The ideal candidate will be responsible for researching, identifying, and sourcing products and services from external suppliers, negotiating contracts with vendors, and ensuring that all purchases meet a company's quality and cost standards, effectively managing the procurement process to acquire necessary goods and services for the organization's operations; key duties include identifying potential suppliers, evaluating bids, negotiating pricing and terms, and managing supplier relationships to optimize cost and delivery timelines.
- Researching and identifying potential suppliers based on company needs, evaluating their capabilities, and comparing pricing and quality.
- Creating and managing RFPs to solicit bids from various suppliers, evaluating proposals based on price, quality, delivery time, and other criteria.
- Negotiating contract terms and conditions with vendors, including pricing, payment terms, delivery schedules, and warranty agreements.
- Processing purchase orders, ensuring accurate quantities and specifications are ordered, and tracking order status.
- Building and maintaining strong relationships with key suppliers, addressing any issues or concerns promptly.
- Identifying opportunities to reduce costs through price negotiations, supplier consolidation, or value engineering.
- Ensuring all procurement activities adhere to company policies, legal requirements, and ethical standards.
- Staying updated on market trends, new suppliers, and industry best practices to identify potential cost savings opportunities.
- Monitoring inventory levels and coordinating with stakeholders to ensure timely replenishment of essential supplies.
- Generating reports on procurement metrics such as spending trends, supplier performance, and cost savings achieved.
Skills and qualifications for a procurement specialist:
- Strong negotiation skills
- Analytical and problem-solving abilities
- Excellent communication and interpersonal skills
- Understanding of procurement principles and practices
- Proficiency in sourcing tools and procurement software
- Knowledge of contract law and terms
- Attention to detail and ability to manage multiple tasks
- Financial acumen and understanding of budget management
Benefits:
Health, Dental, Vision, 401K w/ Match, Life Insurance, Short Term and Long Term Disability, PTO, HSA