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Senior Procurement Specialist
1 month ago
CEM Corporation is a leading global provider of solutions for critical laboratory applications. As a worldwide leader in laboratory instrumentation and chemical solutions, the company was founded in 1978 and has nearly 200 patents and over 10 R&D 100 awards for its microwave-based products.
Job Summary:The Senior Buyer will oversee the procurement process and lead strategic sourcing initiatives for the organization. This role will play a crucial role in sourcing and procuring raw materials, negotiating, managing supplier relationships, and ensuring timely delivery of products at competitive prices.
Key Responsibilities:- Supplier Management: Identify, evaluate, and negotiate with suppliers to secure advantageous terms and agreements. Develop and maintain strong relationships with key suppliers.
- Cost Optimization: Implement cost-effective purchasing strategies without compromising quality and reliability. Continuously seek opportunities to reduce procurement costs.
- Quality Assurance: Collaborate with quality control teams to ensure purchased commodities meet the required standards and specifications.
- Inventory Management: Work closely with inventory management teams to maintain optimal stock levels and prevent shortages or overstock situations.
- Risk Management: Proactively identify potential risks in the supply chain and develop contingency plans to mitigate disruptions.
- Compliance: Ensure compliance with relevant regulations, company policies, and ethical standards in all procurement activities.
- Reporting and Market Analysis: Generate regular reports on procurement metrics, cost savings, and supplier performance. Analyze data to make data-driven decisions.
- Bachelor's Degree in Purchasing, Business Administration, or Finance
- 3+ years working in procurement
- Understanding of manufacturing processes, materials, and equipment
- Ability to analyze supply and demand trends, evaluate vendor performance, and negotiate terms, pricing, and conditions with vendors and suppliers
- Proficiency in managing multiple tasks, prioritizing work, and maintaining organized records
- Excellent verbal and written communication skills
- Proficiency with Microsoft applications (Outlook, Excel, Word, etc.)
- Significant ERP system skills required, preferably Microsoft Dynamics 365
CEM Corporation is an Equal Opportunity and Affirmative Action Employer. All applicants will be given equal consideration regardless of race, sex, age, color, national origin, marital status, religion, disability, or veteran status.