
Strategic Procurement Specialist
2 weeks ago
The ideal candidate will be responsible for managing procurement operations, ensuring efficient inventory management, and driving cost savings.
This is a critical role that requires strong analytical skills, effective communication, and the ability to work collaboratively with cross-functional teams.
Key Responsibilities:Inventory & Cost Management- Maintain optimal inventory levels across locations, preventing stockouts and overstocking.
- Monitor purchase budgets, control cost deviations, and support waste reduction initiatives.
- Track stock cover by SKU and manage liquidation of slow-moving or aging inventory.
- Drive improvement in inventory turnover and overall procurement efficiency.
- Coordinate with vendors to ensure timely PO issuance and delivery as per agreed timelines.
- Monitor supplier performance, flagging deviations and coordinating resolution.
- Maintain clean documentation for POs, pricing, and approvals.
- Collaborate with finance for timely invoice processing and payment closure.
- Collaborate with stakeholders to build and validate monthly/quarterly demand projections using historical data and sales trends.
- Translate demand forecasts into actionable purchase plans for both perishable and non-perishable SKUs.
- Ensure projections are shared timely with vendors—three months for non-perishables, six months for perishables.
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