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Lead Procurement Specialist

2 months ago

Somerset, United States On Target Staffing Full time
Job Overview

Comprehensive Job Overview

REQUIRED QUALIFICATIONS AND PREFERRED SKILLS:

  • A minimum of six years of experience in procurement is preferred, with a focus on Nutraceuticals or Pharmaceuticals being advantageous.
  • Exceptional interpersonal abilities to collaborate effectively with team members, clients, and suppliers.
  • Meticulous attention to detail to guarantee the accuracy of all purchase orders.
  • Team-oriented mindset.
  • Strong mathematical skills to ensure accurate calculations and prevent potential financial losses for the organization.
  • A dynamic, innovative, and ethical professional with a positive image.
  • Flexibility and comfort in a fast-paced work environment.
  • Proficient in presenting information and addressing inquiries from managers, suppliers, and colleagues.
  • Familiarity with ERP Systems and SysPro is a plus, along with an understanding of purchase order software platforms.

KEY RESPONSIBILITIES:

  • Generate purchase orders based on lead times, minimum order quantities (MOQ), and pricing.
  • Implement and adhere to purchasing protocols in alignment with supplier lead times and internal testing schedules.
  • Oversee demand management for commercial projects.
  • Supervise demand management for research and development initiatives.
  • Accountable for ordering and coordinating materials and/or services for production, office, and staff needs.
  • Process orders, modifications, confirmations, returns, and other transactions daily utilizing the MRP system.
  • Organize and schedule logistics for incoming components, both domestically and internationally.
  • Collaborate with the Procurement Manager to enhance efficiency for each component (MOQ, batch sizes, delivery schedules, etc.) to optimize internal processes and reduce costs.
  • Work with the Procurement Manager to leverage available forecasts for components to maximize purchasing power.
  • Maintain safety stock levels in accordance with internal plans.
  • Ensure safety stock aligns with customer commitments.
  • Share availability of raw materials and packaging materials for commercial purchase orders and R&D requirements as per planner specifications.
  • Understand raw material and packaging material specifications.
  • Address and resolve any out-of-stock materials and rejected materials in coordination with the Quality Department.
  • Ensure the availability of raw materials and packaging materials as per production schedules.
  • Maintain clear and accurate communication with the team.
  • Collaborate with the Procurement Manager to evaluate quality, pricing, reliability, technical support, and availability of goods and services.
  • Escalate issues to the Purchasing Manager as necessary.
  • Develop purchasing strategies that guarantee consistent inventory availability within the company's budgetary constraints.
  • Assess financial risks associated with purchases according to schedules.
  • Monitor inventory value in relation to daily purchases.
  • Maintain records and systems that reflect a professional approach to purchasing activities.
  • Engage in process improvement initiatives or other special projects as assigned.

This position requires onsite attendance from Monday to Friday.

Company Overview

On Target Executive Search operates as a division of On Target Staffing, LLC. With a network of 30 offices across the United States, we provide tailored services to both local and national companies and individuals. Recognizing that a standardized approach does not meet every need, we focus on personalized solutions that align with your unique requirements. Our goal is to thoroughly understand your business objectives, identify the most suitable position for you, and enhance your opportunities for success. We look forward to collaborating with you.