Sourcing Manager
Confidential Company
Riyadh JobsFull-time
5–5 years of experience
4 weeks ago
Job description
- Develop and implement sourcing strategies aligned with corporate objectives.
- Research and evaluate local and international suppliers, qualifying new vendors.
- Manage RFQ/RFP processes and analyze commercial and technical proposals.
- Negotiate with suppliers to secure optimal pricing and contractual terms.
- Develop and maintain long-term strategic relationships with suppliers.
- Assess supplier performance and track quality, cost, and delivery metrics.
- Identify cost reduction opportunities and enhance purchasing value.
- Conduct market studies and analyze product and service pricing and costs.
- Manage strategic sourcing operations for various categories, materials, and services.
- Collaborate with procurement, finance, operations, and other departments to determine needs.
- Monitor contracts and commercial agreements with suppliers.
- Identify sourcing risks and develop plans to address them, ensuring supply continuity.
- Build a supplier database and track pricing and commercial terms.
- Prepare regular reports on sourcing performance, costs, and suppliers.
- Lead and guide the sourcing team, monitoring performance and achieving targets.
- Ensure compliance with established procurement and sourcing policies and procedures.