Procurement Officer

Job Scope:

The main role for this position is to ensure that applicable codes, standards, and procedures are followed and that quality of procured items meets or exceeds requirements.

Main Responsibilities:

·       Establish and manage ordering model for Saudi operation taking into account all factors such as (Lead time, Safety stock level, costing structure, optimal shipping incoterms, etc…) – 1-3 Month.

·       Manage communication with suppliers on sourcing, pricing, shipping, issues, returns. 1-3 Months.

·       Managing liquidation plan in coordination with sales team. (liquidation items are already established) – Short/Long Term.

·       Liquidation items SKUs to be labeled in the system along with proper description and pricing – 1-3 Months.

·       Create regular reporting to sales and management to track the liquidation plan performance - 1-3 Months.

·       Reducing those liquidation items value by XX% (Reduction plan to be set for those liquidation items in coordination with the management and sales team) – Long Term.

·       Increasing inventory turnover levels for items with lower than 3 times inventory turnover. (items to be identified at initial stage in coordination with management and sales team) – Long Term.

·       Minimize days out of stock for top movers to zero. 1-3 Months.

·       The integrity of description, pricing structure, costing of all items on the system to be maintained at optimal level. 1-3 Months.

·       Actual vs. Estimated Cost Factors of items buffer to be kept within 2%. Short/Long Term.

Qualifications & Skills:

·       Strong Communication and negotiation skills.

·       Solid knowledge and understanding of procurement processes, policy, and systems.

·       Solid analytical skills, with the ability to create financial reports and conduct cost analyses.

·       Ability to multitask, prioritize, and manage time efficiently.

·       Ability to work well with management and staff at all levels.

·       Good with numbers.

·       Attention to details.

·       Follow up skills.

·       Organizational skills.

·       Experience with shipping is preferred.

 

Minimum Requirements:

·       Degree in Industrial Engineering, Logistics, Business Management, Accounting, or similar field required.

·       2-4 years of experience as a Procurement Officer.

·       Proficiency in Microsoft Office especially Excel.

·       Proficiency in procurement software.

·       Fluency in Arabic and English.