Senior Analyst - Procurement

Job description / Role

INSPIRE | EXHILARATE | DELIGHT

For over six decades, Chalhoub Group has been a partner and creator of luxury experiences in the Middle East. The Group, in its endeavour to excel as a hybrid retailer, has reinforced its distribution and marketing services with a portfolio of eight owned brands and over 300 international brands in the luxury, beauty, fashion, and art de vivre categories. More recently, the Group expanded its expertise into new categories of luxury watches, jewellery, and eyewear.

Every step at Chalhoub Group is taken with the customer at heart. Be it constantly reinventing itself or focusing on innovation to provide luxury experiences at over 750+ experiential retail stores, online and through mobile apps, each touch point leads to delighting the customer.

Today, Chalhoub Group stands for 14,000 skilled and talented professionals across seven countries, whose cohesive efforts have resulted in the Group being ranked third in the Middle East and first in Saudi Arabia as a Great Place to Work®.

What you'll be doing

Responsible for taking the lead in the manage the procurement of materials, goods and services for the organization, ensuring to optimize the cost, cash, quality and service.

Strategic Sourcing: Develop and implement procurement strategies aligned with the organization's goals and objectives. Identify potential suppliers, conduct market research, evaluate supplier capabilities, and negotiate favorable terms and conditions.

Supplier Management: Establish and maintain strong relationships with suppliers. Monitor supplier performance, assess risks, and implement supplier improvement plans. Resolve any issues or conflicts that arise and ensure suppliers meet quality, delivery, and cost requirements.

Contract Management: Collaborate with legal and contract management teams to draft, review, and negotiate contracts with suppliers. Ensure compliance with legal and regulatory requirements. Manage contract renewals, amendments, and terminations as necessary.

Procurement Operations: Oversee the end-to-end procurement process, including requisition processing, purchase order creation, order tracking, and delivery coordination. Monitor inventory levels and implement inventory control measures to optimize stock levels while minimizing costs.

Cost Management: Identify cost-saving opportunities through analysis of spend data, market trends, and supplier performance. Implement cost reduction strategies without compromising quality and delivery timelines.

Cross-functional Collaboration: Collaborate with internal stakeholders such as engineering, production, and finance teams to understand their procurement needs and provide guidance on sourcing strategies and supplier selection. Foster effective communication and teamwork across departments.

Continuous Improvement: Stay updated on industry trends, market conditions, and best practices in procurement. Identify areas for process improvement and lead initiatives to enhance efficiency, productivity, and cost-effectiveness.

Data Analysis and Reporting: Collect and analyze procurement data to generate reports, metrics, and key performance indicators (KPIs). Present findings to management, highlighting opportunities for improvement and making data-driven recommendations.

Requirements

What you'll need to succeed

3-5 years of experience in procurement

Engineering qualification is a plus

Multiple Category handling experience

With us, you will turn your aspirations into reality. We will help shape your journey through enriching experiences, learning and development opportunities and exposure to different assignments within your role or through internal mobility. Our Group offers diverse career paths for those who are extraordinary, every day.

We recognise the value that you bring, and we strive to provide a competitive benefits package which includes health care, child education contribution, remote and flexible working policies as well as exclusive employee discounts.

About the Company

The Chalhoub Group is the leading partner for luxury across the Middle East since 1955. As an expert in retail, distribution and marketing services based in Dubai, the group has become a major player in the fashion, beauty and gift sectors regionally.

By blending its Middle East expertise and intimate knowledge of luxury, Chalhoub Group is building brands in the region, by offering service excellence to all its partners and a unique experience to its customers through its passionate teams.

With a growing workforce of more than 9,000 people, implemented in 14 countries, as well as the operating of over 470 retail outlets, the group's success is attributed to its most valued asset of highly skilled and dedicated teams. Professionalism and passion are what fuel the Chalhoub Group's competitive edge in today's market.

By being committed to implementing sustainable practices into their business, the Chalhoub Group has been awarded in 2013 the CSR Label from the Dubai Chamber of Commerce.