Senior Buyer Required in Dubai

A Senior Buyer is responsible for managing and overseeing the procurement process within an organization, ensuring that the company acquires goods and services that meet its operational needs at the best possible value. This role involves sourcing suppliers, negotiating contracts, managing relationships with vendors, and ensuring that purchased items meet the required quality, price, and delivery standards. The Senior Buyer also monitors market trends, manages inventory levels, and plays a key role in driving cost-saving initiatives. As a senior-level position, this role requires strategic thinking, strong negotiation skills, and in-depth knowledge of procurement processes.

Experience	5 – 20 years
Salary	Market Competitive
Location	UAE, Dubai
Qualification	Any
Posted	18 September 2024
Job Type	Full-Time
Posted by	Habeebi Recruiter
last date to apply	apply within 15 days

Responsibilities:

1. Develop and Implement Procurement Strategies

The Senior Buyer is responsible for developing and executing procurement strategies that align with the company’s goals and budget. This includes identifying purchasing needs, sourcing reliable suppliers, and negotiating favorable terms. They work closely with other departments to understand their needs and ensure that the procurement strategy supports operational objectives and long-term growth.

2. Supplier Sourcing and Relationship Management

A key responsibility of the Senior Buyer is to source and select suppliers that provide high-quality products and services at competitive prices. This involves conducting market research, evaluating potential suppliers, and building strong relationships with vendors. Maintaining good communication with suppliers is crucial to ensuring timely deliveries, resolving issues, and fostering long-term partnerships. The Senior Buyer must also monitor supplier performance and ensure they comply with the company’s standards and expectations.

3. Negotiate Contracts and Pricing

The Senior Buyer is responsible for negotiating favorable terms with suppliers, including pricing, delivery schedules, and payment terms. Strong negotiation skills are essential to achieving cost savings and value for the company. The Senior Buyer ensures that contracts are fair, clear, and protect the company’s interests. They must also ensure that all agreements comply with legal and regulatory requirements.

4. Manage Inventory Levels and Stock Control

Ensuring that the organization has the right amount of inventory on hand is a critical responsibility. The Senior Buyer must monitor inventory levels, track demand, and coordinate with suppliers to maintain optimal stock levels. This involves avoiding both overstocking and stockouts, which can impact the company’s operations and financial performance. The Senior Buyer must work closely with the logistics and warehouse teams to ensure smooth inventory management.

5. Conduct Cost Analysis and Budget Management

The Senior Buyer plays a vital role in controlling costs by conducting regular cost analyses and identifying opportunities for savings. They assess the total cost of ownership, including not only the purchase price but also shipping, storage, and other associated costs. The Senior Buyer is also responsible for managing the procurement budget, ensuring that purchases are within budget constraints while meeting the organization’s needs.

6. Ensure Compliance with Procurement Policies and Regulations

The Senior Buyer must ensure that all procurement activities comply with the company’s internal policies and external regulations. This includes adhering to ethical procurement practices, ensuring transparency in the bidding process, and managing contracts in line with legal and regulatory requirements. The Senior Buyer must also stay updated on changes in industry regulations and ensure that the procurement team follows best practices.

7. Evaluate and Manage Supplier Performance

Regular evaluation of supplier performance is essential to maintaining a strong supply chain. The Senior Buyer monitors supplier quality, delivery times, and adherence to contractual terms. They conduct performance reviews and provide feedback to suppliers to ensure continuous improvement. If necessary, the Senior Buyer addresses any issues related to supplier performance, such as delays or substandard goods, and seeks alternative options if required.

8. Collaborate with Cross-Functional Teams

The Senior Buyer works closely with other departments, including production, logistics, finance, and quality control, to ensure that procurement activities align with the company’s overall goals. Effective collaboration helps ensure that the goods and services procured meet the specifications required by other departments and that any issues related to purchasing are promptly addressed.

Skills and Qualifications:

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
• Extensive experience in procurement or supply chain management.
• Strong negotiation and contract management skills.
• Knowledge of sourcing and vendor management.
• Proficiency in procurement software and systems (e.g., SAP, Oracle).
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills for managing supplier relationships.
• Ability to manage budgets and drive cost-saving initiatives.
• Understanding of market trends and industry regulations.
• Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM) are an advantage.

How to apply:

Send your updated resume to our email or directly reach us at our phone:

Email:  info@uae.g4s.com

Telephone:  +971 4 381 5800