About Forbes Middle EastForbes Middle East is a leading business publication that highlights the most influential people and companies shaping the Arab world. As part of the global Forbes brand, we deliver trusted news, rankings, and insights on business, finance, leadership, and lifestyle across the region.Job Purpose:The Procurement Lead is responsible for establishing and managing the procurement functionto ensure cost-effective, efficient, and compliant sourcing practices. Oversees the day-to-day procurement activities to ensure efficient sourcing, purchasing, and delivery of goods and services. This role is responsible for managing procurement processes, maintaining vendor relationships, ensuring compliance with internal policies and regulatory requirements, drives cost-effective purchasing strategies, and supports organizational goals through efficient sourcing and supplier management.Key Responsibilities:- Build and structure the procurement department, including defining roles, processes, and performance metrics.- Design and implement procurement policies, procedures, and internal controls to ensure efficiency, transparency, and compliance.- Lead the implementation or improvement of procurement tools and systems (ERP-based).- Oversee daily procurement activities including reviewing requisitions, issuing purchase orders, and coordinating deliveries.- Ensure that all procurement transactions are accurate, timely, and aligned with approved budgets and specifications.- Collaborate with internal departments to forecast demand, align procurement planning, and resolve supply-related issues.- Develop, evaluate, and manage supplier relationships, including sourcing new vendors and negotiating contracts.- Monitor procurement KPIs and implement improvements to enhance operational efficiency and cost-effectiveness.- Ensure adherence to procurement policies, audit standards, and legal/regulatory requirements.- Support internal and external audits by maintaining accurate and complete procurement documentation.- Prepare regular reports on procurement performance, savings, supply chain risks, and departmental progress.- Review and approve purchase orders within designated authority limits.- Support ERP system implementation or optimization to improve procurement processes and reporting.Job Specifications:• Bachelor’s degree in supply chain management, Logistics, Business Administration,Finance, Engineering, or a related field.• Master’s degree is preferred.• Professional certifications such as CIPS, CPSM, CSCP, or PMP are an advantage.Experience:• 7–10 years of progressive experience in procurement and supply chain management,with at least 3 years in a supervisory or lead role.• Proven track record in strategic sourcing, vendor negotiations, and contract management.• Experience in ERP systems (SAP, Oracle, Microsoft Dynamics, or equivalent).• Hands-on exposure to warehousing, inventory management, and logistics coordination.• Background in audits, compliance, and regulatory frameworks related to procurement.• Analytical and reporting skills (Excel, Power BI, or similar tools).• Strategic Thinking and ability to align procurement strategy with organizational goals.• Financial Acumen and Capability of managing budgets, achieving cost savings, andimproving efficiency.• Ability to identify, assess, and mitigate supply chain risks.• Problem-Solving & Decision-Making skills to have the Strong judgment in high-pressureprocurement and supply chain situations.• Negotiation skills to lead the deal with stakeholders and vendors.• Fluent in English (written and spoken); strong communication and interpersonal skills.