The Procurement Engineer plays a crucial role in the Oil & Gas industry, particularly in Jeddah, Saudi Arabia. This position involves managing the procurement process to ensure that materials and services are acquired efficiently and cost-effectively. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services necessary for the company's operations. This role requires a blend of technical knowledge and strong negotiation skills to ensure that the company maintains its competitive edge in the market.
Responsibilities:
- Develop and implement procurement strategies that align with company goals.
- Identify and evaluate potential suppliers to ensure quality and cost-effectiveness.
- Negotiate contracts and terms with suppliers to secure favorable pricing and delivery schedules.
- Monitor market trends and supplier performance to optimize procurement processes.
- Collaborate with engineering and project teams to understand material requirements and specifications.
- Maintain accurate records of purchases, pricing, and other important data.
- Ensure compliance with company policies and industry regulations in all procurement activities.
- Assist in the development of budgets and forecasts related to procurement.
- Conduct regular audits of procurement processes to identify areas for improvement.
- Provide training and support to junior procurement staff as needed.
Preferred Candidate:
- Strong analytical and problem-solving skills.
- Excellent communication and negotiation abilities.
- Detail-oriented with strong organizational skills.
- Ability to work under pressure and meet tight deadlines.
- Proficiency in procurement software and tools.
- Knowledge of supply chain management principles.
- A proactive approach to identifying and mitigating risks.
- Team player with the ability to collaborate effectively with various departments.
- Commitment to continuous learning and professional development.
- Understanding of the Oil & Gas industry and its procurement challenges.
Skills
- Strong negotiation skills to secure favorable terms with suppliers.
- Proficiency in procurement management software and tools.
- Excellent analytical skills for evaluating supplier performance.
- Knowledge of contract law and procurement regulations.
- Ability to analyze market trends and pricing strategies.
- Effective communication skills for liaising with suppliers and internal teams.
- Project management skills to oversee procurement timelines.
- Attention to detail for maintaining accurate procurement records.