Contract Management Director
6 days ago
**Job Description:**
We are seeking a highly skilled and experienced Contract Management Director to join the Shrachi Group team. As a key member of our procurement team, you will be responsible for leading contract negotiations with suppliers, vendors, and service providers.
Key Responsibilities:
- Contract Negotiation and Management: Lead negotiations for high-value and complex contracts, oversee drafting, review, and execution of contracts, ensuring compliance with legal, regulatory, and organizational requirements.
- Procurement Strategy & Planning: Develop and implement procurement strategies to optimize the purchase of goods and services, collaborate with business units to identify procurement needs and ensure timely delivery of materials and services.
- Supplier Management: Build and maintain relationships with key suppliers and vendors to ensure reliability, quality, and cost-effectiveness, evaluate supplier performance and resolve any issues related to product delivery, quality, or pricing.
- Compliance & Risk Management: Ensure all procurement activities are carried out in accordance with company policies, legal requirements, and industry best practices, mitigate risks associated with vendor performance and contracts by proactively identifying and addressing potential issues.
- Budget Management & Cost Control: Monitor and control procurement budgets to ensure cost-effective purchasing decisions and minimize wastage, identify opportunities to reduce costs through strategic sourcing, negotiation, and process improvements.
- Team Leadership & Development: Manage and mentor a team of procurement professionals, provide guidance and support in their day-to-day activities, ensure the team is trained on the latest procurement processes, technologies, and best practices.
- Cross-Department Collaboration: Work closely with legal, finance, and other departments to align procurement strategies with organizational objectives, provide regular updates to senior management on the status of procurement activities, contract performance, and cost-saving initiatives.
- Reporting & Documentation: Prepare reports for senior leadership on contract performance, procurement savings, and vendor management activities, ensure all documentation related to contracts, purchase orders, and negotiations is organized and easily accessible.
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