Procurement Manager At Jadeela Steel industries

Job Summary

The Procurement Manager will oversee and manage the procurement process for the two steel factories, ensuring that all materials, equipment, and services are procured in a timely, cost-effective, and efficient manner. The role requires strong vendor management, negotiation skills, and in-depth knowledge of the steel manufacturing industry’s supply chain and materials sourcing. The ideal candidate will play a key role in supporting production schedules, reducing operational costs, and ensuring that procurement strategies align with the overall business goals.

Key Responsibilities

• Procurement Strategy Development
• Develop and implement procurement strategies to ensure an uninterrupted supply of raw materials, equipment, and services required by the factories.
• Regularly assess and modify procurement processes for cost savings, efficiency, and risk mitigation.
• Vendor Management
• Identify, evaluate, and establish relationships with reliable suppliers and contractors.
• Negotiate contracts, pricing, and terms to achieve the best quality and cost outcomes.
• Perform regular performance evaluations of suppliers to ensure compliance with quality, delivery, and pricing standards.
• Material Sourcing & Inventory Control
• Oversee the sourcing of key materials including steel, alloys, chemicals, packaging, and other factory supplies.
• Collaborate with production teams to forecast material needs, ensuring timely delivery and stock levels are optimized.
• Manage inventory turnover rates and ensure that overstock or shortages are avoided.
• Purchasing & Order Management
• Ensure that all orders for materials, equipment, and services are placed in alignment with production schedules and factory needs.
• Manage the purchase order process, ensuring accuracy and timely deliveries.
• Cost Management & Budgeting
• Monitor and control procurement budgets across both factories.
• Identify opportunities to reduce procurement costs without compromising quality.
• Prepare cost-benefit analysis reports and present findings to senior management.
• Risk Management & Compliance
• Identify risks associated with supply chain disruptions, material shortages, and price volatility.
• Ensure compliance with all relevant regulations, standards, and company policies.
• Prepare contingency plans to address potential supply chain interruptions.
• Collaboration & Communication
• Work closely with factory managers, production planners, and other departments to understand requirements and coordinate procurement efforts.
• Provide procurement updates and progress reports to senior management.
• Oversee procurement team activities, ensuring adherence to processes and timelines.
• Market Analysis
• Continuously monitor global and local steel market trends and conditions to anticipate price fluctuations and adjust procurement plans accordingly.
• Stay updated on innovations and advancements in steel production and supply chain management.

Job Requirements

• Education
• Bachelor’s degree in Supply Chain Management, Business Administration, Industrial Engineering, or a related field.
• A Master’s degree or relevant professional certifications (e.g., CIPS, CIPM) is a plus.
• Experience
• Minimum of 10-15 years of experience in procurement, with at least 3 years in a managerial role, ideally within the steel manufacturing or industrial sector.
• Strong background in sourcing raw materials, machinery, and services for manufacturing operations.
• Skills & Competencies
• In-depth knowledge of the steel industry, including key suppliers, materials, and market dynamics.
• Excellent negotiation skills, with the ability to secure favorable contracts and pricing agreements.
• Strong analytical and problem-solving skills.
• Exceptional project management skills with the ability to prioritize and manage multiple tasks effectively.
• Excellent communication and interpersonal skills, with the ability to work cross-functionally and lead a team.
• Strong financial acumen, with the ability to create budgets and manage costs.
• Ability to work under pressure and meet tight deadlines.

Interested candidates are welcome to submit their CVs with the following job title:

ahmed.salama@jadeelasteel.com