Procurement Manager
Skills
About This Role
Company Profile
Sentinel Ventures is a dynamic holding company that manages a diverse portfolio of seven operating companies across multiple industries and geographies.
With a commitment to excellence, innovation, and sustainable growth, Sentinel Ventures plays a pivotal role in overseeing and guiding its subsidiaries toward achieving their business objectives while fostering synergies across the group.
Job Profile
The role focuses to lead and manage procurement strategy across all operating companies, ensuring cost optimization, supplier reliability, quality compliance, and uninterrupted supply of food and non-food products aligned with business objectives.
1. Strategic Procurement Management
- Develop and implement group-wide procurement strategies aligned with business growth plans and market expansion.
- Drive centralized procurement governance across all operating companies to ensure consistency and efficiency.
- Identify cost-saving opportunities and optimize procurement spend across regions.
- Standardize procurement policies, processes, and internal controls across all entities.
- Contribute to long-term category and sourcing strategies for sustainable growth.
2. Vendor Management & Sourcing
- Identify, evaluate, and onboard global suppliers for Food, Non - food and FMCG product categories.
- Build and maintain long-term strategic partnerships with key vendors and manufacturers.
- Develop vendor segmentation and manage accordingly.
- Continuously evaluate supplier performance with reference to pricing, quality, service levels and compliance.
- Ensure supplier compliance with contractual obligations, certifications, and ethical standards.
3. Global Supplier Negotiation & Commercial Excellence
- · Lead commercial negotiations with suppliers to secure optimal pricing, margins, payment terms, and supply conditions.
- Negotiate contracts, MOUs, rebates, volume discounts, and credit terms.
- Drive margin improvement through strategic sourcing, consolidation, and value engineering.
- Monitor global commodity trends, freight costs, and currency fluctuations to support negotiation strategies.
4. New Product Development (NPD)
- Identify and introduce new products aligned with market trends and customer demand.
- Coordinate with suppliers for product development, customization, and private labeling where required.
- Conduct feasibility analysis including cost, margins, shelf life, and regulatory requirements.
- Support product launches in coordination with Sales, Marketing, and Operations teams.
5. Global Supply & Demand Planning
- Align procurement planning with sales forecasts, demand planning, and inventory requirements.
- Ensure optimal stock availability while minimizing excess inventory and working capital impact.
- Balance demand and supply across multiple geographies and operating companies.
- Monitor lead times, order cycles, and replenishment strategies.
6. Cost Control & Budgeting
· Monitor procurement budgets and ensure adherence
· Analyze market trends, commodity pricing, and currency fluctuations
· Drive cost optimization without compromising quality
7. Compliance & Quality Assurance
· Ensure procurement practices comply with local and international regulations
· Maintain food safety and quality standards (perishable goods)
· Work closely with QA/QC teams to ensure product compliance
8. Cross-Functional Coordination
· Collaborate with Sales, Logistics, Finance, and Operations teams
· Align procurement planning with demand forecasting and inventory management
· Support new product development and market/Category expansion initiatives
9. Risk Management & Business Continuity
- Identify supply chain risks and develop mitigation strategies.
- Diversify supplier base to reduce dependency and ensure continuity.
- Develop contingency plans for disruptions (e.g., geopolitical issues, shipping delays, shortages).
- Monitor global supply chain trends and proactively manage risks.
10. Team Leadership & Capability Building
- Lead and mentor procurement teams across multiple geographies.
- Set KPIs, monitor team performance, and drive accountability.
- Build procurement capabilities through training and process improvements.
- Foster a culture of efficiency, collaboration, and continuous improvement.
Job Type: Full-time
Pay: AED10,000.00 - AED12,000.00 per month
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