Purchase Manager

at  New East General Trading

The Role

• Develop procurement strategies aligned with the company’s goals and objectives, considering factors such as cost savings, quality, and reliability of supply. • Conduct market research and analysis to identify potential suppliers, evaluate market trends, and anticipate changes in supply and demand. • Identify, evaluate, and select suppliers based on criteria such as quality, price, delivery reliability, and compliance with regulatory requirements. • Negotiate contracts, terms, and pricing agreements with suppliers to achieve favorable terms and conditions while maximizing value for the company. • Maintain positive relationships with key suppliers and vendors, addressing issues, resolving disputes, and fostering collaboration to improve performance and outcomes. • Streamline and optimize the procurement process from requisition to delivery, implementing best practices, standard operating procedures, and automation tools as needed. • Develop and implement procurement policies, guidelines, and controls to ensure compliance with company policies, legal requirements, and industry standards. • Monitor and evaluate supplier performance, conduct supplier audits, and implement corrective actions as necessary to address deficiencies and improve overall performance. • Analyze procurement costs, spending patterns, and total cost of ownership (TCO) to identify opportunities for cost reduction, value enhancement, and process improvement. • Implement cost-saving initiatives, negotiate volume discounts, and explore alternative sourcing options to optimize procurement expenditures and maximize profitability. • Ensure that purchased products and services meet quality standards, specifications, and regulatory requirements, collaborating with quality assurance and compliance teams as needed. • Conduct supplier assessments, audits, and inspections to verify compliance with contractual requirements, industry regulations, and ethical standards. • Develop and maintain procurement metrics, KPIs, and performance dashboards to track key performance indicators such as supplier performance, on-time delivery, cost savings, and inventory turnover. • Prepare regular reports, analyses, and presentations for senior management, highlighting procurement trends, issues, and opportunities for improvement.

Requirements

• Bachelor’s degree in business administration, Supply Chain Management, Procurement, or a related field; master’s degree or professional certification (e.g., CSCP, CPSM) preferred. • 5+ years of experience in procurement, sourcing, or supply chain management roles, preferably in the trading or distribution industry. • Proficiency in procurement software, ERP systems, and Microsoft Office applications. • Knowledge of procurement best practices, sourcing strategies, contract management, and risk mitigation techniques.

About the company
New East has been serving automotive businesses since 1992. We are the largest importer & distributors of aftermarket automotive parts in United Arab Emirates. We are a proud member of Auto Parts Member Group (APMG) an industry-recognized organization that certifies and aims to create a support community for all Auto Parts Merchants in Dubai. People are at the heart of everything we do at New East. We continually invest in our highly skilled team,to ensure we progressively advance our organization and meet the future needs of the automotive aftermarket. Being the best in our field is the trademark of our company. We consistently strive to achieve zero lost sales and zero late deliveries for each and every customer

• Develop procurement strategies aligned with the company’s goals and objectives, considering factors such as cost savings, quality, and reliability of supply. • Conduct market research and analysis to identify potential suppliers, evaluate market trends, and anticipate changes in supply and demand. • Identify, evaluate, and select suppliers based on criteria such as quality, price, delivery reliability, and compliance with regulatory requirements. • Negotiate contracts, terms, and pricing agreements with suppliers to achieve favorable terms and conditions while maximizing value for the company. • Maintain positive relationships with key suppliers and vendors, addressing issues, resolving disputes, and fostering collaboration to improve performance and outcomes. • Streamline and optimize the procurement process from requisition to delivery, implementing best practices, standard operating procedures, and automation tools as needed. • Develop and implement procurement policies, guidelines, and controls to ensure compliance with company policies, legal requirements, and industry standards. • Monitor and evaluate supplier performance, conduct supplier audits, and implement corrective actions as necessary to address deficiencies and improve overall performance. • Analyze procurement costs, spending patterns, and total cost of ownership (TCO) to identify opportunities for cost reduction, value enhancement, and process improvement. • Implement cost-saving initiatives, negotiate volume discounts, and explore alternative sourcing options to optimize procurement expenditures and maximize profitability. • Ensure that purchased products and services meet quality standards, specifications, and regulatory requirements, collaborating with quality assurance and compliance teams as needed. • Conduct supplier assessments, audits, and inspections to verify compliance with contractual requirements, industry regulations, and ethical standards. • Develop and maintain procurement metrics, KPIs, and performance dashboards to track key performance indicators such as supplier performance, on-time delivery, cost savings, and inventory turnover. • Prepare regular reports, analyses, and presentations for senior management, highlighting procurement trends, issues, and opportunities for improvement