Strategic Procurement Specialist
2 weeks ago
Job Title: Strategic Procurement Specialist
Nathan HR Human Resources is seeking a skilled Strategic Procurement Specialist to join our team. This exciting role offers an excellent opportunity to work with a dynamic organization and contribute to the success of our procurement function.
Job Summary:
The Strategic Procurement Specialist will be responsible for managing the company's purchasing activities to ensure timely and cost-effective acquisition of goods, materials, and services. This includes supplier management, negotiating contracts, ensuring compliance with company policies, and maintaining good relationships with vendors.
Key Responsibilities:
- Vendor Management:
- Identify and assess potential suppliers based on cost, quality, and reliability.
- Build and maintain strong relationships with vendors and suppliers.
- Monitor supplier performance and resolve issues related to delivery, quality, or pricing.
- Process purchase orders and ensure timely delivery of goods and services.
- Collaborate with internal departments to determine purchasing needs and specifications.
- Review purchase requisitions for accuracy and ensure compliance with the procurement policy.
- Maintain accurate records of purchases, pricing, and other important data.
- Negotiate favorable terms, pricing, and conditions with suppliers.
- Ensure contracts are complete and align with company policies and objectives.
- Monitor market trends and prices to identify cost-saving opportunities.
- Assist in managing inventory levels to prevent overstocking or stockouts.
- Coordinate with warehouse and logistics teams to ensure smooth delivery and storage of goods.
- Monitor procurement budgets and ensure cost-effective purchasing.
- Identify opportunities for reducing costs without compromising quality.
- Ensure compliance with legal, ethical, and company standards during procurement activities.
- Prepare and present regular reports on procurement activities, supplier performance, and cost savings.
- Evaluate and improve procurement processes to enhance efficiency and cost-effectiveness.
- Stay updated with industry trends, best practices, and new technologies in procurement.
Requirements:
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- 2-4 years of experience in procurement, purchasing, or supply chain management.
- Knowledge of contract law and supplier agreements is a plus.
- Certification in procurement (such as CPSM, CIPS) is preferred.
Estimated Salary: $60,000 - $80,000 per year.
Nathan HR Human Resources is an equal opportunities employer. We offer a competitive salary and benefits package, including health insurance, retirement plan, and paid time off.
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