About the job Procurement Manager

Our client is a multi-award-winning Emirati brand that specializes in beauty and wellbeing. We are looking for a Procurement Manager \xef\xbb\xbfto join their team.

Key Responsibilities: * Strategic Procurement:

• Develop and execute procurement strategies to meet the organization\'s goals and objectives.
• Analyze market trends, supplier capabilities, and industry developments to identify opportunities for cost savings and process improvements.
• Establish and maintain relationships with key suppliers and vendors.
• Supplier Management:

• Evaluate and select suppliers based on criteria such as quality, price, delivery, and reliability.
• Negotiate contracts, terms, and conditions with suppliers to secure favourable terms for the organization.
• Monitor supplier performance.
• Cost Control:

• Optimize procurement processes to achieve cost savings while maintaining product or service quality.
• Manage budgets and expenses related to procurement activities.
• Implement cost-effective purchasing strategies, including bulk buying, negotiations, and supplier consolidation.
• Compliance and Regulations:

• Ensure compliance with all relevant laws, regulations, and company policies.
• Keep abreast of changes in regulations that may impact procurement activities.
• Team Leadership:

• Supervise, train, and develop a team of procurement professionals.
• Set performance goals and provide guidance and support to team members.
• Inventory Management:

• Manage inventory levels to minimize excess or obsolete inventory.
• Implement inventory control measures to optimize stock levels and reduce carrying costs.
• Reporting and Analysis:

• Prepare reports on procurement performance, cost savings.
• Analyze data and trends to make informed decisions and improvements in the procurement process.
• Set MINI-MAX per SKU

Qualifications:

• Bachelor\'s degree in supply chain management, business administration.
• Proven experience in procurement and supply chain management, with at least 5-7 years in a managerial role( preferable beauty industry )
• Strong negotiation skills and the ability to build and maintain supplier relationships.
• Knowledge of procurement software and systems.( SAP )
• Familiarity with relevant regulations and compliance requirements.
• Excellent communication, leadership, and problem-solving skills.

Nathan & Nathan