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Group Purchasing Manager at Legend Holding Group
Dubai, United Arab Emirates
Job Descrption
The Group Purchasing Manager is responsible for overseeing the procurement strategy across all business units within the organization. This role involves managing purchasing activities, establishing vendor relationships, negotiating contracts, and ensuring the efficient and cost-effective acquisition of materials, goods, and services. The Group Purchasing Manager will work closely with department heads, suppliers, and stakeholders to meet the company's strategic goals, manage budgets, and ensure compliance with procurement policies.
Key Responsibilities:
• Procurement Strategy:
• Develop and implement a comprehensive procurement strategy across all business units to ensure alignment with the company’s objectives.
• Continuously review the purchasing processes and introduce improvements to optimize efficiency and reduce costs.
• Vendor Management:
• Identify, evaluate, and select vendors based on quality, pricing, reliability, and service.
• Establish and maintain strong... relationships with suppliers and negotiate favorable terms, conditions, and contracts.
• Conduct regular vendor performance reviews and ensure adherence to company standards.
• Contract Negotiation and Compliance:
• Negotiate contracts and agreements with suppliers, ensuring that terms meet the company’s budgetary and operational requirements.
• Ensure compliance with relevant laws, regulations, and company policies in all purchasing activities.
• Develop and manage service level agreements (SLAs) with suppliers.
• Cost Management:
• Monitor purchasing budgets and ensure that spending is within approved limits.
• Identify opportunities for cost savings and implement measures to reduce procurement costs without compromising quality.
• Inventory and Supply Chain Management:
• Oversee inventory management practices, ensuring optimal stock levels are maintained.
• Collaborate with the logistics and operations teams to streamline the supply chain process.
• Mitigate supply chain risks and manage disruptions to minimize impact on business operations.
• Team Management:
• Lead, mentor, and develop the procurement team, fostering a culture of continuous improvement.
• Ensure the team is equipped with the necessary skills and tools to execute the procurement strategy effectively.
• Set and monitor team KPIs and performance goals.
• Reporting and Analysis:
• Analyze market trends, supplier performance, and pricing to make informed purchasing decisions.
• Prepare and present regular procurement reports to senior management, highlighting key performance metrics, risks, and cost-saving initiatives.
• Monitor industry developments and adjust strategies accordingly.
• Cross-functional Collaboration:
• Work closely with department heads and business unit leaders to understand their purchasing needs and provide tailored procurement solutions.
• Collaborate with finance, operations, and legal teams to ensure smooth procurement processes and adherence to financial controls.
Qualifications and Skills:
• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. A Master’s degree or certification (e.g., CIPS, CPM) is a plus.
• Proven experience in a senior purchasing or procurement role, preferably in a group or multinational setting.
• Strong negotiation, analytical, and decision-making skills.
• Excellent knowledge of procurement processes, supplier management, and contract law.
• Ability to manage multiple projects and prioritize tasks effectively.
• Strong leadership skills with the ability to lead and motivate a team.
• Excellent communication and interpersonal skills.
• Proficient in using procurement software and MS Office (Excel, Word, PowerPoint).
Job Type: Full-time
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