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Procurement Specialist

1.00 to 10.00 Years   Riyadh, Saudi Arabia   04 Jul, 2024
Confidential Company
1 Jobs Openings
Job LocationRiyadh, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryFood & Beverage Production
Functional AreaNot Mentioned

Job Description

Job Summary:The Procurement Specialist in our organization is responsible for sourcing, negotiating, and procuring food, beverages, and related supplies necessary for the operation of the business. This role requires an in-depth understanding of the F&B industry, supplier management, and effective cost management to ensure high-quality products are procured at competitive prices.Key Responsibilities:

  • Research and identify potential suppliers for various food and beverage categories, including fresh produce, packaged goods, beverages, and non-food items like packaging materials and cleaning supplies.
  • Evaluate suppliers based on their product quality, reliability, delivery timelines, and cost-effectiveness. Conduct site visits and audits to assess their facilities and processes.
  • Build and maintain strong relationships with key suppliers to ensure a stable supply chain and foster long-term partnerships.
  • Develop and maintain a list of alternative suppliers to mitigate risks associated with supply disruptions.
  • Negotiate favorable terms and conditions with suppliers, including pricing, payment terms, delivery schedules, and penalties for non-compliance.
  • Draft, review, and manage contracts with suppliers, ensuring all terms and conditions are clearly defined
  • Monitor supplier performance against contract terms, addressing any issues such as delays, quality problems, or non-compliance.
  • Regularly monitor inventory levels to ensure optimal stock levels, avoiding both shortages and overstock situations.
  • Place orders with suppliers based on inventory needs and production schedules. Ensure timely delivery to avoid production delays.
  • Conduct periodic inventory audits to verify stock levels and identify discrepancies. Implement corrective actions as necessary.
  • Develop and manage the procurement budget, ensuring alignment with the companys financial goals and objectives.
  • Analyze procurement costs and identify opportunities for cost savings. Implement cost reduction strategies while maintaining product quality.
  • Ensure all procured products meet the companys quality standards and specifications. Work with the quality assurance team to develop and enforce quality control procedures.
  • Coordinate product inspections and testing to verify compliance with quality standards. Address any quality issues with suppliers promptly.
  • Conduct regular audits of suppliers facilities and processes to ensure adherence to quality standards.
  • Ensure procurement activities comply with all regulations, and industry standards, including food safety and environmental regulations.

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