Senior Procurement Specialist

Job Description

Responsibilities and essential job functions include but are not limited to the following:
• Assist the supply chain operations Manager to conduct ongoing development of inventory plan to determine cost-effective use of inventory investment while maximizing inventory turns and meeting service level targets. Identify and recommend opportunities to reduce costs and prepare for future growth, identify capacity gaps, and recommend changes to sourcing.
• Research and identify prospective suppliers
• Prepare proposals, request quotes, and negotiate purchase terms and conditions, and purchase agreements
• Monitor supplier performance and resolve issues and concerns
• Liaise with internal teams and maintain strong supplier relations
• Coordinating with inventory control to determine and manage inventory needs
• Create and generate reports and performance analyses of KPIs, including out-of-stock, days of supply, aging inventories, and other analyses to facilitate cost and service improvements.
• Develop short- and long-term supply plans to balance the demand forecast with cost, efficiency and capacity constraints.
• Use planning system tools to create tactical and strategic inventory and supply solutions effectively and efficiently.
• Other tasks as per assigned.