Procurement Manager
📣 Job Ad| Contract Type | Full-time | |
| Workplace type | On-site | |
| Location | Riyadh |
Job Description
About Nice One
Nice One is seeking a Procurement Manager to join its team in Riyadh. This is a full-time position for a professional with 5-10 years of experience in buying or procurement.
Role Purpose
The Buying Manager will lead all buying activities to ensure the organization sources the correct products, materials, or services at the required quality, cost, and time. This role involves developing supplier relationships, managing purchasing decisions and negotiations, monitoring market and business needs, and collaborating cross-functionally to support inventory, budget, and operational goals.
Key Responsibilities
- Develop and implement buying plans aligned with business priorities, customer needs, budgets, and product requirements.
- Identify, evaluate, and select suppliers based on quality, cost, reliability, service, capacity, and compliance.
- Lead supplier negotiations for pricing, contract terms, delivery schedules, and payment terms to achieve value and manage risk.
- Build and maintain productive supplier relationships, review performance, resolve issues, and identify opportunities for improvement.
- Oversee purchase requests, purchase orders, order confirmations, and delivery follow-up to ensure timely and accurate procurement.
- Collaborate with relevant teams to assess demand, stock levels, lead times, and replenishment needs, balancing availability with inventory and cost objectives.
- Monitor market trends, supplier capacity, pricing, and product developments to inform buying decisions.
- Manage buying activity within approved budgets, track spending, analyze cost movements, and identify savings opportunities.
- Ensure purchasing activity adheres to company policies, contractual requirements, applicable regulations, and ethical sourcing standards.
- Assess supply, pricing, delivery, and supplier risks; develop mitigation plans and escalate concerns.
- Prepare and review buying reports, forecasts, spend analyses, and supplier performance measures.
- Partner with Finance, Operations, Merchandising, Planning, and other stakeholders to align requirements and resolve purchasing issues.
- Set priorities, provide guidance, and support the development of buying team members, promoting accountability and consistent practices.
- Identify opportunities to improve sourcing, purchasing workflows, supplier management, and the effective use of procurement systems and data.
Required Qualifications and Experience
- Bachelor’s degree in Business, Supply Chain Management, Procurement, or a related field; equivalent education and relevant experience may be considered.
- 5-10 years of experience in buying, procurement, purchasing, sourcing, or a related commercial function.
- Demonstrated experience managing supplier relationships and negotiating pricing, contracts, or commercial terms.
- Experience analyzing costs, budgets, demand, inventory, or supplier performance.
- Proficiency with procurement or purchasing systems and spreadsheet applications, including Microsoft Excel.
- Experience preparing purchasing reports, forecasts, and other business documentation.
- People management or team leadership experience, or demonstrated ability to guide and develop colleagues.
Requirements
- Requires 5-10 Years experience
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