Procurement Specialist

Location :

Responsibilities

• Execute end-to-end procurement processes, including requisition processing, supplier selection, purchase order creation, and order tracking.
• Collaborate with internal stakeholders to understand their purchasing requirements and provide guidance on procurement best practices.
• Identify potential suppliers, conduct market research, evaluate vendor proposals, and negotiate favorable terms and conditions.
• Manage supplier relationships by monitoring performance, resolving issues or disputes, and conducting periodic supplier evaluations.
• Develop and maintain strong relationships with key suppliers to ensure reliable delivery of quality goods and services.
• Monitor inventory levels to ensure optimal stock levels while minimizing excess inventory or stockouts.
• Analyze pricing trends, market conditions, and contract terms to identify cost-saving opportunities.
• Maintain accurate records of purchases, contracts, pricing agreements, and other relevant documentation.
• Stay updated on industry trends, regulations, and best practices in procurement to enhance knowledge and improve processes.
• Collaborate with cross-functional teams such as finance, operations, and logistics to ensure seamless coordination of procurement activities.
  

Qualifications

• Bachelor's degree in mechanical design engineer, supply chain management, business administration or a related field (or equivalent experience).
• Proven experience as a Purchasing Specialist or in a similar role within the procurement function.
• In-depth knowledge of procurement best practices, sourcing strategies, contract negotiation techniques, and supplier management principles.
• Ability to read mechanical and structural drawings including machining and welding details
• Excellent communication skills with the ability to effectively interact with internal stakeholders as well as external suppliers.
• Proficiency in using procurement software systems or enterprise resource planning (ERP) platforms is preferred.
• Detail-oriented with exceptional organizational skills to manage multiple tasks simultaneously while meeting deadlines.