https://bayt.page.link/g4ACTmLy72QqqyWC9
Full Time Employee · Min 2 Years of Experience
50-99 Employees · Food & Beverage Production

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Job Description

Description

Overview: As the Procurement & Contracts Lead, you will be responsible for overseeing the procurement process and managing contracts to support the organization's operational and strategic objectives. Your role involves developing procurement strategies, negotiating contracts, and managing vendor relationships to ensure cost-effective acquisition of goods and services while maintaining compliance with legal and regulatory requirements.


Key Responsibilities:


Procurement Strategy:

Develop and implement procurement strategies aligned with the organization's goals, budgetary constraints, and operational needs.

Conduct market research, supplier evaluations, and cost-benefit analyses to identify potential vendors and sourcing opportunities.

Collaborate with internal stakeholders, including department heads, to understand their procurement requirements and priorities.

Vendor Management:

  • Identify, evaluate, and select suppliers based on criteria such as quality, cost, reliability, and service level agreements (SLAs).
  • Establish and maintain relationships with key suppliers, negotiate contracts, and monitor vendor performance to ensure compliance with contractual terms and delivery schedules.
  • Resolve vendor disputes, address performance issues, and implement corrective actions to mitigate risks and optimize supplier performance.

Contract Management:

  • Draft, review, and negotiate contracts, purchase orders, and service agreements in collaboration with legal counsel and relevant stakeholders.
  • Ensure contract terms and conditions are clear, comprehensive, and compliant with legal and regulatory requirements.
  • Monitor contract performance, track deliverables, and enforce contract terms to mitigate risks, minimize liabilities, and maximize value for the organization.

Cost Control and Savings:

  • Analyze procurement spend, identify cost-saving opportunities, and implement cost reduction initiatives to optimize procurement processes and achieve budgetary goals.
  • Negotiate pricing, terms, and discounts with suppliers to secure favorable terms and achieve cost efficiencies without compromising quality or service levels.
  • Implement procurement best practices, standardize processes, and leverage economies of scale to drive down costs and improve procurement outcomes.
  • Compliance and Risk Management:
  • Ensure compliance with procurement policies, procedures, and regulatory requirements, including ethical standards, conflict of interest policies, and anti-corruption laws.


Performance Metrics and Reporting:

  • Develop key performance indicators (KPIs) and metrics to measure procurement performance, vendor performance, and contract effectiveness.
  • Prepare procurement reports, dashboards, and analytics to track procurement activities, monitor savings, and communicate performance metrics to senior management and stakeholders.
  • Conduct regular reviews and evaluations of procurement processes, contracts, and vendor performance to identify areas for improvement and implement continuous process enhancements.



Preferred Candidate

Years of Experience
Min: 2
Residence Location
Kuwait
Gender
Male
Degree
Bachelor's degree / higher diploma
Majd Food Company  logo
Majd Food Company

Our Story A happy coincidence that the establishment of "Majdi Center Company" was accompanied with the independence of the State of Kuwait in 1961, to be a part of the progress and growth movement (Majdi) witnessed by Kuwait over the years under the leadership of the royal family “Al-Sabah”, until that the Kuwait renaissance became a model for many near and far countries seeking to follow and imitate it. This would not have been achieved without building Kuwait cultural renaissance features on a solid ground, a clear vision and defined objectives. And in loyalty for the Kuwaiti people in which I had found all the meanings of loyalty and brotherhood, we were keen to do our best at that stage of life to express our love and loyalty by providing satisfactory products, and so we started working on our modest in size project but big in dreams and ambition, which is the project of grinding and packaging spices, grains and herbs characterized by high quality to be within the reach and trust of everyone. All this make the challenges faced when setting up "Majdi Center company", beyond the challenges faced by anyone at the start of any project, but the challenge was to keep pace with the cultural renaissance of Kuwait, like many companies and projects that have been established at that stage to provide the Kuwaiti people with all their daily needs in various areas and fields. Majdi Food Company is ISO 22000:2005 and ISO 9001:2008 certified

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