Procurement Consultant
Description
Summary: Conduct a targeted review of material third-party spend, major vendors, and contract commitments; identify pricing, demand, specification, consolidation, and sourcing levers to identify cost optimization opportunities.
Responsibilities:
Conduct detailed analysis of third-party spend across major categories, vendors, and contracts to identify optimization opportunities.
Review supplier portfolios and spending patterns to uncover cost-saving and efficiency improvement initiatives.
Identify pricing, specification, demand management, and volume consolidation opportunities across procurement categories.
Assess existing contractual commitments and evaluate their impact on cost, flexibility, and operational performance.
Identify contract renegotiation opportunities and support negotiations with strategic suppliers.
Develop sourcing strategies that improve commercial outcomes while maintaining required service levels and quality standards.
Perform vendor benchmarking and market analysis to validate pricing competitiveness and procurement performance.
Collaborate with business stakeholders to challenge demand requirements and eliminate unnecessary expenditure.
Assess procurement and sourcing risks, contractual constraints, and supplier dependency exposures.
Must Haves:
Bachelor’s degree in Supply Chain, Business Administration, Finance, or a related field.
10+ years of experience in procurement, strategic sourcing, or cost optimization.
Strong vendor relationships and the ability to obtain competitive quotations.
Proven ability to identify and implement cost-saving opportunities.
Strong analytical, stakeholder management, and communication skills.
Nice to Have:
Previous experience in procurement and supplier negotiations.
Familiarity with specific sourcing and cost optimization tools.
Other Details:
Location: On-site, Riyadh
Start Date: Immediately
Duration: 10-12 months