Procurement Specialist

Department: Procurement

Position: Procurement Specialist

Location: Karachi

Qualification

Minimum bachelors degree in Engineer, Business, Economics or Law. Masters degree in business administration (MBA) or a related field is preferred

Experience

7+ years of experience in procurement, with at least 3 years in a leadership role, providing support to operations in comparable environment (mining or industrial sector).

Requirements

• Proven track record of developing and implementing procurement strategies, leading teams, and driving process improvements.
• Expertise in procurement software such as SAP Ariba, Coupa, or similar systems.
• Strong analytical and data management skills, with the ability to interpret data, identify trends, and develop insights.
• Exceptional leadership and communication skills, with the ability to inspire and motivate teams.
• Strategic thinking and planning abilities, with a focus on continuous improvement.
• Strong negotiation, problem-solving, and decision-making skills.
• Ability to manage multiple projects and priorities effectively in a fast-paced environment.
• Deep understanding of procurement best practices, contract law, and ethical sourcing principles.

Responsibilities

• Develop and implement procurement strategies aligned with the overall business objectives of the Company.
• Oversee the entire procurement cycle, from requisition to payment, ensuring compliance with company policies and procedures.
• Lead and manage a team of buyers, providing guidance, mentorship, and performance feedback.
• Develop and monitor key performance indicators (KPIs) to track procurement effectiveness and identify areas for improvement.
• Oversee the sourcing process for all categories of goods and services, ensuring best value and timely delivery.
• Collaborate with stakeholders to define requirements, develop sourcing strategies, and conduct spend analysis.
• Negotiate complex contracts and manage vendor relationships at a strategic level.
• Stay informed about market trends, industry best practices, and emerging technologies in procurement.
• Lead initiatives to streamline and automate procurement processes, leveraging technology solutions and data analytics.
• Develop and implement procurement policies and procedures, ensuring compliance with industry best practices and regulatory requirements.
• Identify and implement cost-saving opportunities, driving continuous improvement in procurement efficiency.
• Build a high-performing procurement team through effective training, and development initiatives.
• Foster a collaborative and supportive team environment, encouraging knowledge sharing and continuous learning.
• Communicate effectively with internal stakeholders, providing updates on procurement activities and resolving issues promptly.