Sourcing Specialist

Key Responsibilities:


  • Prepare, draft, and negotiate contracts with suppliers, vendors, or clients.
  • Ensure contracts comply with organizational policies and legal requirements.
  • Identify potential risks in contract terms and conditions.
  • Oversee the lifecycle of contracts from initiation to closure, including amendments and renewals.
  • Assist in negotiating contract terms with clients or vendors.
  • Ensure all contractual obligations are being met and are following legal and organizational standards.
  • Lead negotiations for tenders.
  • Develop strategies for contract management to align with organizational objectives
  • Conduct in-depth risk assessments and develop mitigation strategies for contract-related risks.
  • Assist in preparation of RFP, RFQ and contracts between SGPC and external parties.
  • Implementation of procurement policies and system strategies to support tendering, contracts management, spend analytics and supplier performance management.
  • Make use of negotiation skills to meet with suppliers and vendors, work out the procurement needs of the company and will oversee the process of evaluating suppliers, negotiating agreements and managing supplier and vendor contracts.
  • Drafting and Reviewing Contracts prepare, review, and modify contracts to ensure they meet company standards, legal requirements, and industry regulations. Types of contracts may include procurement contracts, service agreements, leases, licenses, and confidentiality agreements.
  • Collaborate with internal stakeholders and external vendors or clients to negotiate contract terms and conditions that are favorable to the organization. Ensure terms align with business objectives and mitigate potential risks.
  • Managing Contract renewals and terminations, ensuring timely and appropriate actions are taken to renew, renegotiate, or terminate contracts based on organizational needs and supplier performance.
  • Perform cost-benefit analyses to evaluate the financial impact of contract terms and identify opportunities for cost savings or value enhancements.


Qualification and Skills:


• 3 to 5 year experience in related field.

• BSc Degree in Business Management, Accounting, or Engineering and other related courses.

• Strong leadership and interpersonal communication skills.

• Results-oriented, metrics-driven leader with expertise in purchasing, supplier collaboration, development and compliance.

• Possess strong negotiation skill.

Post date: 06 Rabi al-thani 1446 - Today
Publisher: LinkedIn
Post date: 06 Rabi al-thani 1446 - Today
Publisher: LinkedIn