Head of Procurement Department

Ovid Real Estate Company is currently seeking qualified and enthusiastic individuals to join our dynamic team. We believe in fostering a collaborative and innovative work environment, and we invite you to explore the following exciting career opportunities:

Job Specifications:

Procurement Strategy:

• Develop and implement procurement strategies aligned with organizational objectives.
• Continuously assess and optimize procurement processes.

Team Leadership:

• Lead, manage, and mentor the procurement team.
• Foster a culture of accountability, professionalism, and continuous improvement.

Vendor Sourcing and Selection:

• Identify, evaluate, and select suitable suppliers and vendors.
• Negotiate contracts and agreements to ensure favorable terms.

Cost Optimization:

• Implement cost-effective procurement strategies without compromising quality.
• Conduct regular cost analyses and market research.

Contract Management:

• Oversee the creation and management of vendor contracts.
• Ensure compliance with contractual terms and conditions.

Risk Management:

• Assess and mitigate risks associated with procurement activities.
• Develop contingency plans for potential supply chain disruptions.

Technology Utilization:

• Leverage procurement software and tools for efficient sourcing, tracking, and reporting.
• Stay updated on advancements in procurement technology.

Collaboration:

• Collaborate with other departments to understand their procurement needs.
• Work closely with finance, legal, and operations teams to ensure alignment.

Continuous Improvement:

• Identify opportunities for process improvement in procurement operations.
• Implement best practices to enhance overall efficiency.

Reporting:

• Provide regular reports on procurement activities, cost savings, and vendor performance.
• Communicate updates to senior management or stakeholders as needed.

Required Number: 1(One)

Education:

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Additional certifications in procurement and supply chain (e.g., Certified Professional in Supply Management - CPSM) are advantageous.

Experience:

• Extensive experience in procurement, sourcing, or supply chain management.
• Proven track record in leadership roles overseeing procurement functions.

Leadership Skills:

• Strong leadership and management skills with the ability to lead a procurement team.
• Experience in fostering a collaborative and high-performance team culture.

Negotiation Skills:

• Excellent negotiation skills for vendor contracts and agreements.
• Ability to secure favorable terms for the organization.

Vendor Management:

• Demonstrated experience in sourcing, selecting, and managing vendors.
• Strong vendor relationship management skills.

Strategic Thinking:

• Ability to develop and execute strategic procurement plans aligned with organizational goals.
• Experience in contributing to overall business strategy.

Regulatory Compliance:

• Knowledge of local and international procurement regulations and compliance standards.
• Ensure adherence to legal and ethical standards in procurement practices.

Budget Management:

• Experience in developing and managing procurement budgets.
• Ability to optimize costs while maintaining quality standards.

Communication Skills:

• Excellent communication and interpersonal skills.
• Ability to effectively communicate with internal stakeholders and external suppliers.

Problem-Solving:

• Effective problem-solving skills to address procurement challenges and issues.
• Proactive approach to identifying and resolving potential problems.