Specialist - Procurement

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Date: 15 Nov 2024

Location: Abu Dhabi, AE

Company: EDGE Group PJSC

About EDGE

EDGE is an advanced technology group established to develop disruptive solutions for defense and beyond. Solving real world challenges, it is dedicated to bringing innovative technologies and services to market with greater speed and efficiency. Our people are at the core of our business, inspiring us to imagine a new world of endless possibilities. Leveraging advanced technologies such as autonomous capabilities, cyber-physical systems and directed energy to artificial intelligence, we recognize that changing the fundamentals of the defense industry will take real collaboration and creativity.

This is why we want you to be a part of our initiative Advanced Concepts. Join us today to enable a secure future.

Top Technical Requirements

• Support Procurement Management in planning and sourcing decisions by conducting thorough assessment and analysis of business needs, supply markets, and commercial risks.
• Provide effective support and advice to various stakeholders in identifying and determining their procurement requirements.
• Prepare comprehensive procurement plans, establish cost parameters, and develop budgets to procure high-quality and cost-efficient supplies to meet organizational needs.
• Undertake complex analysis and price comparisons of multiple quotes/bids to source, evaluate, and select the most valuable supplies and suppliers.
• Lead the formulation, negotiation, and award of procurement contracts, ensuring effective contract management, timely reviews, and renewals.
• Cultivate and maintain strong partnerships with suppliers to optimize cost reduction opportunities and enhance service efficiency.
• Monitor supplier performance to ensure contract deliverables are met according to expected quality and standards, while regularly updating the supplier database.
• Verify and authorize supplier invoices in a timely manner, ensuring accurate data preparation and collation of support documentation for cost recharge purposes.
• Implement and manage SAP system to maintain high-quality and accurate records of purchases, shipments, inventory, and supply of goods.
• Manage inventories to ensure efficient flow of supplies and minimize stock shortages or excesses.
• Prepare and submit weekly/monthly procurement status reports to key stakeholders, highlighting progress and challenges.
• Allocate purchase requisitions to Procurement Officers and supervise their performance to ensure timely and effective procurement processes.
• Identify and implement process improvement opportunities to enhance value and reduce costs in the procurement process.
• Act with Integrity - Knowledge of sourcing and procurement techniques to ensure ethical and transparent practices are followed in all procurement activities.
• Planning and Organizing - Utilize knowledge of procurement ERP systems (SAP) to effectively plan, organize, and execute procurement processes and activities.
• Stakeholder Focus - Utilize negotiation skills to effectively engage with stakeholders and ensure their needs and requirements are considered in procurement decisions.
• Building and Managing Relations - Demonstrate commercial awareness to build and maintain strong relationships with suppliers, fostering partnerships that drive value and innovation.
• Analytical Skills - Apply analytical skills to evaluate procurement data, market trends, and supplier performance, enabling informed decision-making and continuous improvement in procurement processes.
  
  

Knowledge/Qualification & Experience

• Minimum 8 years of experience in procurement, sourcing, or supply chain management, with demonstrated expertise in contract negotiation and supplier management..
• Minimum Bachelor’s degree in business administration / Finance & Accounts / Supply Chain Management / Procurement and Logistics.
• Preferred: Professional CIPS (Chartered Institute of Procurement and Supply) qualification or equivalent
• Familiarity with procurement ERP systems such as SAP.
• Knowledge of supply chain and logistics process.
• Proficiency in sourcing and procurement strategies and techniques.
  
  

Job Segment: ERP, SAP, Database, Technology

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