Procurement Specialist (225-909)

The Procurement Specialist is a vital role within any organization, responsible for acquiring goods and services that meet the strategic needs of the company while ensuring cost-effectiveness and quality. This role requires a keen understanding of the supply chain and purchasing processes, and a strong background in negotiating contracts and managing supplier relationships. The Procurement Specialist plays a crucial part in the planning and execution of procurement strategies, ensuring that the company's resources are used effectively, and that the procurement activities align with the company’s business goals. The role demands excellent analytical skills, strong communication abilities, and a proactive approach to problem-solving to streamline operations and ensure all procurement processes are handled with the utmost efficiency.

Responsibilities

• Develop and implement procurement strategies to meet organizational goals and objectives.
• Analyze market and delivery trends to develop procurement technologies and processes that support operations.
• Negotiate contracts with suppliers to secure the best terms and conditions.
• Manage relationships with key suppliers to maintain quality and delivery performance standards.
• Monitor supplier performance and resolve issues and concerns promptly and efficiently.
• Evaluate suppliers based on price, quality, and delivery in order to determine best options.
• Prepare procurement reports and analysis to assist in decision-making and strategy development.
• Collaborate with cross-functional teams to understand and fulfill procurement needs.
• Ensure compliance with corporate procurement policies and procedures.
• Conduct regular audits to ensure procurement processes are followed effectively.
• Keep abreast of market trends and innovations in procurement practices.
• Work to improve purchasing systems and processes for enhanced efficiency and cost savings.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or related field.
• Proven experience as a Procurement Specialist or in a similar role in procurement.
• Strong negotiation skills and experience in contract management and supplier relationships.
• Excellent analytical and problem-solving skills, with a detail-oriented approach.
• In-depth knowledge of procurement best practices and market trends.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.
• Excellent communication and interpersonal skills, with the ability to work cross-functionally.