Procurement Executive

Overview

Procurement Executive Jobs in Riyadh, Saudi Arabia at BFL Group

Title: Procurement Executive

Company: BFL Group

Location: Riyadh, Saudi Arabia

About the Company

BFL Group is one of the world’s leading off-price retailer of fashion and homeware. With headquarters based in United Arab Emirates, we serve over markets across the region and Southeast Asia. Our goal is to delight customers and entice them back with the promise of exceptional pieces that excite – all at up to 80% off the original retail price for fashion designer brands. Our unique “Treasure Hunt” model ensures there is always something new to explore, desire and discover within our stores. Our customers walk out with new items every time they visit any of our stores.

About the Role

The Procurement Executive is responsible for executing end-to-end procurement activities to ensure cost-effective sourcing, timely availability of goods and services, and strong supplier performance. The role supports business continuity across stores, fulfilment centres, and corporate functions, while ensuring compliance with BFL Group’s procurement policies, budget controls, and governance standards. The position plays a key role in supplier coordination, inventory availability (including FCNT non-trade items), spend control, and continuous improvement through data-driven and digital procurement practices.

Responsibilities

• Execute end-to-end procurement activities including sourcing, RFQs, negotiations (within approved thresholds), PR to PO conversion, and order execution.
• Obtain competitive quotations, prepare commercial comparisons, and recommend suppliers based on cost, quality, service, and lead time.
• Ensure procurement activities are aligned with approved budgets, delegation of authority, and procurement policies.
• Manage day-to-day interactions with suppliers to ensure timely order confirmations, deliveries, and issue resolution.
• Monitor supplier performance in terms of cost, delivery, quality, and responsiveness, and escalate risks where required.
• Support onboarding of new suppliers and ensure compliance with documentation, contractual, and regulatory requirements.
• Manage procurement and replenishment of FCNT non-trade inventory such as consumables, packaging materials, warehouse supplies, and operational equipment.
• Monitor inventory levels, consumption trends, and reorder points to maintain sufficient stock while avoiding excess or obsolescence.
• Coordinate with Fulfilment Centre, Warehouse, and Operations teams to validate demand planning and stock usage.
• Support periodic stock counts, reconciliations, and variance analysis, implementing corrective actions where required.
• Ensure accurate 3-way matching between Purchase Orders, Goods Receipts, and Supplier Invoices to enable timely payments.
• Track open POs, accruals, and order closures in coordination with Finance.
• Support internal and external audits by providing procurement documentation and justifications.
• Prepare and maintain procurement and inventory reports including spend analysis, savings tracking, order status, and FCNT inventory dashboards.
• Use data to identify cost-saving opportunities, supplier consolidation, and process improvements.
• Actively support ERP optimization, e-procurement tools, and workflow automation initiatives.
• Ensure adherence to procurement SOPs and contribute to continuous improvement initiatives aligned with best practices.

Qualifications

• Bachelor’s degree in Supply Chain Management, Logistics, Business Administration, Procurement, or a related field.
• Professional certifications such as CIPS (Level 3/4) or equivalent are an advantage.
• 5+ years of experience in procurement or purchasing, preferably within retail, FMCG, logistics, or fulfilment centre environments.
• Hands-on experience with ERP systems (SAP, Oracle, or similar).
• Strong understanding of procurement processes, sourcing strategies, and supplier negotiation.
• Analytical mindset with good command of MS Excel and reporting tools.
• Strong stakeholder management and communication skills.
• Ability to work in a fast-paced, high-volume environment with multiple priorities.
• High level of integrity, attention to detail, and compliance orientation.

Pay range and compensation package

[Insert pay range or salary or compensation details here]

Equal Opportunity Statement

BFL Group is committed to diversity and inclusivity in the workplace. We encourage applications from all qualified individuals regardless of race, gender, age, sexual orientation, disability, or any other characteristic protected by law.