Procurement Specialist
2 weeks ago
Company Overview:
Founded in 1984, MAT Holdings, Inc. operates as a global entity with manufacturing facilities, distribution hubs, and sourcing offices across the globe. With a workforce of 14,000 employees in 12 countries, MAT is a diverse family of companies providing a wide range of opportunities.
The Procurement Specialist is tasked with overseeing material expenses, maintaining optimal inventory levels, and sourcing products for designated categories across various warehouses. This role necessitates close collaboration with suppliers to negotiate costs and ensure the prompt delivery of products. Furthermore, the position involves generating procurement reports and conducting relevant analyses for the department manager, along with potential special projects as required.
Primary Responsibilities:
- Engage with suppliers throughout the sourcing and purchasing lifecycle
- Issue purchase orders for both domestic and international vendors
- Track inventory levels to address seasonal fluctuations
- Deliver cost assessments to sales and marketing departments
- Acquire products in accordance with demand forecasts
- Coordinate with suppliers regarding material availability and shipments
- Address procurement challenges with vendors
- Collaborate across departments to ensure inventory fulfillment
- Suggest potential suppliers based on sourcing criteria
- Lead initiatives aimed at cost reduction
- Act as a communication bridge between internal teams and suppliers
- Oversee factory evaluations with the Asian Sourcing Coordinator
- Assist in the launch of new products and programs
- Participate in cross-training for essential purchasing tasks
- Negotiate contracts and agreements effectively
Required Qualifications:
- Bachelor's Degree
- At least three years of experience in global sourcing
- Preferred bi-lingual skills (English/Mandarin)
- Familiarity with MRP systems
- Proficient in Microsoft Office Suite
Key Competencies:
- Implement strategies aligned with corporate objectives
- Manage intricate project tasks
- Exhibit strong negotiation capabilities
- Demonstrate leadership across functions
- Possess critical thinking and problem-solving skills
- Excellent communication abilities
- Dedication to achieving results
- Highly organized and focused on outcomes
Additional Notes:
All information will be handled confidentially in accordance with EEO guidelines.
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