Majid Al Futtaim Hiring for Procurement Manager Job at Dubai Full Time

Job Purpose:

• Developing new strategies to reduce costs and improve service and quality.
• To ensure that the quality of goods received is as per requirement and that purchases are done at the best price.
• To ensure all purchases are within annual budget.

Job Details – Key Responsibilities and Accountabilities:

• Manage and facilitate all facets of supply management activities between division business units and their suppliers.
• Implement sourcing strategies to support corporate and divisional objectives, providing the company competitive advantage in the areas of materials, supplies, and services.
• Locate, analyze, and develop a consolidated supplier base to meet current and future needs.
• Create and maintain mutually beneficial long-term partnerships with suppliers to foster feedback and continuous improvement.
• Negotiate and manage all contracts and agreements for assigned purchases.
• Manage suppliers, cost, quality, and delivery performance.
• Understand, track, and forecast the key cost drivers and market factors for assigned purchases.
• Implement appropriate sourcing strategies to control the company’s purchased material costs and to assure an adequate source of supply.
• Develop cross-functional teams to understand company-wide needs and evaluate suppliers.
• Drive continuous improvement in all aspects of the procurement process.
• Developing strategies for assigned procurement area to include spend analysis, market and geographic considerations, strategic importance, etc.
• Managing and optimizing supplier performance, including continuous improvement, innovations, obsolescence and reduction in total cost of ownership.
• Maintains and promotes sound relationships with suppliers and the business community.
• Work with operations to determine and support procurement requirements,
• Monitor and drive adherence to processes, policies, global standards and standard operating procedures.
• To ensure that everyone who requisitions goods and services understands and adheres to the policy and only uses approved suppliers.
• Meets with requestors to ensure full understanding of the need and that the proposed purchase will satisfy the need of the requestor. Create new and update existing bid specifications.
• Maintains purchasing records for each assigned budget object code.
• Assists in developing budget requests and justification.
• Maintains supplier catalogs for review by users in making or suggesting kind or type of item needed.
• Makes recommendations for developing or revising internal procurement procedures.
• Establishing and maintaining blanket purchase orders
• Maintaining a database of vendors
• Prepares and processes purchase orders.
• Reviews invoices regarding items purchased.
• Maintains and monitors purchasing records and reports.
• Assists in the preparation of annual capex budget.
• To obtain quotes for all F&B purchases and ensure that all company policies and procedures are followed with regard to approval of the purchases.
• To negotiate contracts with sub-contractors for labor, services, etc.
• To negotiate annual / quarterly contracts for suppliers of various materials.
• To plan and select suppliers taking into account various factors such as corporate policy, quality approval, level of service and pricing to meet statutory, legal and internal requirements.
• To implement procedures to reduce cost/ expenditure.
• Locates sources of supplies for regular and emergency purchases in the shortest possible times span while adhering to procurement policies.
• To conduct regular surveys in order to evaluate the price and quality fluctuations in the market
• To be fully accountable for the quality of all items purchased.
• To collect sample and quotations from the local market.
• Plan ordering of stock items according to the established minimum/ maximum and reorder levels in liaison stores
• To organize smooth delivery of items.
• To ensure that all deliveries are monitored particularly for F&B items. eg. Perishable items & Frozen & Canned.
• To forward closing information to Accounting and Management monthly.
• To strictly adhere to the Company’s Policy on Confidentiality and Ethics.
• Carry out ad hoc projects to support Financial Director and Head of Inventory.

Measure of Success – Illustrative KPIs:

• COGS Reduction %
• Wastage Reduction %
• Pricing Efficiency and Cost optimization
• Country analysis and support

Other Context (if applicable):

• N/A

Personal Characteristics and Required Background:

Skillset (job specific technical skills and behavioral competencies needed)

• Knowledge of purchasing in GCC.
• Excellent interpersonal and verbal/written communication skills.
• Ability to make decisions in accordance with responsibilities.
• The incumbent works with a high degree of independence in performing his duties.
• Required to be a computer literate.
• Must also function well in a team environment and have the ability to work well under pressure, work independently, learn regulations and procedures.
• A strategic thinker, with commercial acumen to understand business needs and identify opportunities to support them through procurement.
• Able to turn strategies into tactical plans and produce accurate and detailed reports and work.

Minimum experience

• 5 years professional experience in purchasing or Finance (in a purchasing department).

Minimum Qualifications/education

• Accounting / Commerce / Catering Graduate.