Procurement Specialist

Al Mana

UAE

Posted
Ref: HP129-268

Job description / Role

Employment: Full Time

Objectives: Responsible for supply chain management and procurement by way of sourcing jewellery ( gold & diamonds) and services ( special orders & repairs ) based on inventory needs and sales projections of the company.

Main responsibilities:
- Responsible for forecast levels of demand for Jewellery and services as per the agreed timelines by the management to meet the business need.
- Building and maintaining relationships with suppliers and manufacturers; sourcing new suppliers and negotiating terms of contract including price, quality, availability etc.
- Negotiate working relationships that maximise margin and minimise risk
- Perform risk management for supply contracts and agreements
- Review and determine supplier fit with overall strategy on a annual basis and optimum routes to market for each category
- Predicting seasonal best sellers, core lines and future trends
- Completing regular competitor shops and market analysis reports
- Budget management for all Gold & diamond jewellery
- Design, develop and implement the overall buying strategy for the company
- Agree and deliver forecasted sales, stock and profit targets in line with range plan, ensuring agreement with the General Manager
- Devise and utilize fruitful procurement and sourcing strategies
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Approve the ordering of necessary goods and services, finalizing purchase details of orders and deliveries as per agreed budgets & timelines

Requirements

University Qualifications:
- Bachelors Degree in Business Administration or relevant field

Nature and length of previous experience:
- Minimum of 5 years experience working in procurement/buying

Skills and Personality traits:
- Ability to work in a fast paced high volume environment while under pressure
- Attention to detail and accuracy
- Planning and organizing in order to meet deadlines
- Time management
- Results driven
- Ability to multi task
- Flexible and adaptable
- Problem solving skills

About the Company

Al Mana is one of the largest and most diversified groups in the region, operating over 55 companies in 8 countries and employing over 3500 personnel. Industries that we operate in include automotive distribution and services, real estate and investments, retail and luxury fashion, F&B, engineering, technology, media and entertainment. The group covers most areas of retail including luxury goods, beauty, fashion, home interiors, watches and jewellery. Operating over 300 outlets, Al Mana represents some of the largest and most successful brands in the world.

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Procurement Specialist salaries in UAE

Average monthly compensation
AED 12,000

Breakdown available for industries, cities and years of experience