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Supply Chain Procurement Analyst
2 months ago
POSITION OVERVIEW
The Procurement Specialist plays a crucial role in supporting the Senior Buyer with the acquisition of essential goods and services for the organization.
This position encompasses assessing suppliers, negotiating agreements, and ensuring that all products and services align with the company's standards regarding cost, quality, timeliness, and dependability.
KEY RESPONSIBILITIES include the following (additional tasks may be assigned):- Assist in identifying and sourcing new suppliers and vendors.
- Foster strong relationships with current suppliers and assess their performance to guarantee adherence to company standards and expectations.
- Negotiate terms and conditions with suppliers, covering pricing, delivery timelines, and quality specifications.
- Process purchase orders, ensuring accurate terms and prompt execution.
- Monitor inventory levels and initiate orders to replenish stock as necessary.
- Collaborate with internal departments to predict future purchasing needs and comprehend product specifications.
- Conduct market analysis to uncover emerging trends and potential cost-saving opportunities.
- Stay updated on industry developments that may influence demand and supply dynamics.
- Assist in budget preparation and management activities.
- Generate regular reports on purchase commitments, expenditures, and delivery performance.
- Evaluate the financial implications of purchasing decisions and seek opportunities to reduce costs and enhance efficiencies.
- Ensure compliance with the company's internal policies and external regulations.
- Work closely with the quality control department to verify the quality of received goods and services.
- Address and resolve issues related to delivery discrepancies, invoice mismatches, and quality non-conformance.
- Provide support for special projects and initiatives as directed by the Senior Buyer.
- Engage in continuous improvement activities to refine procurement processes.
PHYSICAL REQUIREMENTS:
Prolonged periods of sitting at a desk are typical, as the role often involves working on a computer, managing phone calls, and handling paperwork.
Frequent use of a computer and other office equipment like printers and scanners, which requires manual dexterity and the ability to operate standard office devices.
Regular need to move within the office to access files, operate office equipment, and attend meetings.Occasionally may need to handle or move objects such as office supplies or small packages, typically weighing less than 20 pounds.
Depending on the company and the specific nature of the procurement, there might be a need to visit suppliers, manufacturers, or warehouses.
This can involve traveling by car, plane, or other means and sometimes walking through large facilities.Ability to adapt to different environments, such as industrial settings or external vendor locations, which might require walking, standing, and occasional bending or lifting.
QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required:
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- 1-3 years of experience in a procurement or purchasing role.
- Strong understanding of procurement and inventory management systems.
- Excellent negotiation and communication skills.
- Analytical thinker with strong problem-solving abilities.
- Proficient with Microsoft Office Suite and any relevant purchasing software.
Employment Classification:
Full Time Hourly Non-Exempt
Duties and responsibilities may be changed at any time at the discretion of management, formally or informally, either verbally or in writing.
All employees are at-will employees.PM23
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