Job title: Executive – Procurement & Contracts
Company: Innovations Group
Job description: Responsibilities:Develop and maintain strong relationships with external vendors to ensure smooth procurement processes.Proactively communicate with vendors to address any issues or concerns and foster collaboration.Evaluate vendor performance regularly and implement strategies to enhance partnerships.Assist the Manager Vendor Relations and Senior Management in negotiating contracts by providing comprehensive data and spend analysis.Collaborate with legal and procurement teams to ensure contract terms align with organizational objectives and standards.Monitor contract compliance and resolve any discrepancies in collaboration with relevant stakeholders.Oversee the timely prequalification and onboarding process for new vendors in accordance with organizational policies and procedures.Conduct due diligence assessments to ensure vendor compliance with regulatory requirements and quality standards.Coordinate with internal departments to streamline the vendor onboarding process and facilitate smooth integration. Requirement:Bachelor’s degree in Business Administration, Supply Chain Management, Procurement, Finance, or a related field. CIPS certification would be preferred.5+ years in procurement or vendor management roles, with a focus on building and maintaining vendor relationships.Track record of supporting contract negotiations and conducting data analysis to drive strategic decisions.Experience in vendor prequalification, onboarding, and performance management within a fast-paced industry context.Strong interpersonal and communication skills to effectively liaise with external vendors and internal stakeholders.Proficiency in contract negotiation, with the ability to analyze data and present insights to support decision-making.Knowledge of procurement processes, supply chain management principles, and relevant industry regulations.Ability to utilize vendor management systems and analytical tools for data analysis and reporting.Problem-solving skills to identify inefficiencies in vendor management processes and propose solutions for optimization.Financial awareness, local market awarenessUse of an online ERP System
Expected salary: 16000 – 18000 per month
Location: Dubai
Job date: Thu, 08 Aug 2024 04:30:30 GMT
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Executive – Procurement & Contracts
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