Copy of Procurement Specialist

Key Responsibilities

• Manage the full procurement cycle, including sourcing, vendor selection, purchase orders, contract administration, and supplier performance management.
• Research, evaluate, and negotiate with suppliers to obtain optimal pricing, quality, delivery, and service terms.
• Develop and maintain strong relationships with suppliers and internal stakeholders.
• Prepare and process purchase requisitions, purchase orders, and related procurement documentation.
• Monitor inventory levels and coordinate purchasing activities to meet operational requirements.
• Analyze spending trends and identify opportunities for cost savings and process improvements.
• Ensure procurement activities comply with company policies, contractual obligations, and applicable regulations.
• Review supplier proposals, bids, and contracts to support informed purchasing decisions.
• Resolve vendor issues related to pricing, quality, delivery, invoicing, and performance.
• Track key procurement metrics and provide regular reports to leadership.
• Collaborate with Finance, Operations, and department leaders to forecast purchasing needs and budgets.
• Maintain accurate procurement records and supplier databases.

Requirements

• Required Qualifications:
• Bachelor's degree in Supply Chain Management, Business Administration, Finance, Operations Management, or a related field.
• 3+ years of procurement, purchasing, sourcing, or supply chain experience.
• Knowledge of purchasing practices, contract management, and vendor negotiations.
• Strong analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office Suite, particularly Excel.
• Experience working with ERP, purchasing, or procurement management systems.
• Ability to manage multiple priorities in a fast-paced environment.
• Preferred Qualifications:
• Professional certification such as Certified Professional in Supply Management (CPSM), Certified Purchasing Professional (CPP), or equivalent.
• Experience with strategic sourcing initiatives.
• Knowledge of supplier performance management and procurement analytics.
• Experience in manufacturing, healthcare, technology, construction, or other relevant industry environments.

Key Competencies

• Negotiation and influencing skills
• Strategic thinking
• Vendor relationship management
• Financial and business acumen
• Data analysis and reporting
• Project management
• Collaboration and teamwork
• Ethical decision-making
• Customer Service Orientation