Procurement Coordinator

As a Procurement Coordinator, you will be responsible for managing all aspects of the company's purchasing processes. Your duties will include identifying potential suppliers, negotiating contracts, and ensuring timely delivery of goods and services. You will collaborate closely with various departments to understand their procurement needs and strategies, while also monitoring inventory levels and analyzing market trends to make informed purchasing decisions. Additionally, you will maintain accurate records of purchases, track expenses, and work to optimize procurement processes for efficiency and cost savings. The ideal candidate will have strong organizational skills, attention to detail, and excellent communication abilities to effectively manage vendor relationships and internal stakeholders. A degree in business, supply chain management, or related field is typically required, along with proven experience in procurement or a similar role.

Responsibilities

• Develop and maintain relationships with suppliers to ensure timely and cost-effective procurement of goods and services.
• Negotiate contract terms and pricing with vendors to achieve optimal results for the organization.
• Process purchase orders and track deliveries to ensure timely receipt of materials.
• Maintain accurate records of procurement activities and update internal databases accordingly.
• Coordinate with various departments to determine their procurement needs and preferences.
• Evaluate supplier performance and address any issues or concerns to improve overall procurement processes.
• Stay updated on industry trends and market conditions to make informed procurement decisions.
• Prepare reports and analysis on procurement activities and costs for management review.
• Ensure compliance with company policies, procedures, and regulations related to procurement.
• Support the procurement team in implementing strategies to streamline processes and improve efficiency.

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Minimum of 2 years of experience in procurement or supply chain management.
• Strong negotiation and communication skills.
• Proficiency in Microsoft Office suite and procurement software.
• Knowledge of procurement best practices and industry trends.