Procurement Coordinator (225-912)

A Procurement Coordinator plays a crucial role within an organization by managing purchasing activities and ensuring efficient supply chain operations. This role involves coordinating with suppliers to acquire products and services that meet the company's quality standards and are delivered on schedule. Procurement Coordinators are responsible for managing vendor relationships, negotiating contracts, and maintaining accurate records of purchases and prices. They must effectively communicate with internal teams to understand their needs and create procurement strategies that align with business objectives. An ideal candidate possesses strong analytical and negotiation skills, attention to detail, and the ability to work under pressure to meet deadlines. In addition, they are proactive in identifying cost-saving opportunities and are adept at using procurement software and tools.

Responsibilities

• Oversee the procurement process from requisition to delivery for all purchases.
• Negotiate favorable pricing and terms with suppliers and vendors consistently.
• Develop and maintain relationships with key suppliers to ensure the best service.
• Coordinate with internal departments to understand their procurement needs effectively.
• Ensure compliance with procurement policies and procedures across all transactions.
• Analyze market trends to identify potential changes and opportunities in pricing.
• Prepare and maintain accurate records and reports of purchasing activities and trends.
• Monitor supply market conditions and adjust procurement strategies as necessary.
• Implement strategies aimed at cost reduction without sacrificing quality and service.
• Conduct supplier performance reviews and address any issues or discrepancies timely.
• Collaborate with finance to ensure that payments and invoices are processed properly.
• Utilize procurement software to track purchases, inventory levels, and vendor information.

Requirements

• Bachelor’s degree in Business Administration, Supply Chain Management, or similar field.
• At least two years of experience in procurement or a related field is required.
• Strong negotiation and communication skills for dealing with suppliers and stakeholders.
• Proficiency in procurement software and tools, such as SAP, Oracle, or Ariba.
• Exceptional attention to detail and ability to manage multiple tasks efficiently.
• Understand supply chain operations and strategic sourcing concepts thoroughly.
• Ability to analyze supply and demand equations and forecast procurement needs.