Procurement Strategist

We are seeking a detail-oriented procurement specialist to manage procurement operations and drive cost-saving initiatives.

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 company.
  • 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 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.