Job Description

The ideal candidate will be responsible for researching, identifying, and sourcing products and services from external suppliers, negotiating contracts with vendors, and ensuring that all purchases meet a company's quality and cost standards, effectively managing the procurement process to acquire necessary goods and services for the organization's operations; key duties include identifying potential suppliers, evaluating bids, negotiating pricing and terms, and managing supplier relationships to optimize cost and delivery timelines.

• Researching and identifying potential suppliers based on company needs, evaluating their capabilities, and comparing pricing and quality.
• Creating and managing RFPs to solicit bids from various suppliers, evaluating proposals based on price, quality, delivery time, and other criteria.
• Negotiating contract terms and conditions with vendors, including pricing, payment terms, delivery schedules, and warranty agreements.
• Processing purchase orders, ensuring accurate quantities and specifications are ordered, and tracking order status.
• Building and maintaining strong relationships with key suppliers, addressing any issues or concerns promptly.
• Identifying opportunities to reduce costs through price negotiations, supplier consolidation, or value engineering.
• Ensuring all procurement activities adhere to company policies, legal requirements, and ethical standards.
• Staying updated on market trends, new suppliers, and industry best practices to identify potential cost savings opportunities.
• Monitoring inventory levels and coordinating with stakeholders to ensure timely replenishment of essential supplies.
• Generating reports on procurement metrics such as spending trends, supplier performance, and cost savings achieved.

Skills and qualifications for a procurement specialist:

• Strong negotiation skills
• Analytical and problem-solving abilities
• Excellent communication and interpersonal skills
• Understanding of procurement principles and practices
• Proficiency in sourcing tools and procurement software
• Knowledge of contract law and terms
• Attention to detail and ability to manage multiple tasks
• Financial acumen and understanding of budget management

Benefits:

Health, Dental, Vision, 401K w/ Match, Life Insurance, Short Term and Long Term Disability, PTO, HSA

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