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Procurement Specialist
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Job Title: Supply Chain Manager
Key Responsibilities:- Negotiate contracts, prices, payment terms, and delivery schedules to secure favorable terms and cost savings for the organization.
- Build and maintain strong, long-term relationships with key vendors and suppliers.
- Coordinate with internal departments to forecast material and product requirements based on project or production needs.
- Plan and place orders in a timely manner to ensure smooth operations and avoid stockouts.
- Evaluate supplier performance in terms of quality, cost, and timely delivery.
- Create and manage purchase orders ensuring accuracy of item specifications, pricing, and delivery timelines.
- Track order status and follow up with vendors to ensure timely deliveries.
- Monitor stock levels and work with warehouse/inventory teams to maintain optimal inventory levels.
- Avoid overstocking or stock shortages through timely procurement actions.
- Ensure all procured goods meet internal quality standards and specifications.
- Evaluate supplier performance in terms of quality, cost, and timely delivery.
- Maintain organized records of all purchases, contracts, quotations, and communications.
- Ensure compliance with company policies, procurement guidelines, and legal/regulatory standards.
- Continuously seek cost optimization opportunities without compromising product quality.
- Bachelor's degree in Business, Supply Chain Management, or a related field.
- Certification in procurement (e.g., CIPS, CSCP, or equivalent) is an added advantage.
- 2–5 years of relevant experience in procurement or purchasing.
