- Developing and implementing Purchasing strategies and policies for cost optimization and enhancing supply chain efficiency.
- Identifying, evaluating and selecting suppliers based on quality, reliability, cost-effectiveness and adherence to ethical and sustainability standards.
- Negotiating contracts and terms with suppliers to ensure favorable pricing, payment terms and mutually beneficial agreements.
- Collaborating with internal stakeholders to understand their requirements and align Purchasing activities with organizational goals.
- Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.
- Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.
- Monitoring inventory levels, analyzing demand patterns and implementing inventory management strategies to manage stock levels and avoid shortages or excesses.
Your tasks
- Implement Purchasing systems and tools to streamline processes and enhance efficiency.
- Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.
- Manage supplier relationships, including regular communication, performance evaluations and issue resolution.
- Collaborate with internal stakeholders to understand their requirements and develop Purchasing plans accordingly.
- Analyze inventory levels, demand forecasts and consumption patterns to optimize stock levels and reduce carrying costs.
- Continuously evaluate and improve Purchasing practices, including identifying cost-saving opportunities and process enhancements.
- Prepare and present reports on Purchasing activities, performance metrics and cost savings to higher management.
- Develop and maintain Purchasing metrics to track performance, identify areas for improvement and report on sourcing effectiveness.
- Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.
- Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to sourcing activities.
Bachelor's degree in supply chain management, business administration or a related field.7+ years of experience as a purchasing manager within the Egypt market.In-depth knowledge of Purchasing principles, strategies and best practices.Demonstrable experience in the Indian market and familiarity with local suppliers and sourcing channels.Experience in implementing sustainable and socially responsible Purchasing practices.Strong skills in budgeting, cost optimization and negotiation techniques.Knowledge of vendor management and inventory management systems.An analytical mind with excellent communication and interpersonal skills.Ability to work collaboratively with cross-functional teams.Proficiency in using Purchasing software and systems.Knowledge of local and national laws and regulations related to Purchasing.Willingness to work in a fast-paced and competitive environment.Preferred skills and qualificationsKnowledge of industry-specific regulations and compliance requirements.Relevant certification in Purchasing or supply chain management.Proficiency in data analysis and reporting tools.Ability to lead and mentor a team of Purchasing professionals.Detail-oriented with strong organizational and time management abilities.Multilingual skills to effectively communicate with diverse stakeholders.Experience with global sourcing, logistics and supply chain best practices.