Procurement Specialist
8 hours ago
Job Summary:
The Procurement Specialist is responsible for sourcing, negotiating, and purchasing goods and services to meet the organization's operational requirements. This role ensures cost-effectiveness, quality, and timely delivery while maintaining strong relationships with suppliers and adhering to company policies and compliance standards.
Key Responsibilities:
- Develop and implement effective procurement strategies aligned with company goals.
- Source and evaluate suppliers based on price, quality, service, and reliability.
- Negotiate contracts, terms, and pricing agreements to ensure the best value for the company.
- Prepare and process purchase orders, requisitions, and related documentation.
- Monitor supplier performance and maintain strong vendor relationships.
- Coordinate with internal departments (e.g., Finance, Operations, and Inventory) to ensure timely delivery of goods and services.
- Analyze market trends to identify new opportunities and cost-saving measures.
- Maintain accurate procurement records and documentation for auditing and compliance purposes.
- Ensure compliance with company policies, procurement standards, and legal requirements.
- Resolve supplier issues and discrepancies in invoices, deliveries, or payments.
Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, or related field.
- At least 2–4 years of experience in procurement, purchasing, or supply chain management.
- Strong negotiation, communication, and analytical skills.
- Proficiency in MS Office applications (Excel, Word, PowerPoint) and procurement systems (e.g., SAP, Oracle, or similar).
- Knowledge of sourcing and procurement techniques as well as market analysis.
- High attention to detail and organizational skills.
- Ability to work under pressure and manage multiple priorities.
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