Procurement Executive

Position Overview

We are seeking a highly motivated and strategic Procurement Executive to join our dynamic team in Dammam, Kingdom of Saudi Arabia (KSA). This pivotal role will be responsible for driving the procurement function by sourcing, negotiating, and purchasing high-quality goods, materials, and services essential to our operational success. The ideal candidate will play a critical role in optimizing costs, ensuring timely deliveries, and maintaining robust supplier relationships while adhering to company policies and Saudi regulatory standards. This position offers an exciting opportunity to contribute to the company’s growth and operational excellence in a fast-paced corporate environment.

Key Responsibilities

The Procurement Executive will execute a wide range of procurement activities to support the organization’s objectives. Core responsibilities include:

• Supplier Sourcing and Procurement: Identify, evaluate, and source materials, equipment, consumables, and services from approved local and international suppliers to meet operational demands.
• Negotiation and Contracting: Obtain competitive quotations, assess supplier proposals, and negotiate favorable pricing, payment terms, and delivery schedules to secure the best value for the company.
• Purchase Order Management: Prepare, process, and manage purchase orders, procurement documentation, and supplier contracts in strict accordance with company policies and procedures.
• Cross-Functional Collaboration: Work closely with internal departments, including warehouse, operations, and finance, to understand procurement requirements and ensure timely fulfillment of purchase requests.
• Inventory and Stock Optimization: Monitor inventory levels in coordination with warehouse and operations teams to maintain optimal stock levels and prevent shortages or excesses.
• Supplier Relationship Management: Develop and nurture strong, long-term relationships with suppliers to guarantee reliable supply, high service quality, and favorable terms.
• Order Tracking and Follow-Up: Track purchase orders and proactively follow up on deliveries to ensure materials are received on time and in full compliance with specifications.
• Compliance and Documentation: Maintain accurate and up-to-date procurement records, supplier databases, and documentation to support audits, regulatory compliance, and internal reporting.
• Market Research and Cost Analysis: Conduct comprehensive market research to identify cost-saving opportunities, evaluate alternative sourcing options, and stay informed of pricing trends and industry developments.
• Regulatory and Policy Adherence: Ensure all procurement activities comply with company policies, contractual obligations, and applicable Saudi Arabian laws and regulations.
• Financial Coordination: Collaborate with the finance department to verify invoices, process payments, and monitor budget adherence to maintain financial discipline.
• Reporting and Performance Analysis: Provide management with detailed procurement reports, supplier performance evaluations, and cost analysis to support data-driven decision-making.

Qualifications and Skills

To excel in this role, candidates must meet the following requirements:

• Education: Bachelor’s degree in Business Administration, Supply Chain Management, Logistics, Commerce, or a related field from a recognized institution.
• Professional Experience: Minimum of three to five years of progressive experience in procurement, purchasing, or supply chain operations, preferably within a corporate or industrial setting.
• Core Competencies: Exceptional negotiation, communication, and vendor management skills with a proven ability to build and sustain professional relationships.
• Technical Proficiency: Strong working knowledge of procurement processes, inventory control systems, and supplier relationship management methodologies. Familiarity with ERP systems, procurement software, and Microsoft Office applications (Word, Excel, PowerPoint) is essential.
• Analytical and Organizational Skills: Demonstrated ability to work independently, manage multiple priorities, meet tight deadlines, and deliver results under pressure.
• Regional Expertise: Prior experience with Saudi market suppliers and in-depth knowledge of local procurement regulations and business practices are highly advantageous.

Why Join Us?

As a Procurement Executive, you will be an integral part of a forward-thinking organization committed to operational excellence and sustainable growth. This role offers a competitive compensation package, professional development opportunities, and the chance to make a meaningful impact in a dynamic and rewarding work environment. If you are a proactive, detail-oriented professional with a passion for procurement and supply chain management, we invite you to apply and take the next step in your career.