
Procurement Strategist
5 days ago
Our organization is seeking a highly skilled and experienced Tactical Purchasing Specialist to join our team. As a key member of our procurement department, you will be responsible for implementing tactical purchasing strategies that drive business growth and profitability.
- Job Responsibilities:
- Extract and analyze data from Open PO Reports to inform procurement decisions.
- Collaborate with suppliers to negotiate prices, delivery times, and other contractual terms.
- Update enterprise resource planning (ERP) systems with confirmation dates and other relevant information.
- Communicate with internal stakeholders to resolve purchase order-related issues.
- Analyze supply and demand trends to determine optimal inventory levels and stock replenishment needs.
- Implement exception messages in SAP, Oracle, and other ERP systems as necessary.
- Liaise with global stakeholders to ensure material availability and manage supplier relationships.
- Lead the Supplier Relationship Management process to improve supplier responsiveness and reduce lead times.
- Collaborate with finance teams to ensure timely payment to suppliers.
- Complete material master setup and associated activities to ensure accurate inventory tracking.
- Requisition to PO conversion for MRO items to optimize procurement processes.
- Validate supplier lead times based on delivery schedules and other factors.
- Coordinate material master data audits to ensure data accuracy and integrity.
- Communicate with plant/site buyers to provide updates on actions and resolutions.
- Support the team in preparing monthly/quarterly/annual management reports for customers and suppliers.
- Raise supplier delivery issues to PIC Manager (Supply Chain Manager) and planning teams.
- Stay up-to-date on parked/blocked invoice reports and resolve discrepancies in a timely manner.
- Negotiate with vendors to acquire the best cost and delivery requirements while supporting inventory turns.
To succeed in this role, you will need:
- Minimum 5 to 10 years of professional experience in purchasing/procurement/supply chain or casting, forging, machining.
- Knowledge in strategic sourcing methodology, supply chain management, contracting, procurement, and supplier management skills.
- Experience working with ERP systems like SAP or Oracle.
- Excellent digital literacy and technical proficiency, including significant data gathering skills, expertise, interpretation, and reporting for the supply chain organization.
- Strong problem-solving & analytical skills with expertise in data analysis and management (Advanced Excel, Tableau, Power BI, MS Excel, MS Word, MS Access, PowerPoint, SQL).
- Self-motivated.
The following qualifications are preferred but not required:
- Bachelor's degree or equivalent in supply chain management, engineering, business management, or any related field.
- Experience in project management and project management certification are an added advantage.
The successful candidate will work flexible hours, which may include:
12:00 PM to 9:00 PM, 6:00 AM to 3:00 PM or 4:30 PM to 1:30 AM.
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