Job Description
Job Title: Procurement Specialist
Position Summary:
The Procurement Specialist plays a key role in supporting production and operations by ensuring materials and services are sourced efficiently, cost-effectively, and on time. This position is responsible for purchasing activities, supplier coordination, and inventory support to maintain uninterrupted workflow and meet organizational goals.
Key Responsibilities:
- Review purchase requests and issue purchase orders based on business needs and approvals.
- Monitor supply chain updates and adjust procurement plans to avoid delays.
- Analyze market trends and identify opportunities for cost savings and improved sourcing.
- Ensure purchasing aligns with budget goals, tracking variances between expected and actual costs.
- Monitor inventory levels and ensure timely availability of materials to support production schedules.
- Source and evaluate vendors; manage contract negotiations and maintain strong supplier relationships.
- Oversee and manage supplier agreements, ensuring compliance with company standards and regulatory requirements.
- Collaborate with internal departments to validate demand forecasts, support new materials or equipment implementation, and resolve procurement-related issues.
- Partner with leadership to explore alternative sourcing options and improve supply chain performance.
- Track vendor performance metrics (e.g., delivery timeliness, quality, and reliability).
- Resolve payment discrepancies with Finance and Accounts Payable.
- Contribute to the development and adherence of procurement policies and procedures.
Qualifications:
- Bachelor’s degree in Business, Supply Chain Management, or related field preferred; equivalent work experience considered.
- Minimum of 2–5 years of procurement or supply chain experience, preferably in a manufacturing or production environment.
- Strong organizational and problem-solving skills, with the ability to manage multiple priorities.
- Excellent communication skills, both written and verbal.
- Detail-oriented, with a focus on accuracy and quality.
- Familiarity with procurement systems; SAP experience preferred.
- Proficient in Microsoft Office (Word, Excel, PowerPoint).
- Ability to work effectively in a fast-paced, team-oriented environment.
- Knowledge of procurement best practices, supplier management, and budgeting principles is a plus.
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