Sourcing Specialist

Job Function

Responsible for leading and optimizing the organization's procurement processes. This role combines technical expertise in strategic sourcing, contract negotiation, and supplier management to ensure efficient procurement of goods and services. The Procurement Manager plays a pivotal role in achieving cost savings, mitigating risks, and enhancing the overall efficiency of the procurement function.

Key Performance Areas:

Strategic Sourcing:

• Develop and implement strategic sourcing strategies to secure cost-effective and high-quality goods and services.
• Conduct market analysis to identify potential suppliers, evaluate their capabilities, and negotiate favorable terms.
• Collaborate with cross-functional teams to align sourcing strategies with organizational goals.

Contract Negotiation:

• Lead contract negotiations with suppliers to secure advantageous terms, including pricing, payment, and delivery terms.
• Draft and review contracts, ensuring compliance with legal and regulatory requirements.
• Collaborate with legal and finance teams to address contractual issues and ensure contract adherence.

Supplier Relationship Management:

• Establish and maintain strong relationships with suppliers to optimize performance, quality, and delivery.
• Conduct regular supplier evaluations and performance reviews to ensure alignment with contractual agreements.
• Identify and onboard new suppliers, fostering a competitive and diverse supplier base.

Cost Management:

• Implement cost management strategies to achieve cost savings without compromising quality.
• Conduct cost-benefit analysis for procurement decisions, identifying opportunities for cost reduction.
• Monitor and analyze market trends to anticipate and mitigate cost fluctuations.

Risk Mitigation:

• Identify and assess risks associated with procurement activities, including supply chain disruptions and supplier financial stability.
• Develop and implement risk mitigation strategies to safeguard the continuity of supply.
• Collaborate with relevant teams to address and resolve potential risks.

Procurement Policies and Compliance:

• Develop and enforce procurement policies and procedures to ensure compliance with internal and external regulations.
• Conduct regular audits to verify compliance with established procurement processes.
• Collaborate with finance and legal teams to address any compliance issues.

Data Analysis and Reporting:

• Utilize data analytics tools to analyze procurement trends, supplier performance, and cost-effectiveness.
• Prepare regular reports on procurement activities, cost savings, and supplier performance.
• Present findings and recommendations to senior management for informed decision-making.

Qualifications Required:

• Bachelor’s degree in business, Supply Chain Management, or a related field.

Experience and Skills Required:

• 5+ years of experience in finance or accounting, preferably in the logistics
• Proven experience in procurement and strategic sourcing.
• Familiarity with procurement software and data analytics tools.

About DP World

Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world’s trade flow better, changing what’s possible for the customers and communities we serve globally.

With a dedicated, diverse and professional team of more than 111,000 employees from 159 nationalities, spanning 77 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that’s fit for the future.

We’re rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we’re at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer’s door.

DP World is on a mission to transcend boundaries and bridge the gap between all nations and cultures – not just in what we do but also in how we behave.

We are dedicated to creating a culture where everyone feels respected, supported, and empowered to reach their full potential. We believe that embracing inclusion and diversity, drives innovation and growth and helps us connect people, businesses, and societies. Free minds and different perspectives are changing our world, and together we can change what’s possible.

WE MAKE TRADE FLOW TO CHANGE WHAT'S POSSIBLE FOR EVERYONE.

EEO Statement

DP World is committed to the principles of Equal Employment Opportunity (EEO). We strongly believe that employing a diverse workforce is central to our success and we make recruiting decisions based on your experience and skills. We welcome applications from all members of society irrespective of age, gender, disability, race, religion, or belief.

By submitting your resume and application information, you authorize DP World to transmit and store your information in the world-wide recruitment database, and to circulate that information as necessary for the purpose of evaluating your qualifications for this or other job vacancies.

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