Job Description

We are seeking a highly motivated and detail-oriented Procurement Specialist to join our procurement team. The Procurement Specialist will play a crucial role in ensuring the efficient procurement of goods and services for our organization. This position requires a keen eye for detail, strong negotiation skills, and a commitment to maintaining high-quality vendor relationships. The successful candidate will contribute to cost-effective procurement strategies and help streamline our procurement processes.

Role Responsibilities

Vendor Management

• Identify, evaluate, and select vendors based on quality, cost, reliability, and service criteria.
• Develop and maintain strong relationships with key suppliers.
• Negotiate contracts, terms, and conditions with vendors to secure advantageous agreements.
• Monitor vendor performance and resolve issues promptly.

Sourcing and Procurement

• Collaborate with various departments to understand their procurement needs and objectives.
• Source and procure goods and services in compliance with company policies and industry regulations.
• Obtain and evaluate supplier quotations, bids, and proposals.
• Maintain accurate procurement records, including purchase orders and contracts.

Cost Optimization

• Analyze pricing trends and market conditions to identify cost-saving opportunities.
• Implement cost reduction strategies while maintaining product quality and supplier relationships.
• Identify and implement process improvements to enhance efficiency in procurement operations.

Compliance and Documentation

• Ensure all procurement activities adhere to legal and ethical standards.
• Maintain up-to-date knowledge of procurement laws and regulations.
• Prepare and review procurement documentation, including contracts and purchase orders.
• Collaborate with legal and compliance teams to ensure contract compliance.

Inventory Management

• Monitor inventory levels and track usage to prevent stockouts or overstock situations.
• Coordinate with relevant departments to optimize inventory turnover.
• Implement inventory control procedures to minimize waste and ensure availability of critical items.

Role Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Proven 1+ years experience in procurement or supply chain management.
• Strong negotiation and vendor management skills.
• Excellent communication and interpersonal skills.
• Proficiency in procurement software and tools.
• Knowledge of procurement regulations and best practices.
• Analytical mindset with a focus on cost optimization.
• Attention to detail and strong organizational skills.

If you want to build ground breaking technology with a team on a mission to change the world, let’s talk!