Procurement Category Specialist

2 weeks ago


Elgin, Illinois, United States LYMC Full time

Exciting Opportunity in Procurement

We are looking for a dedicated and resourceful Procurement Category Specialist to collaborate closely with our Procurement Director. This role is ideal for individuals with one to two years of relevant experience who are eager to grow within a thriving consumer products organization.

Key Responsibilities:

Strategic Sourcing:

  • Conduct thorough research to identify and develop suppliers, technologies, and finished products, while keeping an eye on market trends for potential advantages.
  • Effectively communicate and implement category strategies.
  • Manage competitive bidding processes for assigned categories.
  • Negotiate contracts with suppliers to secure favorable terms.

Supplier Relationship Management:

  • Develop performance scorecards with relevant KPIs and conduct quarterly business reviews.
  • Formulate strategies to achieve annual cost savings.
  • Lead initiatives aimed at process and cost improvements.
  • Act as the primary contact for resolving issues related to quality, pricing, service, and delivery.
  • Oversee transitions between suppliers.

Category Management:

  • Create an annual category plan that includes demand forecasting, SKU segmentation, and optimal inventory policies.
  • Continuously seek opportunities for improvement.

Supply Risk Management:

  • Utilize risk management tools and market analysis to inform purchasing decisions.
  • Monitor supplier intelligence and market conditions to adjust pricing and availability strategies.
  • Proactively identify and qualify alternative supply sources.

Orders, Forecasts, and Deliveries:

  • Prepare and send forecasts to suppliers on an annual, quarterly, and monthly basis.
  • Track production schedules and inventory levels, making adjustments as necessary.
  • Regularly update release orders for pricing, delivery schedules, and quantities.
  • Assess the availability of finished goods and adjust orders based on demand.
  • Monitor overdue finished goods to ensure a steady supply chain.
  • Investigate and resolve issues arising from shortages proactively.

This position offers a competitive compensation package and comprehensive health benefits within a supportive and friendly work environment.



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