Procurement Specialist

The Procurement Specialist is responsible for procuring goods and services needed by a company to operate effectively. This role involves sourcing suppliers, negotiating contracts, and managing relationships with vendors. The Procurement Specialist must have strong analytical and negotiation skills, as well as a solid understanding of procurement processes.

Responsibilities

• Identify and source suppliers for goods and services.
• Conduct supplier evaluations and select vendors based on quality, price, and reliability.
• Negotiate contracts and terms with suppliers to secure the best deals.
• Collaborate with internal teams, such as production and operations, to determine procurement requirements.
• Develop and maintain strong relationships with key suppliers.
• Monitor and manage supplier performance to ensure compliance with contracts and quality standards.
• Analyze and optimize procurement processes to drive cost savings and efficiency.
• Collaborate with internal stakeholders to forecast demand and plan procurement activities.
• Utilize procurement software and systems to manage procurement activities and maintain accurate records.
• Stay up-to-date with industry trends, best practices, and regulations in procurement.