Procurement Specialist

2 months ago


Ridgefield Park, United States Samsung SDS Full time

Position Overview: We are looking for a detail-oriented Procurement Specialist to join our team. As a procurement specialist, you play a pivotal role in optimizing supply chain efficiency, and driving cost savings. By collaborating closely with cross-functional teams, you’ll play a pivotal role in sourcing the best suppliers, negotiating favorable contracts, and ensuring the smooth flow of services, ultimately driving the success of our projects. As a part of the Procurement Team you will be working alongside the top-notch teams who are driving innovation and developing cutting-edge products with global impact. The ideal candidate for this role has passion for technology, understanding of procurement processes and outsourcing management, as well as meticulous attention to details and exceptional communication skills. This role is based in our regional headquarters in Ridgefield Park, NJ. Team works on a hybrid schedule: 3 days in the office, 2 days from home. Responsibilities: Develop and implement outsourcing processes such as negotiating price, contract renewals, and cost savings Identify and evaluate potential vendors and service providers Manage strong relationships with vendors to ensure competitive pricing and quality Guide established company onboarding procedures for outsourcing openings and communicate regarding required skill sets and conditions Act as a key administrator of the procurement system, monitoring and ensuring compliance with all aspects of the terms of a contract Monitor and evaluate vendor performance Perform resume and quote pre-screening and resolve pricing and condition conflicts with vendors as required Arrange interviews and interface with stakeholders to obtain procurement decisions from feedback on interviews and candidate status Work closely with the legal team to ensure contract execution and review Maintain documentation and records related to outsourcing activities Review invoices and timesheets and prepare monthly closing Perform other outsourcing duties as assigned or needed Maintain quote comparison with financial simulation and report the data for management’s final vendor selection Identify and implement cost-saving initiatives to optimize procurement Maintain comprehensive data of contracts, including key details such as renewal dates, payment terms, and performance metrics Minimum Requirements: Bachelor’s degree from an accredited college or university 3+ years of experience in procurement, outsourcing management, and IT service business development-related roles Proficient with Outlook, Microsoft Office applications – PowerPoint, Word, and Excel for handling cost analysis Strong time management skills with the ability to manage workload and prioritize tasks Strong analytical and negotiation skills Excellent communication and interpersonal skills Business traveling up to ~10% Work from the office on a hybrid schedule according to company policy Must be authorized to work for any employer in the U.S. Preferred: Familiar with SAP

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