Procurement Specialist

Responsibilities

• Track orders, resolve inquiries, and communicate with suppliers and internal stakeholders, to ensure on-time delivery of products; collaborating to expedite delivery where needed
• Analyze inventory and prepare purchase orders in ERP System (Epicor/P21) to maintain adequate stock levels for customer needs through research into our inventory system, demand trends, lead times, and past purchase orders
• Identify slow-moving and unproductive inventory and work with the Sales team to liquidate inventory, as needed
• Perform data analytics to assess accurate min/max inventory settings, re-order point levels, safety stock levels, and forecast accuracy
• Participate in monthly SIOP process and provide insights into customer/ supplier trends
• Leverage Power BI to report on various performance metrics and KPIs
• Create and maintain updated data in the company ERP system, including current costs and pending purchase orders, and delivery dates
• Partner with the Quality & Engineering departments and vendors to ensure purchased items meet specific quality standards, and take action to resolve any discrepancies
• Review and reconcile any variances between purchase orders and invoices to ensure accuracy, while maintaining product availability at or above targeted levels

Requirements

• Associates or Bachelor’s degree in a related field of study, or 5+ years of hands-on procurement experience
• 3+ years of experience working in procurement
• Proficient with ERP Systems (Epicor/P21) and data analytics tools (Power BI, Web Query)
• Proficient with MS Excel, MS PPT and other MS Office Suite tools
• The ability to travel up to 10%
• Experience working in the bearings or power mechanical transmission (MPT) industry
• LEAN/ Process improvement experience
• International procurement experience
• APICS certification

Qualifications

• Market competitive benefits package, including company-sponsored health coverage, life insurance, 401(k) plan with company match, paid parental leave and paid time off

Skills

• Strong communication skills
• Problem-solving and solutions-oriented approach
• Data analysis
• Supplier relationship building
• Negotiation

Benefits

• Work in a collaborative environment with passionate and innovative teammates