
Procurement Specialist Role
1 day ago
We are seeking a highly skilled procurement manager to oversee the procurement process and drive cost savings.
- Key Responsibilities:
- Develop and implement strategic procurement plans to optimize costs, quality, and delivery timelines.
- Analyze market trends and supplier data to identify opportunities for improvement.
- Negotiate contracts and agreements with suppliers to secure the best value for the company.
- Manage and maintain accurate records of supplier performance and compliance.
- Engineering Procurement:
- Collaborate with engineering teams to understand technical requirements for materials and equipment.
- Evaluate supplier capabilities to ensure they meet engineering specifications, industry standards, and safety regulations.
- Review and approve technical documentation, material certifications, and compliance reports.
- Conduct market research to identify innovative solutions and cost-effective alternatives.
- Cost Control and Budget Management:
- Monitor procurement budgets and develop strategies to minimize costs without compromising quality.
- Analyze data to identify areas for cost reduction and implement initiatives to achieve goals.
- Forecast pricing trends and market fluctuations to mitigate financial risks.
- Logistics and Supply Chain Coordination:
- Coordinate with suppliers and logistics teams to ensure timely delivery of materials.
- Optimize supply chain processes to minimize delays and disruptions.
- Oversee international and domestic shipping, customs regulations, and import/export requirements.
- Compliance and Risk Management:
- Ensure compliance with company policies, industry standards, and legal requirements.
- Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
- Manage contract disputes, warranties, and claims in collaboration with legal teams.
- Technology and Reporting:
- Utilize procurement software and ERP systems to streamline purchasing workflows.
- Generate reports on procurement performance, supplier KPIs, and cost savings.
- Implement digital tools to enhance procurement efficiency and transparency.
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