Procurement Specialist

The Procurement Specialist is responsible for executing and managing the procurement lifecycle, including vendor management, issuing and managing purchase orders, conducting purchasing analyses, and supporting the development of procurement strategies. This position requires a proactive approach to managing supplier relationships, ensuring compliance with purchasing policies, and identifying cost-saving opportunities.

Your tasks

Vendor Management: Establish and maintain effective relationships with key suppliers and vendors, ensuring alignment with company quality standards and operational goals. Negotiate contracts, monitor supplier performance, and resolve any supplier-related issues.

Purchase Order Management: Create, issue, and monitor purchase orders, ensuring accuracy, timeliness, and compliance with procurement policies. Work closely with finance and operations to track and confirm the fulfillment of orders.

Purchasing Analysis: Conduct regular analyses of purchasing trends, identify areas for cost optimization, and prepare reports on spending patterns, supplier performance, and potential savings. Use data to support informed decision-making within the procurement team.

Strategic Procurement: Support the procurement team in executing purchasing strategies that align with project timelines and budget requirements. Contribute to sourcing decisions and evaluate potential new suppliers based on quality, reliability, and cost-effectiveness.

Compliance and Process Improvement: Ensure all procurement activities comply with internal policies and external regulations. Participate in continuous improvement initiatives to streamline procurement workflows, enhance efficiency, and reduce costs.

Collaboration: Partner with cross-functional teams including project management, finance, and logistics to support seamless operations and address any procurement-related challenges. Act as a liaison between the company and suppliers for product inquiries, order updates, and issue resolution.

Job Requirements

Bachelor’s degree in Supply Chain Management, Business Administration, or a related field. Relevant certifications (e.g., CPSM, CPIM) are a plus.

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