Procurement Specialist

Responsibilities

• Identify and evaluate potential suppliers and negotiate terms and pricing
• Manage the full procurement lifecycle, including issuing requests for proposals (when necessary), obtaining quotes, and finalizing purchase agreements
• Ensure the timely acquisition of goods and services in line with organizational requirements and budget constraints
• Monitor supplier performance and resolve issues related to quality, delivery, or pricing
• Conduct periodic supplier evaluations to ensure quality and compliance
• Negotiate pricing, contract terms, and conditions with suppliers to secure the best value for the company
• Review, amend, and finalize supplier contracts and ensure compliance with legal and organizational policies
• Maintain accurate records of all procurement transactions and manage inventory levels to meet operational needs
• Assist in the development and management of the procurement budget to ensure cost-effective purchasing decisions
• Prepare and present regular procurement reports to senior management, detailing key performance indicators, savings, and operational efficiencies
• Continuously review procurement processes to identify and implement improvements to enhance efficiency and reduce costs
• Work closely with other departments to align procurement activities with overall business objectives

Requirements

• Bachelor’s degree in Finance, Logistics, or relevant major
• 3 to 4 years of work experience in procurement with a proven track record in sourcing, vendor management, and contract negotiation
• English communication both written and verbal is a must
• Strong negotiation and communication skills
• Data management skills with Ms. Excel and/or Google Sheets
• Analytical skills with the ability to create financial reports and conduct cost analyses
• Ability to work independently and collaborate with a team