Procurement Engineer📣 Job Ad
in Larsen & Toubro
about 1 hour ago
| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
About the Role
Larsen & Toubro is seeking a detail-oriented Procurement Engineer to join its team in Riyadh, Saudi Arabia. This role is integral to the procurement department, focusing on sourcing materials, services, and equipment at competitive prices while ensuring adherence to quality standards, compliance, and timely delivery. The Procurement Engineer will be involved in vendor coordination, supplier contract negotiations, purchase order processing, and maintaining essential procurement documentation.
Key Responsibilities
- Assist in the strategic sourcing of high-value suppliers and obtaining competitive quotations.
- Prepare and issue Request for Quotations (RFQs) to potential suppliers.
- Engage in supplier contract negotiations and finalization, demonstrating a strong understanding of commercial terms.
- Compare supplier quotations, evaluating price, delivery timelines, and payment terms.
- Prepare comprehensive comparison statements for management review and decision-making.
- Generate and process purchase orders accurately and efficiently.
- Follow up with suppliers to confirm order acknowledgments and track delivery status.
- Support the vendor registration and prequalification process to ensure a robust supplier base.
- Ensure all procurement activities comply with company policies and procedures.
- Assist in identifying and implementing cost-saving initiatives within the procurement function.
- Resolve basic supplier or delivery-related issues to maintain smooth operations.
Qualifications and Requirements
- Bachelor's degree in Electrical Engineering.
- A minimum of 8-10 years of experience in procurement or purchasing roles.
- Possess basic knowledge of procurement procedures and best practices.
- Familiarity with major commercial terms is essential for contract negotiations.
- Good knowledge of MS Office Suite is required.
Skills and Competencies
- Proficiency in supplier contract negotiations and finalization.
- Strong command of MS Office applications.
- Familiarity with ERP systems such as SAP, Oracle, or similar is considered an advantage.
Work Details
This is a full-time position based in Riyadh, Saudi Arabia. The role requires 5-10 years of relevant experience.
Requirements
- Requires 5-10 Years experience
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