Procurement Coordinator 18F26

The Procurement Coordinator is responsible for overseeing and managing the purchasing activities within an organization. This position plays a crucial role in ensuring that the company procures necessary goods and services at the best possible prices without compromising on quality. The Procurement Coordinator works closely with vendors, negotiating contracts, and securing advantageous deals to meet the operational needs of the organization. This role requires exceptional organizational skills, attention to detail, and the ability to handle a dynamic workload while maintaining strong relationships with suppliers. The Procurement Coordinator also collaborates with different departments to understand their procurement needs and provides support to ensure that the supply chain processes are efficient and cost-effective.

Responsibilities

• Coordinate procurement activities, ensuring timely and cost-effective acquisition of goods and services.
• Maintain positive relationships with existing suppliers and identify potential new vendors.
• Evaluate supplier performance to ensure compliance with quality requirements and delivery timelines.
• Develop and implement purchasing strategies to optimize procurement processes and reduce costs.
• Collaborate with internal departments to forecast procurement needs and budget requirements.
• Negotiating contracts and terms with suppliers to secure effective agreements.
• Monitor inventory levels to ensure prompt replenishment and avoid stock shortages.
• Prepare and process purchase orders, and manage documentation associated with goods receipt and dispatch.
• Conduct market research to stay informed about pricing trends and emerging suppliers.
• Support compliance with company policies and procurement regulations.
• Analyze procurement data to report on key metrics and provide insights for decision-making.
• Facilitate resolution of supplier disputes and discrepancies in a timely manner.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 3 years of experience in procurement or purchasing roles.
• Strong negotiation skills with a proven track record of successful negotiations.
• Excellent communication skills to liaise effectively with suppliers and colleagues.
• Ability to work independently and manage multiple tasks with competing priorities.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.
• Analytical mindset with the ability to interpret and analyze procurement data effectively.