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Job Description
Job Description:
- Procurement specialists are responsible for evaluating suppliers in order to find the best deals possible on goods that are needed for business operations.
Job Responsibilities
- Negotiate with external vendors to secure the most advantageous terms & conditions
- Provide recommendations on sources of supply and products for standardization
- Conduct cost, non-cost, benchmarking and should cost analysis
- Identify sources of supply for various goods and services
- Improve the ordering process of necessary goods and services
- Responsible to develop and execute vendor management strategy to include classification and categorization of suppliers
- Examine, analyze and make recommendations on existing contracts
- Track and report key functional metrics to reduce expenses and improve the effectiveness
- Collaborate with key personnel to develop specifications and expectations
- Foresee alterations in the comparative negotiating ability of suppliers and clients
- Expect unfavorable events through analysis of data and prepare control strategies
- Perform risk assessments for supply contracts and agreements
- Control spend and build a culture of long-term saving on procurement costs
- Provide direct input into the company’s supply portfolio ensuring transparency of spending
- Develop and Implement negotiation strategies and secure profitable deals
- Optimize sourcing procedures to attain maximum efficiency
- Cooperate with stakeholders to guarantee agreement on terms and processes
- Identify profitable suppliers and initiate business and organization partnerships
- Discover and partner with trustworthy vendors and suppliers
- Determine the quantity and timing of deliveries
Job Requirements
- 3 to 4 years of procurement experience in the field of chemicals or related field
- Understanding of market dynamics and sound business judgment
- Bachelor’s degree in business administration or related field is a plus
- Proficient with Microsoft Office programs (Excel, Word, PowerPoint & outlook).
- Ability to apply high level of understanding to the contracting process
- Ability to negotiate, foster and sustain strong relationships
- Strong problem-solving skills
- Strong quantitative and analytical skills
- Excellent organizational and time management skills
- Able to effectively and efficiently handle fast-paced environment
- Excellent verbal, written, listening, persuasion, negotiating, interpersonal and presentation skills
- Comfortable with figures and in collecting, analyzing and interpreting data
- Solid judgment with the ability to make good decisions
- Proactive and positive self-starter with energy, enthusiasm and ability to execute
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