate with inventory control to determine and manage inventory needs.Ensure all procured items meet the required quality standards and specifications. Addresses problems when they arisePrepare cost estimates and managing budgets.Working to improve purchasing systems and processes.

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