Procurement Specialist
2 weeks ago
Key Responsibilities:
- Formulate and execute effective sourcing strategies to enhance purchasing operations.
- Identify and assess potential vendors, negotiate agreements, and maintain supplier partnerships.
- Examine market dynamics and pricing structures to secure a competitive edge and achieve cost efficiencies.
- Work collaboratively with various departments to facilitate production scheduling and inventory management.
- Employ MRP systems and additional tools to oversee and coordinate procurement tasks.
- Evaluate supplier performance and proactively resolve any issues that may occur.
- Keep abreast of industry developments, regulations, and best practices in procurement and supply chain management.
Qualifications:
- Bachelor's degree in Business Administration, Supply Chain Management, or a related discipline.
- Demonstrated experience as a junior buyer or in a comparable position within a manufacturing or distribution setting.
- In-depth understanding of procurement procedures, contract negotiation, and supplier relations.
- Proficient in utilizing AS400 or similar ERP systems for procurement functions.
- Knowledgeable about E-commerce platforms for sourcing and acquiring products.
- Exceptional analytical abilities to interpret market data and make informed choices.
- Comprehensive understanding of inventory management principles and practices.
- Experience in production planning and logistics coordination.
- Strong communication and negotiation skills to effectively engage with internal teams and external suppliers. Note: This job description is not exhaustive. The employee may undertake other related responsibilities as required to support the ongoing needs of the organization.
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