The Procurement Specialist plays a vital role in supporting the procurement function within the organization. They are responsible for executing procurement activities, managing supplier relationships, and ensuring timely and cost-effective acquisition of goods and services. The Procurement Specialist collaborates with internal stakeholders to understand their procurement needs, conducts market research, and implements procurement strategies to drive efficiency and value.
RESPONSIBILITIES
1- Execute end-to-end procurement processes, including requisition review, supplier selection, negotiation, contract management, and supplier performance evaluation.
2- Collaborate with internal stakeholders to understand procurement requirements, specifications, and timelines.
3- Conduct market research and analysis to identify potential suppliers, evaluate market trends, and gather data for informed decision-making.
4- Solicit and evaluate supplier proposals and quotations, considering price, quality, reliability, and delivery capabilities.
5- Negotiate contract terms and conditions with suppliers, ensuring favorable pricing, payment terms, and contractual obligations.
6- Collaborate with cross-functional teams to ensure alignment of procurement activities with organizational goals and objectives.
7- Manage supplier relationships, including regular communication, issue resolution, and performance monitoring.
8- Monitor contract compliance and address any performance issues or concerns with suppliers.
9- Maintain accurate procurement records, including contracts, purchase orders, and supplier documentation.
10- Stay updated with industry trends, best practices, and regulatory requirements related to procurement
QUALIFICATIONS
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