DIMENSIONS HOSPITALITY Looking for Procurement Manger in Saudi Arabia, Riyadh Full Time

Job Description
The job description for procurement management in a hospitality company includes the following responsibilities:1. Procurement Strategy: Developing and implementing procurement strategies to ensure the efficient and cost-effective acquisition of goods and services required by the hospitality company. This involves analyzing market trends, identifying potential suppliers, and negotiating contracts.2. Supplier Management: Identifying, evaluating, and selecting suppliers that can provide quality products and services at competitive prices. Managing relationships with suppliers, monitoring their performance, and resolving any issues or disputes that may arise.3. Purchase Order Processing: Overseeing the issuance and processing of purchase orders, ensuring accuracy and adherence to company policies and procedures. Coordinating with various departments within the organization to understand their procurement needs and specifications.4. Contract Negotiation: Negotiating and finalizing contracts with suppliers, including terms and conditions, pricing, delivery schedules, and quality standards. Ensuring compliance with legal and regulatory requirements and mitigating any contractual risks.5. Cost Control and Budgeting: Monitoring and controlling procurement costs within budgetary limits. Conducting cost analysis and implementing cost-saving measures such as bulk purchasing, supplier consolidation, and contract renegotiation.6. Inventory Management: Managing inventory levels to optimize stock availability while minimizing excess or obsolete inventory. Coordinating with relevant departments to forecast demand, track inventory levels, and ensure timely replenishment.7. Quality Assurance: Establishing and implementing quality assurance processes to ensure that procured goods and services meet the companys standards and specifications. Conducting supplier audits and inspections as necessary.8. Risk Management: Identifying and mitigating procurement-related risks such as supply chain disruptions, price fluctuations, or supplier non-compliance. Developing contingency plans and alternative sourcing strategies to minimize potential disruptions.9. Data Analysis and Reporting: Collecting, analyzing, and reporting procurement data, including supplier performance, cost savings, and key performance indicators. Using data insights to identify areas for improvement and make informed procurement decisions.10. Compliance and Ethics: Ensuring compliance with relevant laws, regulations, and ethical standards in all procurement activities. Upholding ethical practices, such as fair competition, transparency, and avoiding conflicts of interest. 11. Team Leadership leading theprocurement team
Keyskills : Quality Assurance Contract Negotiation Supplier Management Inventory Management Team Leadership Risk Management