Procurement Operations Associate 18N25

As a Procurement Operations Associate, you play a pivotal role in optimizing the procurement process within our organization. Your primary objective is to ensure the efficient procurement of goods and services while supporting the strategic initiatives of the procurement department. This position offers a unique opportunity to work across various functions, leveraging your expertise to enhance workflow efficiency, compliance, and cost-effectiveness. Working collaboratively with vendors and internal teams, you will contribute to developing streamlined purchasing strategies, managing procurement databases, and facilitating supplier relationships. A successful Procurement Operations Associate combines analytical skills with attention to detail and industry knowledge to ensure high-quality service delivery and continuous improvement in procurement operations.

Responsibilities

• Coordinate and manage day-to-day procurement operations to ensure smooth functionality.
• Develop and maintain strategic relationships with suppliers to ensure high-quality procurement.
• Assist in negotiating contracts and agreements to achieve favorable terms and conditions.
• Monitor and evaluate supplier performance through key performance indicators and feedback.
• Support budget management by tracking procurement transactions and expenditure reporting.
• Ensure compliance with company policies, procedures, and relevant industry regulations.
• Prepare reports on procurement activities to provide insight and facilitate decision-making.
• Utilize procurement software to maintain accurate and up-to-date procurement records.
• Collaborate with cross-functional teams to meet procurement goals and objectives.
• Conduct market research and analysis to identify new suppliers and cost-saving opportunities.
• Assist in troubleshooting procurement process issues and implementing corrective actions.
• Provide training and support to new team members on procurement processes and tools.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain, or related field.
• Minimum of two years experience in procurement or supply chain management.
• Strong analytical skills and attention to detail for data analysis and reporting.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.
• Excellent communication and negotiation skills for effective supplier interactions.
• Ability to handle multiple tasks and prioritize in a fast-paced environment.
• Knowledge of procurement regulations and compliance standards is a plus.