Procurement Specialist

15 hours ago

Rochelle Park, United States Five Rivers IT Full time
At Five Rivers IT, we build and service reliable IT infrastructures for midsized businesses. Five Rivers IT has been growing at a consistent rate of 30% a year for the last 3 years. We are in search for a Procurement Specialist to join the dynamic team of professionals providing world class IT services to its clients in the NJ.

Job Summary:
The Procurement Specialist is responsible for managing the procurement process within the organization. This role ensures that all goods and services are purchased in a cost-effective, timely, and efficient manner while adhering to the company’s policies, budget, and quality standards. The Procurement Specialist will collaborate with internal departments, suppliers, and external stakeholders to identify procurement needs, evaluate vendors, and manage supplier relationships.

You will be working with our vendors to get and prepare quotes, 
Support our outside sales staff and process orders.  

Key Responsibilities:
  • Develop and implement procurement strategies to meet organizational needs and objectives.
  • Analyze and forecast demand for goods and services to maintain inventory levels and avoid shortages or overstocking.
  • Coordinate with internal departments to understand requirements and timelines, You will be working with our vendors to get and prepare quotes
  • Support our outside sales staff and process orders.
  • Identify, evaluate, and select suppliers based on cost, quality, delivery, and service capabilities.
  • Negotiate contracts, terms, and conditions with suppliers to ensure the best possible pricing and value for the organization.
  • Maintain strong relationships with suppliers and monitor performance to ensure compliance with contractual obligations.
  1. Procurement Process & Documentation:
    • Prepare and issue purchase orders, ensuring accuracy and timely delivery.
    • Review and process purchase requisitions and purchase orders to ensure proper authorization and adherence to budgetary constraints.
    • Track and manage the procurement process from order creation to delivery, resolving any issues or discrepancies that arise.
  2. Continuous Improvement:
    • Identify opportunities for process improvements within the procurement function and implement best practices.
    • Stay updated on market trends, industry standards, and emerging technologies to improve procurement efficiency and effectiveness.
Qualifications & Skills:
  • Education: Bachelor’s degree in Business, Supply Chain Management, Logistics, or a related field.
  • Experience:
    • Minimum of 1-3 years of experience in procurement, purchasing, or supply chain management.
    • Experience in negotiating contracts and managing supplier relationships.
    • Strong knowledge of procurement software and Microsoft Office Suite (Excel, Word, etc.).
  • Skills:
    • Strong negotiation, communication, and interpersonal skills.
    • Excellent organizational and time management skills with the ability to prioritize tasks effectively.
    • Analytical and problem-solving skills with attention to detail.
    • Ability to work independently and as part of a team.
    • Familiarity with procurement regulations, industry standards, and best practices.
Other Details about the Job
  • This is a Full-Time position.
  • All standard benefits are included such as medical/dental/vision insurance and vacation time.
  • We encourage and reward professional certifications
  • Salary will be based on experience. Please send your resume with the expected salary. Applications lacking expected salary will not be considered.
  • This is a hybrid role with a minimum of 3+ days per week in the Rochelle Park, NJ office. Please do not apply if you are not local or are not willing to relocate.

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