Procurement Specialist

Job DescriptionJob Summary:We are looking for a detail-oriented Procurement Specialist to manage the company's purchasing activities. The Procurement Specialist will be responsible for sourcing suppliers, negotiating contracts, and ensuring timely delivery of goods and services.Job Responsibility:- Source and engage reliable suppliers to ensure cost-effective purchasing- Negotiate prices and contracts with vendors to secure advantageous terms- Monitor inventory levels and place orders as needed to ensure uninterrupted supply- Evaluate supplier performance and resolve any issues or disputes that may arise- Collaborate with different departments to understand their purchasing needs and requirements- Stay updated on market trends and new procurement strategies to improve purchasing processesCandidate Requirements:- Bachelor's degree in Business Administration, Supply Chain Management, or related field- Proven work experience as a Procurement Specialist or in a similar role- Strong negotiation and communication skills- Proficiency in procurement software and MS Office Suite- Excellent organizational and time-management abilities- Knowledge of sourcing and procurement techniques- Attention to detail and ability to work well under pressureSkills1. Strong negotiation skills2. Excellent communication and interpersonal abilities3. Good analytical and problem-solving skills4. Knowledge of supply chain management principles5. Proficiency in financial analysis and cost management6. Attention to detail and accuracy in decision-making7. Ability to prioritize and manage multiple tasks simultaneously8. Familiarity with procurement software and tools9. Understanding of contract management and supplier relationship management10. Compliance and risk management expertise in procurement processes