Procurement Manager: Dammam 2nd Industrial City
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Job Summary:
As Purchasing Lead, you will be responsible for delivering the day-to-day activities of the purchasing function while maintaining strong relationships with vendors and suppliers. You will evaluate purchasing and pricing trends to support demand forecasting and cost optimization. Your analytical and research skills will be instrumental in providing insightful management information to key stakeholders, enabling data-driven decisions that support business goals. In this role, you’ll actively engage with current and prospective suppliers to strengthen commercial advantage, ensuring alignment with the company’s quality programs and strategic initiatives.
RESPONSIBILITIES/ACCOUNTABILTY & AUTHORITY:
- Lead competitive sourcing and purchasing negotiations.
- Develop and execute sourcing strategies, particularly for supplier changes or spend optimization.
- Collaborate effectively with procurement team members to manage expectations and ensure a positive internal customer experience.
- Ensure the needs and satisfaction of operations and production teams are consistently met through procurement activities.
- Lead and support contract negotiations, supplier management, and contract implementation.
- Deliver against key targets including cost savings, efficiency, and service effectiveness.
- Create and gain alignment on category buying strategies with internal stakeholders.
- Draft, adjust, and implement purchasing contracts based on stakeholder input.
- Drive adoption and manage organization-wide agreements within assigned categories.
- Identify and implement continuous improvement opportunities across procurement processes.
- Track and report Value for Money (VfM) initiatives.
- Contribute to cross-functional and cross-organizational sourcing projects.
- Analyze data to support joint procurement initiatives and increase agreement uptake.
- Ensure compliance with procurement policies, health & safety, and quality standards.
- Be accountable for meeting all relevant KPIs.
- Travel as required to support procurement activities.
- Perform other duties as needed, aligned with the role’s level and responsibilities.
BEHAVIORAL SKILLS/COMPETENCIES:
1. Strategic Thinking
- Aligns sourcing actions with business goals and anticipates supply risks and opportunities.
2. Negotiation & Influence
- Skilled in achieving favorable outcomes while maintaining strong supplier relationships.
3. Collaboration
- Works effectively with internal teams and stakeholders to meet shared goals.
4. Communication
- Clear and confident communicator, able to convey complex ideas simply.
5. Initiative & Problem Solving
- Proactively identifies and addresses issues, driving continuous improvement.
6. Customer Focus
- Prioritizes internal customer needs and maintains high service levels.
7. Procurement Expertise
- Solid understanding of sourcing, category management, and contract negotiation.
8. Data-Driven Decision Making
- Uses data to support sourcing strategies, track savings, and guide decisions.
9. Compliance & Risk Awareness
- Ensures adherence to policies, quality, safety, and regulatory standards.
10. Results Orientation
- Focused on meeting KPIs related to cost, efficiency, and service delivery.
EXPERIENCE/EDUCATION/SKILL-SET REQUIRED:
- Degree in supply chain or min 5 years experience in a similar role.
Requirements
- •Proven experience in purchasing/procurement
- •Strong vendor and supplier relationship management skills
- •Analytical and research skills for demand forecasting and cost optimization
- •Ability to provide insightful management information
- •Skills in competitive sourcing and purchasing negotiations
- •Experience with sourcing strategies, especially for supplier changes or spend optimization
- •Familiarity with procurement policies, health, safety, and quality standards
Nice to Have
- •Strategic Thinking
- •Negotiation Influence
- •Collaboration
- •Communication
- •Initiative Problem Solving
- •Customer Focus
- •Procurement Expertise
- •Data-Driven Decision Making
Responsibilities
- •Deliver day-to-day purchasing activities
- •Maintain strong relationships with vendors and suppliers
- •Evaluate purchasing and pricing trends
- •Support demand forecasting and cost optimization
- •Provide insightful management information to stakeholders
- •Engage with suppliers to strengthen commercial advantage
- •Ensure alignment with company's quality programs and strategic initiatives
- •Lead competitive sourcing and purchasing negotiations
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NOV provides equipment and services to the oil and gas, and renewable energy industries. They offer solutions for drilling, completion, and production operations.
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