Senior Procurement Manager At Bosta
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Senior Procurement Manager At Bosta

About Role:

To lead and manage the procurement function by developing effective sourcing strategies, negotiating favorable contracts, and ensuring the timely and cost-efficient acquisition of goods and services required for shipping, fleet operations, logistics hubs, and related services. The Senior Procurement Manager plays a key role in optimizing supply chain efficiency and maintaining compliance with company and regulatory standards.

Job Description:

  • 1. Strategic Procurement
  • Develop and implement procurement strategies aligned with company objectives and cost targets
  • Identify, evaluate, and manage suppliers to ensure quality, reliability, and cost-effectiveness
  • Monitor market trends, pricing, and supply risks, and recommend adjustments to procurement plans
  • Manage RFP (Request for Proposal), and RFQ (Request for Quotation) processes
  • 2. Contract and Supplier Management
  • Negotiate contracts, terms, and pricing agreements with vendors and service providers
  • Manage supplier performance through regular evaluation, KPIs, and audits
  • Ensure supplier compliance with company policies, ethical standards, and legal requirements
  • Resolve supplier disputes and address issues related to quality, delivery, or pricing
  • 3. Operational Procurement
  • Oversee procurement for vessels, spare parts, maintenance, port services, and transportation
  • Coordinate with operations, warehouse, and finance teams to ensure seamless supply flow
  • Monitor purchase requisitions, purchase orders, and invoice reconciliation processes
  • Ensure timely delivery of goods and services to support operations and minimize downtime
  • 4. Budgeting and Cost Control
  • Prepare and manage the annual procurement budget
  • Track savings, cost avoidance, and performance against targets
  • Implement initiatives to reduce procurement costs and improve value for money
  • 5. Leadership and Team Management
  • Lead and mentor the procurement team to enhance capability, productivity, and collaboration
  • Define clear roles, responsibilities, and KPIs for the team
  • Foster a culture of continuous improvement and professional ethics
  • 6. Compliance and Reporting
  • Ensure compliance with company procurement policies and legal requirements
  • Maintain accurate records of procurement activities for audit and reporting purposes
  • Generate periodic reports on procurement performance, supplier evaluation, and spend analysis

Job Requirements:

  • Bachelor’s degree in Supply Chain Management, Business Administration, Logistics, or related field
  • Minimum 8–10 years of experience in procurement, with at least 3 years in a managerial role within shipping, marine, or logistics industry
  • Strong knowledge of logistics operations, vessel procurement, spare parts sourcing, and port services
  • Proven negotiation and contract management skills
  • Excellent communication, analytical, and leadership abilities
  • Proficiency in ERP systems and MS Office tools

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