Senior Foreign Procurement Specialist

Job Summary:

The International Procurement Specialist is responsible for sourcing, negotiating, and purchasing materials and products from global suppliers. This role ensures cost-effective and timely procurement while maintaining quality and compliance with company and regulatory standards.

Key Responsibilities:

• Identify, evaluate, and develop relationships with international suppliers and vendors.
• Conduct market research to source cost-effective and high-quality products.
• Establish and maintain strong supplier relationships to ensure continuous improvement and innovation.
• Negotiate contracts, pricing, and terms with global suppliers to achieve cost savings.
• Ensure timely procurement of direct and indirect material to support business operations.
• Manage international purchasing agreements and mitigate risks related to currency fluctuations, tariffs, and trade regulations.
• Ensure procurement processes comply with international trade laws, customs regulations, and company policies.
• Monitor geopolitical and economic conditions affecting global supply chains.
• Assess risks in the supply chain and develop mitigation strategies.
• Collaborate with logistics teams to coordinate shipping, customs clearance, and delivery schedules.
• Track orders and ensure timely delivery while minimizing costs.
• Analyze procurement data and develop cost-reduction strategies.
• Monitor budgets and ensure procurement activities align with financial goals.
• Prepare reports on purchasing trends, savings, and supplier performance.
• Conduct supplier audits and evaluations to ensure quality standards.
• Implement corrective actions for non-compliant suppliers.
• Work closely with quality control teams to ensure material compliance.