Procurement Specialist 20O25

The Procurement Specialist is a key member of an organization's procurement and supply chain team, responsible for managing and overseeing procurement processes and ensuring that the company acquires high-quality goods and services at competitive prices. This position involves developing and implementing purchasing strategies, negotiating with suppliers, and ensuring compliance with internal and external policies and regulations. The ideal candidate will possess strong analytical skills, exceptional negotiation capabilities, and a deep understanding of market trends. Additionally, this role requires excellent communication skills and the ability to work collaboratively with various departments to identify the company's procurement needs and support operational goals.

Responsibilities

• Develop and implement effective procurement strategies across multiple product categories.
• Conduct market research to identify potential suppliers and assess their capabilities.
• Negotiate contracts with suppliers to secure advantageous terms and pricing.
• Manage supplier relationships to ensure ongoing performance and contract compliance.
• Collaborate with departments to forecast procurement needs based on project requirements.
• Evaluate supplier performance through metrics and report findings to management.
• Monitor market trends to make informed purchasing decisions and mitigate risks.
• Ensure compliance with company policies, industry standards, and regulatory requirements.
• Prepare and maintain accurate procurement documentation and reports for audit purposes.
• Resolve conflicts that arise with suppliers in a professional and timely manner.
• Estimate and plan budgets for procurement activities and optimize procurement costs.
• Train and mentor junior procurement staff to develop procurement knowledge and skills.

Requirements

• Bachelor’s degree in supply chain management, business administration, or related field.
• A minimum of three years of experience in procurement or a similar role.
• Proficiency in procurement software and Microsoft Office Suite is required.
• Excellent negotiation, communication, and interpersonal skills are critical for this role.
• Strong analytical skills with the ability to analyze data and make strategic decisions.
• Familiarity with market research, data analysis, and purchasing best practices.
• Ability to manage multiple projects and prioritize tasks effectively under tight deadlines.
• Detail-oriented mindset with strong organizational skills and a focus on accuracy.