Procurement Manager

Company Overview:

Alrashid Abetong is a leading construction company based in Riyadh, Saudi Arabia. With over 45 years of experience, we specialize in the design, production, and installation of precast concrete elements for various building and infrastructure projects. Our company is committed to delivering high-quality, sustainable, and cost-effective solutions to our clients.

Job Summary:

The Procurement Manager is responsible for overseeing all procurement activities within the company, ensuring that materials and services are sourced efficiently, cost-effectively, and in alignment with company objectives. The role includes strategic sourcing, vendor management, contract negotiation, and coordination with internal departments to meet operational demands.

Key Responsibilities:

• Manage the day-to-day procurement operations, ensuring efficiency and compliance with internal policies.
• Supervise and support procurement staff, ensuring individual performance targets are achieved.
• Continuously assess and negotiate with vendors to obtain the best possible pricing and value.
• Participate in internal meetings to stay aligned with the company's goals and strategic direction.
• Develop, lead, and implement procurement strategies that support business objectives.
• Monitor market conditions and forecast future demand for materials and services.
• Conduct supplier and product research to ensure optimal quality, value, and delivery terms.
• Negotiate and finalize contracts while monitoring vendor performance and service quality.
• Analyze price trends and assess their impact on procurement planning and budgeting.
• Train, guide, and evaluate the performance of the procurement team.
• Work closely with all departments to understand and fulfill material and service requirements.
• Conduct regular meetings with internal teams to address procurement-related issues and align on upcoming tasks.
• Identify, evaluate, and qualify new vendors to broaden the supplier network.
• Review and authorize all purchase orders prior to final management approval.
  

Qualifications and Experience:

• Bachelors degree in Supply Chain Management, Business Administration, or a related field.
• Minimum of 15 years of experience in procurement, including at least 10 years in a managerial role.
• Strong negotiation, communication, and decision-making skills.
• In-depth knowledge of procurement practices, supply chain processes, and vendor management.
• Proficiency in procurement software and Microsoft Office tools.
• Demonstrated leadership abilities and experience in managing a team.