Procurement Specialist

The Procurement Specialist will play a crucial role in managing the procurement process for the organization. You will be responsible for sourcing, negotiating, and purchasing materials, supplies, and services that meet the organization's requirements. Possessing strong analytical skills, attention to detail, and an ability to build relationships with vendors and stakeholders is essential. Your key responsibilities will include developing and implementing procurement strategies that align with the organization's goals and objectives. You will manage the end-to-end procurement process, including sourcing, evaluation, negotiation, and award of contracts to suppliers. Conducting market research to identify potential suppliers, evaluating existing ones for performance, cost, and quality, and preparing procurement documentation will be part of your role. Analyzing supplier performance, managing relationships, collaborating with various departments, and monitoring inventory levels are also key responsibilities. Maintaining accurate records of purchases, pricing, and other procurement data, ensuring compliance with organizational policies and relevant regulations, and assisting in budget development related to procurement activities are crucial tasks. You will also participate in training and development of staff on procurement policies and procedures. To qualify for this role, you should have a Bachelor's degree in business, Supply Chain Management, or a related field, along with 3+ years of experience in procurement, purchasing, or supply chain management. Strong negotiation, communication, and interpersonal skills are required. Proficiency in procurement software and Microsoft Office Suite, knowledge of supply chain management principles and practices, as well as excellent analytical and problem-solving abilities are essential. You should be able to work independently and collaboratively in a fast-paced environment and have familiarity with contract management and vendor relationship management.,