Procurement Business Partner
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About the Role
Riyadh Holding seeks a Procurement Business Partner to lead supplier governance and contract lifecycle management. You will oversee vendor relationships, compliance, ERP-based procurement automation, and cost control.
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Overview
The Procurement Business Partner leads the supplier governance, and contract lifecycle management to ensure cost-effective and efficient procurement operations.
This role is responsible for overseeing procurement execution, vendor relationships, compliance, and risk management while driving ERP-based procurement automation and business alignment.
1.Vendor Management & Supplier Relationship Governance
- Establish and maintain strategic supplier partnerships to drive value and performance.
- Implement supplier evaluation frameworks, risk assessments, and compliance monitoring.
- Oversee supplier contracts, performance metrics, and escalation procedures.
2. Contract Lifecycle Management & Compliance
- Lead contract negotiations, renewals, and compliance audits to minimize risk.
- Ensure all procurement activities adhere to legal, regulatory, and governance policies.
- Monitor contract lifecycle tracking and ERP-based automation for contract execution.
3. Procurement Operations & Digital Transformation
- Oversee the end-to-end procurement process, ensuring ERP-driven workflow compliance.
- Identify opportunities for process automation and procurement digitization.
- Implement KPIs and reporting dashboards for data-driven procurement decision-making.
4. Budgeting & Cost Control
- Develop and manage procurement budgets in collaboration with Finance.
- Ensure cost reductions and efficiency improvements while meeting service requirements.
- Track and optimize procurement spend through ERP analytics and cost benchmarking.
5. Stakeholder Engagement & Cross-Department Collaboration
- Work closely with Finance, Legal, and Business Units to align procurement initiatives.
- Lead procurement policy development and process standardization.
- Drive continuous improvement initiatives in procurement and contract management.
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