Purchase Manager
AL SADEK INDUSTRIAL & TRADING LLC
Total years of experience :11 years, 10 Months
• Ensure the uninterrupted provision of raw materials.
• Work closely with the Field Sales Team and Sales Leadership to provide direct material cost input and programs.
• Manage costs to provide year over year net savings.
• Identify purchase price variances and communicate these variances to peers and senior leadership. Maintain accurate material costs. Monitor inventory levels and supplier consignment programs to ensure cash flow goals are achieved.
• Meet Monthly reporting and metric requirements and provide further enhancement for improved analysis.
• Focus on continual improvement and streamlining of processes, and, ensure the qualification of alternate sources.
• Guide the selection of indirect material and contracted services providers.
• Proactively communicate with top level leadership.
• Manage all direct material spending and supply.
• Prepare daily, weekly and monthly procurement reports.
• Communicate with vendors to ensure that the product arrives in a timely fashion.
• Build and maintain long-term relationships with critical suppliers.
• Co-ordinate complete procurement cycle of materials and services from Planning, Sourcing, Purchasing, Logistics and Vendor payment until final execution of Project (Both Local & International Purchase).
• Monitoring procurement activities with respect to Cost, Resource Deployment, Time over-runs & Quality Compliance to ensure timely execution of Projects.
• Identify and Pre-qualify the vendors. Ensure supplier evaluation is done on regular intervals.
• Floating the RFQ/RFI to multiple selected vendors. Create and share online bid submission folders to Bidders.
• Preparing a techno-commercial comparison statement & negotiating with vendors for better pricing, delivery terms and finalization of purchase.
• Placing order and liaison with the vendors for acknowledgement of purchase orders and completion of contractual terms of condition. Handling Import Purchases and Freight Forwarder Finalization.
• Expediting vendors to ensure timely delivery. Follow up with store and execution engineers for inspection of received materials from the suppliers and its approval; record the same.
• Coordinate with accounts for the financial closure of the purchase.
• Actively participate in supplier performance reviews. Contact suppliers to resolve price, quality, delivery, and invoice issues.
• Ensure that all invoices are sent to accounts for payment with proper supporting Project management experience.
• Conducting research on potential products, vendors, and services, and comparing price and quality to ensure the best deal.
• Meeting with vendors and clients to negotiate the best contracts.
• Liaising with delivery and warehouse teams to ensure goods are received on time.
• Monitoring inventory and writing orders to refill stock.
• Attending events, shows, and exhibitions to network with vendors and view new products.
• Inspecting purchased products upon delivery and reporting any issues timely.
• Updating all records of purchased products.
• Writing reports on purchases made and performing cost analyses.
• Attending and contributing to meetings with staff and other stakeholders.
• Ensure that all materials purchased are of appropriate quality and price and are timely delivered.
• Generate all required procurement documentation and maintain records and files in an impeccable manner.
• Prepare payment requests and collect all needed documents to facilitate payment submission.
• Provide all needed information and documents to finance. Coordinate with Finance Department to make sure the payments are delivered to the suppliers.
• Conducting regular market surveys for commonly purchased goods and services.
• Coordinate transportation of procured items and delivery.
• Maintain an accurate and organized filing system for both hard and soft copies.
• Perform other duties as required by the Senior Supply Chain Officer and the Procurement Manager