Skip to main content

Procurement Specialist

JOB DESCRIPTION

Title:

Procurement Specialist

Procurement Specialist

Roles & Responsibilities:

  • Responsible for procurement of materials and services as per procurement guidance i.e. processing requisitions, placing purchase orders (POs), following up on PO responses with suppliers
  • Performing bid evaluations and negotiating the best price with the supplier as well as ensuring timely delivery of the ordered materials and their compliance with the company’s quality plan.
  • Perform cost-benefit analysis and benchmarking (including but not limited to prices, quality lead time), before making procurement decisions, to determine the most cost-effective options.
  • Maintain proper records of all procurement transactions.
  • Support budget holders and contract accountable managers with invoice verification.
  • Closely work and support Category team(s) with the evaluation of reliability, materials quality and pricing as well as negotiation with potential suppliers.
  • Proactively recommend and implement improvements to the existing P2P process and tools/ systems to improve efficiency and maximize automation.
  • Ability to optimize sourcing, transportation, and distribution of materials.
  • Collaborating with engineering and technical teams to define procurement requirements.
  • Assessing risks related to procurement decisions (e.g., supply chain disruptions, geopolitical factors).
  • Implementing risk mitigation strategies.
  • Proficiency in using procurement software, data analytics tools, and automation platforms.
  • Leveraging data to make informed decisions and improve efficiency.


Educational background and Experience:

  • BS/MS in Finance/ Economics/ Business Administration/ Supply Chain
  • At least 2 years of relevant work experience
  • Experience in Logistics and Materials Management is a plus

Skills and Behaviors:

  • Understanding of supply chain principles, logistics, and inventory management.
  • Ability to resolve disputes between suppliers, end-users and other stakeholders
  • Strong analytical and problem-solving skills
  • Mentally agile and ability to multi-task and manage tight deadlines
  • Proven negotiating ability with high emotional intelligence and interpersonal skills
  • Demonstrated business partnering skills with the ability to influence the organization
  • Adaptability and agility to learn and contribute
  • Good communication and presentation skill

loading

Get notified for similar jobs

You'll receive updates once a week

Success! Successfully subscribed for similar jobs Failure! You have already subscribed for this job Failure! Failed to subscribed for similar jobs
loading

Profile recommendations

No recommendations found

loading

Similar Jobs

No recommendations found

loading

Job seekers also viewed

No recommendations found