Purchasing Specialist

Responsibilities

• Procurement & Vendor Management
• Place and finalize purchase orders, including offers based on demand and stock position.
• Negotiate with external vendors to secure advantageous terms and ensure compliance.
• Examine, test, and manage contracts; perform risk management for supply agreements.
• Collaborate with key stakeholders to clarify specifications and expectations.
• Track and report procurement metrics to reduce expenses and improve effectiveness.
• Control spending and foster a culture of long-term savings.
• Inventory & Demand Planning
• Review and implement replenishment processes.
• Manage inventory and forecast demand for assigned product categories.
• Use historical data, sales/marketing input, and market trends to improve forecasting.
• Analyze forecasting errors and implement corrective strategies.
• Cost & Market Analysis
• Obtain market intelligence to optimize purchasing decisions.
• Develop cost comparisons and reports to analyze expenditures and inventory.
• Capture and monitor business expenditures; support audits as needed.
• Logistics & Vendor Communication
• Communicate with vendors regarding purchase orders, capacity constraints, and shipment schedules.
• Plan production volumes to maximize container space.
• Assist with transportation planning to ensure timely deliveries.

Requirements

• Bachelor’s degree in business, supply chain management, or a related field is preferred.
• At least 2 years of experience in purchasing, procurement, or supply chain roles.
• Strong understanding of purchasing processes and vendor management.
• Proficiency in using procurement software and Microsoft Office applications.
• Excellent negotiation and communication skills.

Preferred Qualifications

• Experience in the food or spice industry is highly desirable.
• Familiarity with SAP or ERP software.
• Ability to analyze market trends and apply data-driven decision-making.
• Strong organizational skills with attention to detail.