
Supply Chain Acquisition Professional
2 weeks ago
Job Role:
The Procurement Specialist plays a vital role in ensuring timely delivery of quality materials while optimizing costs. This position requires a detail-oriented individual with experience in procurement, vendor management, and purchasing workflows.
Key Responsibilities- Procurement Strategy & Supplier Management
- Develop and implement procurement strategies to optimize cost, quality, and delivery timelines.
- Identify, evaluate, and establish relationships with suppliers, manufacturers, and vendors.
- Negotiate contracts, pricing, and terms with suppliers to secure the best value for the organization.
- Maintain a supplier database, ensuring continuous assessment of performance and compliance.
- Engineering & Technical Procurement
- Work closely with engineering and project teams to understand technical requirements for materials and equipment.
- Ensure purchased materials comply with engineering specifications, industry standards, and safety regulations.
- Review and approve technical documents, material submittals, and compliance certifications.
- Conduct market research to identify cost-effective alternatives and innovative materials.
- Cost Control & Budget Management
- Monitor procurement budgets and drive cost-saving initiatives without compromising quality.
- Analyze procurement data and supplier performance to identify cost reduction opportunities.
- Forecast pricing trends and market fluctuations to mitigate financial risks.
- Logistics & Supply Chain Coordination
- Ensure timely delivery of materials by coordinating with suppliers and logistics teams.
- Optimize supply chain processes to minimize delays and disruptions.
- Oversee international and domestic shipping, customs regulations, and import/export requirements.
- Compliance & Risk Management
- Ensure compliance with organizational 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 & 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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