Procurement Specialist
4 weeks ago
Responsibilities:
• Efficiently manage stock levels to prevent shortages of stocked items.
• Act as a subject matter expert in the company's ERP system, focusing on areas such as data entry, messaging, job queues, batching, forecasting, and purchase-related processes.
• Monitor and maintain inventory levels to meet established targets and parameters.
• Oversee purchasing and service level metrics, ensuring clear communication with both vendors and internal teams on stock availability and risks.
• Make data-driven decisions on order quantities based on sales trends, seasonal factors, terms, discounts, and vendor programs.
• Ensure accurate entry of purchase orders and inventory transfers.
• Develop and implement best practices within the team.
• Handle purchase order entry and inventory transfer management across the company’s distribution network.
• Assist with special order processes as needed.
• Identify and manage vendor rebate and inventory balancing opportunities.• Proficient in procurement software such as '3M', 'Coupa', 'CRM', 'ERP - Enterprise Resource Planning' and 'ERP Solutions'.
• Demonstrable experience in time management software 'About Time'.
• Acquainted with budget processes and buying processes in a retail environment.
• Strong customer service skills to manage vendor relationships effectively.
• Familiarity with invoice processing and purchasing management.
• Capable of handling all purchasing functions within a purchasing department.
• Experience in purchasing activities, including purchasing materials and purchasing planning.
• Knowledge of corporate procurement processes and global procurement strategies.
• Exceptional negotiation skills and the ability to manage supplier relationships.
• Strong problem-solving skills and the ability to think critically and make decisions under pressure.
• Excellent communication and interpersonal skills for effective collaboration with team members and stakeholders.
• A bachelor's degree in Business Administration, Supply Chain Management, or a related field is preferred.
• Proven track record of improving efficiency and effectiveness of the procurement process.
• Advanced skills in Microsoft Office Suite, particularly Excel.
• Strong analytical skills, with the ability to create financial reports and conduct cost analyses.
• Willingness to travel as required.
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