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Procurement Specialist

2 months ago

Memphis, Tennessee, United States ASSA ABLOY Full time

The Procurement Specialist will oversee the creation and management of purchase orders, conduct cost assessments, and handle supplier relations to negotiate pricing, terms, and delivery schedules. This role involves updating and maintaining management reports and ERP supply chain information, as well as monitoring stock levels and contributing to the development of inventory management strategies and processes. Collaboration with cross-functional teams is essential to ensure the highest quality and standards for ASSA ABLOY's final products.

Key Responsibilities:

Primary Focus

  • Management of Purchase Orders: Creation, Monitoring, Adjustment
  • Conducting Cost/Value Assessments on supplier offerings, including RFQ processes
  • Active participation in negotiations for all purchased components and materials
  • Establishing and nurturing key supplier partnerships
  • Identifying and recommending new suppliers to enhance cost efficiency, performance, and quality
  • Monitoring and evaluating supplier performance
  • Collaborating with quality, engineering, and manufacturing teams to address non-conforming materials and resolve issues to meet both customer and company standards
  • Preparing management reports and documentation
  • Coordinating with accounting and suppliers to resolve invoice discrepancies and ensure alignment between purchase orders and invoices
  • Facilitating transitions of suppliers and products
  • Thriving in a fast-paced environment that demands urgency in addressing the needs of both internal and external stakeholders
  • Additional duties as assigned
Additional Responsibilities
  • Management of Purchase Orders: Creation, Monitoring, Adjustment
  • Performing Cost/Value Assessments on supplier offerings
  • Negotiating costs for purchased components and materials
  • Monitoring and evaluating supplier performance concerning quality and delivery
  • Tracking Stock Outs and Monitoring Inventory Levels
  • Managing material and inventory levels through forecasting, planning, and analysis
  • Participating in team meetings, training sessions, and workshops to convey and gather information necessary for job functions
Qualifications, Skills, and Competencies

  1. Bachelor's degree in Supply Chain Management or a related field preferred.
  2. 5+ years of experience in Supply Chain Management
  3. APICS Certification is advantageous
  4. Strong analytical and decision-making abilities in forecasting, planning, and inventory management.
  5. High proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook).
  6. Exceptional negotiation capabilities.
  7. Strong verbal and written communication skills.
  8. Able to influence and collaborate with cross-functional teams without formal authority.
  9. Understanding of cost reduction strategies and initiatives.
  10. Previous relevant experience is preferred.
About ASSA ABLOY
As a global leader in access solutions, our workforce has made us who we are today. We value results over titles or backgrounds, empowering our employees to shape their careers around their aspirations and our goals. We support our team members with regular feedback, training, and development opportunities. Our colleagues think broadly about their impact and are encouraged to grow their roles locally, regionally, or even internationally.

We are committed to building diverse and inclusive teams, valuing different perspectives and experiences.