Purchase Specialist

Position Summary:

The Purchasing Specialist is responsible for managing the acquisition of goods and services for the organization. This role involves vendor negotiation, cost analysis, inventory coordination, and ensuring that materials and supplies are procured in a timely and efficient manner, all while maintaining budget and quality standards.

Key Responsibilities:

• Source and evaluate suppliers to ensure high-quality, cost-effective materials.
• Negotiate pricing and delivery terms with vendors and suppliers.
• Create, manage, and track purchase orders and requisitions.
• Analyze market trends to identify new suppliers and cost-saving opportunities.
• Maintain strong vendor relationships and resolve supply chain issues as they arise.
• Monitor inventory levels and forecast future supply needs.
• Collaborate with internal departments (such as Operations, Finance, and Warehouse) to align purchasing with organizational goals.
• Ensure compliance with company policies and procurement regulations.
• Maintain and update procurement records and supplier performance data.
• Prepare and present purchasing reports to management.

Qualifications:

• Bachelor's degree in business, Supply Chain Management, or related field.
• 3+ years of purchasing/procurement experience, ideally in a relevant industry.
• Strong negotiation and analytical skills.
• Excellent communication and relationship management abilities.
• Proficient in Microsoft Excel and ERP systems (e.g., SAP, NetSuite, Oracle).
• Ability to work independently and prioritize multiple tasks under tight deadlines.

Preferred Skills:

• Knowledge of inventory control systems and vendor management.
• Experience in contract management.
• Familiarity with international purchasing and import/export regulations (if applicable).