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Job Description
Role Purpose:
The procurement executive manager role is significant in driving the strategic direction and operational excellence of the procurement function. You are tasked with spearheading end-to-end procurement activities, ensuring efficient sourcing, effective supplier management, risk mitigation, compliance adherence, and process optimization. Your primary objective is to orchestrate procurement strategies aligned with the organization's objectives, ultimately contributing to cost savings, operational efficiency, and the attainment of quality goods and services.
Key Accountabilities:
1- Strategic Sourcing Leadership;
- Develop and execute comprehensive sourcing strategies aligned with organizational objectives, emphasizing cost-effectiveness and quality.
- Conduct thorough market analysis, supplier assessments, and negotiations to secure optimal terms and pricing agreements
2- Contractual Expertise and Administration;
- Lead and oversee contract negotiations, crafting robust agreements compliant with legal, regulatory, and performance parameters.
- Collaborate closely with Legal and Finance teams to ensure contractual terms mitigate risks and align with organizational interests.
3- Supplier Relationship Cultivation;
- Cultivate and maintain strong relationships with key suppliers, conducting regular performance reviews and effectively managing any issues or escalations.
- Drive collaborative efforts with suppliers for continuous improvement initiatives and innovation.
4- Compliance Management and Risk Mitigation;
- Establish and enforce rigorous procurement policies and procedures, ensuring strict adherence to industry regulations and ethical standards.
- Identify, assess, and mitigate procurement-related risks, implementing measures to safeguard organizational interests..
5- Process Optimization and Innovation;
- Continuously assess and optimize procurement processes, identifying opportunities for improvement and implementing best practices.
- Integrate technological tools and data analytics for streamlined operations, enhanced reporting capabilities, and informed decision-making.
6- Leadership and Cross-functional Collaboration;
- Provide effective leadership, guidance, and mentorship to the procurement team, fostering a culture of collaboration, growth, and accountability.
- Collaborate cross-functionally with departments to ensure procurement strategies align with organizational goals.
Skills
- Procurement experience including 3 years of managerial role in the medical procurement field.
- Financial Acumen.
- Process Design and Implementation.
- Vendor Management.
- Billing and Collections.
- Cash Flow Management.
- Reporting.
- Technology Adaptability.
- Problem-Solving.
- Critical Thinking.
- Stakeholder Management.
- Clear Communication.
- Proactive Approach.
- Team Leadership.
- Decision-Making.
- Time Management.
Education
Bachelor's degree in Accounting, Finance, Industrial Enginering or related feild.
Job Details
Preferred Candidate
Bupa Arabia
Bupa Arabia is a healthcare insurance company based in the Kingdom of Saudi Arabia. We are an associate business of Bupa Group, which is a global healthcare company with an international reach that extends across multiple business operations, practices, and resources.
Founded in October 1997, Bupa Arabia was initially established through a partnership between Bupa Global International and Nazer Group, with the key focus to provide health insurance services with high quality and competitive prices, while ensuring a distinctive experience for customers. Bupa Arabia has since evolved into a fully Saudi-owned and operated company. Our transformation from a joint venture into a publicly traded company on the Saudi Stock Exchange occurred in 2008, as we made 40% of our shares available to the public during our Initial Public Offering (IPO).
As a subsidiary of the global Bupa Group, we draw upon international expertise while maintaining a profound understanding of local healthcare requirements and regulations. This allows us to offer comprehensive healthcare insurance solutions tailored to the unique needs of the Saudi Arabian market.
Bupa Arabia prides itself on its commitment to the wellbeing and development of its employees, providing them with the same standard of care, support, and professionalism that it expects to be delivered to its customers.
Our core values shape every aspect of our work and culture:
Commit – Own it with accountability and urgency.
Collaborate – Win together through cross-functional synergy.
Care – Put people first, both employees and customers.