About the Role
The Lead Procurement Engineer is responsible for the procurement or purchasing of technical goods and services essential to operations. This role involves evaluating new and existing suppliers, negotiating purchase agreements, and ensuring the timely delivery of purchased goods and services.
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Job Responsibilities
- Develop and implement procurement strategies to support organizational objectives, including cost reduction, quality improvement, and supplier diversification.
- Lead procurement teams, providing guidance, direction, and mentorship to ensure effective execution of procurement activities.
- Collaborate with internal stakeholders, including project managers, engineers, and department heads, to assess procurement needs and develop procurement plans.
- Identify, evaluate, and select suppliers based on criteria such as quality, cost, delivery time, and technical capabilities.
- Negotiate contracts, terms, and pricing agreements with suppliers to secure favorable terms and achieve cost savings.
- Monitor supplier performance, conducting regular assessments and audits to ensure compliance with contract terms and quality standards.
- Resolve issues and disputes with suppliers, addressing quality issues, delivery delays, and other concerns to mitigate risks and maintain project timelines.
- Develop and maintain relationships with key suppliers, fostering collaboration and communication to support long-term partnerships.
- Analyze market trends, conduct supplier research, and stay informed about industry developments to identify opportunities for process improvements and cost savings.
- Maintain accurate procurement records and documentation, ensuring compliance with organizational policies, procedures, and regulatory requirements.
- Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies.
Job Knowledge & Skills
- Thorough understanding of procurement processes, including sourcing, bidding, and contract negotiation.
- Strong technical knowledge and expertise in engineering principles to evaluate technical specifications and ensure alignment with project requirements.
- Excellent analytical abilities to assess supplier proposals, conduct cost analysis, and identify opportunities for cost savings.
- Advanced negotiation skills to negotiate contracts, terms, and pricing agreements, achieving favorable outcomes while maintaining quality standards.
- Leadership and team management skills to lead procurement teams, provide guidance and mentorship, and foster collaboration and communication among team members.
- ERP knowledge, with a preference for SAP functional skills, is a requirement for success in this role.
Job Experience
- Minimum 8 years of working experience, with at least 5 years of relevant working experience.
- 2 years of experience in the GCC region is a plus.
Competencies
- Resilience
- Quality Management
- Leadership
- Risk Management (Level 3)
- Materials Management (Level 3)
- Total Cost Of Ownership (TCO) (Level 3)
- E-Procurement Tools (Level 3)
- Purchasing Benchmarking (Level 3)
- Build High-Performing Teams
- Agility
- Provide Direction
- AI Fluency
Education
- Bachelor's Degree in Engineering
- Professional qualification in Supply Chain/Logistics or any related technical certificates.
