Our client is a leading organization in the retail industry, looking to recruit a Procurement Manager to oversee and optimize the procurement process, ensuring the efficient and cost-effective acquisition of goods and services. This role will involve developing procurement strategies, managing supplier relationships, negotiating contracts, and ensuring compliance with purchasing policies and procedures.

Key Responsibilities:

Procurement Strategy:
- Develop and implement procurement strategies aligned with organizational goals.
- Analyze market trends, evaluate supplier capabilities, and identify cost-saving opportunities.
Supplier Management:
- Identify, evaluate, and select suppliers based on quality, cost, reliability, and delivery performance.
- Maintain strong supplier relationships and conduct regular performance evaluations.
Purchase Planning & Execution:
- Collaborate with internal teams to determine procurement needs and create accurate purchase forecasts.
- Manage procurement schedules to ensure timely delivery of goods and services.
- Issue purchase orders, track order progress, and update pricing in the system.
Compliance & Risk Management:
- Ensure procurement activities comply with relevant laws, regulations, and internal policies.
- Conduct supplier due diligence to assess financial stability, ethical practices, and compliance with industry standards.
Process Improvement:
- Identify opportunities for process improvement to streamline procurement operations.
- Leverage technology to enhance efficiency and data accuracy.
Collaboration Across Departments:
- Work closely with internal departments to accurately determine procurement needs and ensure smooth operations.
Performance Monitoring:
- Establish metrics to evaluate supplier performance and procurement efficiency.
- Continuously monitor and report procurement activities to ensure strategic alignment.

Key Performance Indicators (KPIs):

Procurement Strategy Alignment: 100% alignment with organizational goals.
Supplier Performance Rating: Maintain an average rating of 85% or higher based on quality, cost, reliability, and delivery.
Cost Savings Achieved: Achieve a specific cost savings percentage (e.g., 10%) year-over-year.
On-Time Delivery Rate: 95% or higher on-time delivery rate.
Forecast Accuracy: 90% or higher accuracy in purchase forecasts.
Compliance Rate: 100% compliance with relevant laws, regulations, and policies.
Supplier Due Diligence Completion Rate: 100% completion of due diligence for new suppliers.
Process Improvement Initiatives: Implement 3-5 successful initiatives per year.
Cycle Time for Purchase Orders: Reduction in cycle time by a specified percentage each year.
Inventory Turnover Ratio: Maintain an inventory turnover ratio within target range (e.g., 6-8 times per year).
Stakeholder Satisfaction Score: Achieve an 80% or higher satisfaction rating from internal stakeholders.
Technology Utilization Rate: Increase the percentage of procurement processes integrated with technology solutions.

Qualification & Requirements:

Proven experience in procurement, purchasing, or supply chain management.
Strong negotiation and supplier management skills.
Excellent analytical, communication, and interpersonal abilities.
Knowledge of relevant laws, regulations, and compliance standards.
Ability to drive cost-saving initiatives and process improvements.
Strong understanding of procurement technologies and data analysis.
Fluent in English; proficiency in Arabic is a plus.