Procurement Specialist
4 days ago
Job Description:
Job description: The Procurement Specialist will be responsible for sourcing and purchasing high-quality products that meet our organization's needs. This role requires in-depth knowledge of the relevant markets and technologies, along with strong negotiation skills to secure the best terms and pricing. The ideal candidate will have a proven track record in procurement and a deep understanding of the lighting, solar, EV, EC motors, and electrical items sectors.
Responsibilities:
- Research, analyze, and select suppliers for lighting, solar, EV, EC motors, and electrical items based on quality, cost, delivery, and reliability.
- Develop and maintain strong relationships with suppliers to ensure timely and cost-effective procurement of materials and equipment.
- Collaborate with cross-functional teams to understand procurement needs and align purchasing strategies with overall business goals.
- Negotiate contracts, pricing, and terms with suppliers to secure optimal agreements.
- Monitor market trends, product innovations, and supplier performance to identify opportunities for improvement and cost savings.
- Maintain accurate records of purchases, pricing, and inventory levels in relevant databases.
- Prepare and present procurement reports to management, highlighting key metrics and supplier performance.
- Ensure compliance with company policies and industry regulations in all procurement activities.
Technical Requirements:
Skills and qualifications - Hard and soft skills:
- Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field.
- Minimum of 5years of experience in procurement, with a focus on lighting, solar, EV, EC motors, or electrical items.
- Strong understanding of product specifications, market trends, and supplier capabilities in the relevant sectors.
- Excellent negotiation skills and experience managing supplier relationships.
- Proficiency in MS Excel and experience with procurement software and databases.
- Strong analytical skills, with the ability to interpret data and make informed decisions.
- Exceptional attention to detail and organizational skills.
- Positive, team-oriented attitude with a commitment to continuous improvement. Hard and Soft Skills:
- Strong time management skills and the ability to prioritize tasks effectively.
- Diligent with great attention to detail, ensuring accuracy in all procurement activities.
• Comfortable with multi-tasking and managing multiple projects simultaneously.
• Ability to analyze and interpret data to inform procurement strategies.
• Professional customer service skills, particularly in a B2B context.
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