The Lead Procurement Engineer is responsible for the procurement or purchasing of technical goods and services of operation. Evaluates new and existing suppliers and negotiate purchase agreements with them. This position ensures that purchased goods and services are delivered in a timely manner.
Develop and implement procurement strategies to support organizational objectives, including cost reduction, quality improvement, and supplier diversification.
Lead procurement teams, providing guidance, direction, and mentorship to ensure effective execution of procurement activities.
Collaborate with internal stakeholders, including project managers, engineers, and department heads, to assess procurement needs and develop procurement plans.
Identify, evaluate, and select suppliers based on criteria such as quality, cost, delivery time, and technical capabilities.
Negotiate contracts, terms, and pricing agreements with suppliers to secure favorable terms and achieve cost savings.
Monitor supplier performance, conducting regular assessments and audits to ensure compliance with contract terms and quality standards.
Resolve issues and disputes with suppliers, addressing quality issues, delivery delays, and other concerns to mitigate risks and maintain project timelines.
Develop and maintain relationships with key suppliers, fostering collaboration and communication to support long-term partnerships.
Analyze market trends, conduct supplier research, and stay informed about industry developments to identify opportunities for process improvements and cost savings.
Maintain accurate procurement records and documentation, ensuring compliance with organizational policies, procedures, and regulatory requirements.
Thorough understanding of procurement processes, including sourcing, bidding, and contract negotiation, to effectively manage procurement activities.
Strong technical knowledge and expertise in engineering principles to evaluate technical specifications and ensure alignment with project requirements.
Excellent analytical abilities to assess supplier proposals, conduct cost analysis, and identify opportunities for cost savings.
Advanced negotiation skills to negotiate contracts, terms, and pricing agreements with suppliers, achieving favorable outcomes while maintaining quality standards.
Leadership and team management skills to lead procurement teams, provide guidance and mentorship, and foster collaboration and communication among team members.
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus