Procurement Specialist: Cost Reduction and Supply Chain Management
6 days ago
We are seeking an experienced Procurement Specialist to join our team at Randstad USA. As a key member of our procurement team, you will play a vital role in driving global cost reduction initiatives and ensuring supply assurance through collaboration with plants and suppliers.
Key Responsibilities:
- Collaborate on short and long-term sourcing plans, considering demand forecasts, economic trends, and currency conditions.
- Assist in executing e-auctions, RFIs, RFPs, and RFQs to secure the best possible prices for our clients.
- Drive cost reduction initiatives by monitoring raw material prices and identifying opportunities for savings.
- Ensure supply assurance through effective communication and collaboration with suppliers and internal stakeholders.
- Manage logistics and inventory for company-owned kegs, ensuring timely delivery and minimizing waste.
- Support risk mitigation and cost-effective procurement strategies to minimize financial exposure.
- Handle non-disclosure agreements (NDAs) and certificates of analysis (COAs) between suppliers and manufacturing facilities.
- Foster open communication between teams to resolve materials and quality issues, promoting a culture of transparency and accountability.
- Participate in cross-functional teams to identify process improvements and optimize business outcomes.
Performance Metrics:
- Contribution metrics, such as cost savings and supplier performance ratings.
- Global objectives performance, including sales growth and customer satisfaction.
Required Competencies:
- Influencing and negotiation skills to effectively communicate with suppliers and internal stakeholders.
- Strong analytical skills and financial management expertise to drive cost reduction initiatives and optimize business outcomes.
- Ability to manage ambiguity and adapt to change, ensuring flexibility and resilience in a fast-paced environment.
- Integrity, empathy, and respect in leadership, promoting a positive and inclusive work culture.
Required Experience/Education:
- Bachelor's degree in a relevant field, such as procurement, supply chain management, or finance.
- Proven experience working on project teams, with a strong track record of delivering results and meeting deadlines.
- Strong Excel and analytical skills, with the ability to analyze complex data and develop insights-driven recommendations.
Desired:
- Experience in materials planning, logistics, manufacturing, supply chain, finance, or as a senior buyer, with a deep understanding of industry trends and best practices.
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