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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 evaluations, and handle supplier relations to negotiate pricing, terms, and delivery schedules. This role involves updating and maintaining management reports and ERP supply chain data, as well as monitoring inventory levels and contributing to the development of inventory management strategies and processes. The Procurement Specialist will collaborate with cross-functional teams to ensure the highest quality and standards for ASSA ABLOY's final products.

Key Responsibilities:

Position Focus

  • Management of Purchase Orders: Create, Monitor, Adjust
  • Conduct Cost/Value Evaluations on suppliers' products and services, including RFQ processes
  • Actively engage in negotiations for all purchased components and materials
  • Establish and nurture key supplier relationships
  • Research and propose new suppliers to enhance cost, performance, and quality
  • Oversee and assess supplier performance
  • Collaborate with quality, engineering, and manufacturing teams regarding non-conforming materials, resolving issues to meet both customer and company expectations
  • Prepare management reports and documentation
  • Coordinate with accounting and suppliers to address invoice discrepancies, ensuring alignment between contractual purchase orders and invoices
  • Facilitate transitions of suppliers and products
  • Adapt to a fast-paced environment that demands urgency in addressing the needs of both internal and external customers
  • Other duties as assigned
Additional Responsibilities
  • Management of Purchase Orders: Create, Monitor, Adjust
  • Perform Cost/Value Evaluations on suppliers' products and services
  • Negotiate pricing for purchased components and materials
  • Oversee and assess supplier performance related to quality and deliverables
  • Track Stock Outs and Monitor Inventory Levels
  • Manage material and inventory levels through support of forecasting, planning, and inventory analysis
  • Participate in team meetings, training sessions, and workshops to convey and gather information necessary for job functions
Qualifications and Skills

  1. Bachelor's degree in Supply Chain Management or equivalent relevant experience preferred.
  2. 5+ years of experience in Supply Chain Management
  3. APICS Certification is a plus
  4. Strong analytical and decision-making skills in forecasting, planning, and inventory management.
  5. High proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook).
  6. Exceptional negotiation skills.
  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 people are the cornerstone of our success. With nearly 61,000 colleagues in over 70 countries, we enable billions of people to experience a more open world. Our innovations enhance safety, security, and accessibility in both physical and virtual spaces.

We prioritize 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, encouraging them to grow their roles locally, regionally, or even internationally.

As we welcome new talent, we emphasize the importance of diverse and inclusive teams, valuing different perspectives and experiences.