Procurement Specialist

Procurement Specialist
The Procurement Specialist is crucial for supporting production and operations by efficiently sourcing materials and services on time. This role involves managing purchases, coordinating with suppliers, and providing inventory support to ensure a smooth workflow and meet organizational goals.

Responsibilities:

• - Review purchase requests and place orders based on business needs.
• - Adjust procurement plans to prevent delays, based on supply chain updates.
• - Look for cost-saving opportunities and better sourcing by analyzing market trends.
• - Ensure purchasing stays within budget by comparing actual costs to expected costs.
• - Keep track of inventory levels to ensure materials are available for production.
• - Assess vendors, negotiate contracts, and maintain good supplier relationships.
• - Make sure supplier agreements follow company standards and regulations.
• - Work with internal teams to confirm demand forecasts and solve procurement issues.
• - Seek alternative sourcing options to improve the supply chain.
• - Monitor vendor performance on delivery times and quality.
• - Resolve payment issues with Finance and Accounts Payable.
• - Help create and follow procurement policies and procedures.

Qualifications:

• Bachelor’s degree in Business, Supply Chain Management, or related field preferred; relevant experience accepted.
• 2 to 5 years of procurement or supply chain experience, ideally in manufacturing.
• Strong organizational and problem-solving skills.
• Familiar with procurement systems; experience with SAP is a plus.
• Proficient in Microsoft Office (Word, Excel, PowerPoint)
• Knowledge of procurement best practices and budgeting.