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Experienced Commodity Procurement Specialist
2 months ago
Position Overview: Commodity Procurement Specialist
We are seeking a skilled individual with a strong understanding of market dynamics and supplier relations to enhance our procurement division. As a Commodity Procurement Specialist, you will be instrumental in sourcing, negotiating, and acquiring vital commodities for our organization.
Core Responsibilities:
- Monitor market dynamics, commodity pricing, and supplier capabilities to facilitate informed procurement decisions.
- Engage with suppliers to negotiate favorable terms and establish beneficial agreements.
- Develop and implement cost-efficient strategies while ensuring product quality and dependability.
- Prepare and negotiate contracts, overseeing supplier performance and adherence to agreements.
- Collaborate with quality assurance teams to maintain high product standards.
- Coordinate with inventory management to ensure optimal stock levels are maintained.
- Identify potential supply chain risks and develop strategies to mitigate them.
- Ensure adherence to regulatory requirements, organizational policies, and ethical standards.
- Compile and present reports on procurement performance, cost savings, and market insights.
Required Qualifications and Skills:
- Bachelor's degree in Business Administration, Supply Chain Management, or a related discipline.
- Demonstrated experience in procurement, ideally within a specialized sector.
- Exceptional negotiation, communication, and analytical abilities.
- Familiarity with procurement software and a solid understanding of supply chain best practices.
- Detail-oriented with the capability to manage multiple priorities efficiently.
- Able to work independently as well as collaboratively within a team setting.
- Commitment to ethical and professional standards in all aspects of work.