IMI1934 - Senior Buyer I
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Job FamilyProcurement and Supply Chain Management
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Contract TypeDirect
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LocationRas Al Khair, Saudi Arabia
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Business LineProcurement & Supply Chain
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DepartmentProcurement
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Closing Date31-Dec-2024
Your future role & Job Purpose
We are looking to hire 5 Senior Buyers (Offshore Rig Building Experience) - Engineering Relevant Categories (Mech/E&I/Structural/Piping/ HVAC and Architecture) who will be responsible for but not limited to:
- Overall lead for assigned commodity group and sub-commodity for products such as Mechanical, E&I, Structural, Piping, HVAC etc
- Deliver assigned savings targets, plan and execute budget. Mitigate price increases or find off-sets along with corrective actions to ensure annual savings and budget stays on track.
- Conduct price and contract negotiations with suppliers for assigned commodities to meet company/corporate objectives
- Prepare analysis and recommendation for supplier selection with local content focus. Achieve target cost and on time sourcing deliverables
- Interface with internal customers on critical supplier issues as an escalation level and effectively interact with other employees and/or departments for timely resolution.
- Support detection, early warning and analysis of distressed and/or high-risk suppliers through the use of established models such as SWOT, PESTEL etc
- Drive strategic negotiations and review all agreements before execution
- Develop and manage the overall strategy which includes total cost, relationship, and commodity and supplier strategies
- Own the business continuity plan and financial risk and facilitate managing risk. Serve as a subject matter expert in the commodity, including the technology, materials, negotiation, market, and competition. Drive the execution of the commodity strategy for products and programs.
- Continuously strive to reduce total cost of procured goods and services. Negotiate favorable pricing, terms, and price protection in order to obtain best value for the company.
- Lead/participate cross-functional teams
- Cover a Supervisor role
- Mentor & coach new employee
Key Accountabilities & Working Relations
Key Accountabilities:
- Support the implementation of global commodity strategies
- Ensure the implementation of a complete sourcing package preparing cost estimation for the assigned commodities based on comprehensive analysis of the market, project/bids needs
- Ensure availability of the high level "short list" of the potential suppliers for project/bid with the required market\country\technology for the relevant global commodity
- Achievement of global commodity targets (bid and project targets)
- Ensure, according to the supply plan/project schedule, the implementation of all the procurement activities for relevant global commodity
- Conducts research of market conditions and relevant SWOT analysis to gather data for strategic planning.
- Leads, directs, mentors and trains other discipline buyers
- Manage any other responsibility assigned by the management
- Assist with the implementation of ERP or any other system/digital initiative rolled out within the company
- Prepare, maintain and present daily, weekly and monthly work plans for the team and self
- Accountable for compliance with company policies and procedures and preparing documentation required for internal and external audits
- Ensure compliance and adherence to the assigned KPIs and their periodic reporting
- Conducting and managing meetings with internal stake holders, suppliers and PSCM teams including documenting the minutes for smooth working of the team and expediting of the work progress
- Responsible for managing the work of the team members including but not limited to daily work distribution, expediting the fast-track projects and guiding them to ensure zero errors in the orders prepared
- Reviewing the supplier offers, TBE, CBE and ROAs prepared by self and team members to ensure zero errors before they are submitted to the line manager for further approvals
- Work closely with expediting team to ensure expediting of orders, supplier acknowledgments, documentation and any other supplier deliverables
Working Relations: Internal Interactions:
Strategic Procurement / Planning
- Support strategic procurement development initiatives
Supplier Relation / Local Content
- Support local industrial development activities.
- Assist sourcing team with understanding the commodity market dynamics
Customer Support
- Work with internal stake holders to carry out commodity agreement feasibility plans
- Participate in cross functional teams
- Participate in PSCM customer forums and focus meetings.
- Conduct site visit to end user facility to support company operational requirements
- Work with Engineering and Project Management for the successful delivery of orders
Working Relations: External Interactions:
Customer Support
- Cross functional Interaction on commodity plans and strategies issues with external stakeholders
- Suppliers
- Contractors
Experience
- Minimum 10 to 15 years of relevant experience within supply chain, program management, commodity management or in a related role involving negotiating, identifying opportunities, selecting suppliers and/or managing commodity awards
- Subject Matter Expert (SME) in the relevant category (Mechanical, E&I, Structural, Piping, HVAC/Architecture) preferably in the rig and ship building industry
- Procurement experience in working with different commodities with large volume purchases leading a small team
- Proven problem solving and collaborative skills to develop and put in place business strategies cross-functionally and globally.
- Strong negotiation skills and having a track record of managing successful negotiations with major suppliers involving high value (>$5M) and complex orders and contracts using the TCO model
- Detail oriented and organized with good project management skills
- Experience working in large multicultural and multilingual teams
- Very strong at resolving simple to complex purchasing transactional issues
- Very strong understanding of supplier and employer legal terms and conditions of purchase and their negotiations to come to a mutually agreeable solution
- Experienced in preparing bid analysis reports and recommendation of awards summaries for management review and approval
- Have experience of writing business plan summaries for major packages
- Familiar with the use and execution of concepts of cost reduction, cost avoidance, savings and all other applicable cost optimization methods
Qualifications
Education:
- Bachelor’s degree in Supply Chain, Business, Operations Management, Engineering, Computer Science, MIS or closely related degree
Professional Qualifications
(Certifications & Accreditations)
- MCIPS OR a supply chain degree (at bachelor’s level)
Competencies
(Knowledge, Skills & Abilities)
- Demonstrated team player with an initiative to win
- Solid track record of project leadership and execute with significant and impactful results. Demonstrated ability to take ownership of issues, to initiate actions, and to make effective choices
- Technical commodity knowledge and supplier processes in a shipyard and/or oil & gas industry
- Prior experience with global sourcing processes/decision making as well as experience preparing and delivering presentations to senior management, suppliers and internal customers.
- Ability to manage complex workload and prioritize assignments/projects within restricted time constraints.
- High level of analytical ability to deal with unusual and complex issues
- High level of independent judgment, professionalism, integrity and record of obtaining goal-oriented results.
- Very strong negotiation skills with the ability to understand what an understanding of different strategies required in a complex and long negotiation.
- Ability to read, and comprehend technical documents (drawings, specs, engineering changes, etc)
- Proven project management and execution skills.
- Demonstrated ability to influence and drive change with team members, and at all levels of the organization.
- In-depth knowledge of international supplier management and supplier qualification process
About Application Process
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):
- Resume/CV