Procurement Specialist 01D25

A Procurement Specialist is a crucial member of our organization, tasked with managing the acquisition of goods and services necessary for our operations. This role is instrumental in maintaining cost-efficient practices while ensuring quality and timely procurement. The specialist will collaborate with various departments to assess procurement needs and implement strategic sourcing strategies that align with our business goals. The position requires keen analytical skills, effective negotiation abilities, and a strong understanding of supply chain management. In this position, you'll be responsible for evaluating supplier performance, negotiating contracts, and ensuring compliance with company policies and regulatory requirements. If you are resourceful, detail-oriented, and have a passion for optimizing procurement processes, this is an excellent opportunity for you to contribute to the success and efficiency of our organization.

Responsibilities

• Develop and execute procurement strategies that align with business objectives and budgets.
• Negotiate terms with suppliers to ensure favorable conditions for the organization.
• Evaluate supplier performance and manage relationships for long-term collaboration.
• Ensure timely procurement of goods and services to meet project timelines.
• Analyze market trends to provide insights into procurement strategies and practices.
• Monitor inventory levels to avoid shortages and determine order quantities.
• Collaborate with stakeholders to better understand procurement needs and objectives.
• Maintain accurate records of purchases, pricing, and other important data.
• Ensure compliance with legal, regulatory, and company procurement policies.
• Address and resolve any procurement-related issues and discrepancies effectively.
• Participate in the development of procurement policies and standard operating procedures.
• Provide training and guidance to junior procurement staff as needed.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Proven experience in procurement, purchasing, or supply chain management fields.
• Strong negotiation skills with a track record of favorable supplier agreements.
• Excellent analytical skills in assessing market and supplier data.
• Proficiency in procurement software and Microsoft Office Suite applications.
• Exceptional communication and interpersonal skills for effective collaboration.
• Ability to manage multiple priorities in a fast-paced working environment.