Lead Procurement Analyst📣 Job Ad

About the Role

stc is seeking a Lead Procurement Analyst to manage and oversee all procurement activities. This full-time role involves taking ownership of the procurement process, ensuring service delivery is cost-effective, and aligning with strategic objectives and defined service level agreements. The successful candidate will operate in accordance with established business policies and procedures.

Key Responsibilities

• Perform all procurement activities for projects, from RFP development to supplier selection and contract signature.
• Provide input and execute sourcing strategies as directed by the supervising director.
• Complete and report purchasing requests to the supervising director.
• Lead purchasing requests, evaluate their completeness, classify them by value (*, risk, financial), and assign them to purchasing analysts.
• Assist in managing SLAs for tendered and non-tendered change orders, as well as change orders for the supplier market and spend categories.
• Execute service delivery functions and processes with a focus on implementation.
• Provide input to the supervising director on supply market trends, including competitive pressures, new entrants, substituting products or services, and changes in the value chain.
• Contribute to developing segmentation criteria and mapping the supply base to desired relationship types.
• Provide input on supply and financial risks of suppliers to the supervising director.
• Manage and regularly update the catalogue of suppliers.
• Lead potential procurement synergies with other subsidiaries and manage their implementation in coordination with the Synergies department.
• Manage business cases, including the need for cross-functional resources, timeframes, and targets.
• Review historical data to identify demand/consumption trends and track deviations.
• Oversee business planning efforts in collaboration with the Procurement Head.
• Participate in adapting to changing stc needs by collaborating with other sectors and prioritizing sourcing initiatives.
• Supervise purchasing requirements and project specifications with unit management and suppliers.

Experience and Qualifications

Candidates should possess 4-6 years of relevant experience in procurement or a related analytical role. The role requires a strong understanding of procurement processes and the ability to manage complex projects from initiation to completion.

Skills and Competencies

• Proficiency in managing procurement activities and processes.
• Ability to develop and execute sourcing strategies.
• Strong analytical skills for evaluating purchasing requests and market trends.
• Experience in managing supplier relationships and service level agreements.
• Capability to lead cross-functional initiatives and manage business cases.
• Attention to detail in reviewing historical data and tracking deviations.

Work Environment

This is a full-time position within stc, requiring close collaboration with various internal sectors and external suppliers to achieve procurement objectives.

Application Process

Interested candidates are encouraged to apply for this role to contribute to stc's procurement operations.