Procurement Specialist

Key Responsibilities:

• Strategic Sourcing & Procurement
• Source and procure industrial stock goods from approved suppliers.
• Negotiate pricing, terms, and contracts to ensure cost-effective purchasing.
• Maintain strong supplier relationships and evaluate performance regularly.
• Inventory & Replenishment Modeling
• Analyze historical usage, forecast demand, and monitor inventory turnover.
• Develop and implement a replenishment model that automates purchasing decisions based on supply chain data.
• Collaborate with production and sales teams to align inventory with operational needs and customer demand.
• Data-Driven Decision Making
• Utilize ERP and supply chain analytics tools to monitor procurement KPIs.
• Identify trends, risks, and opportunities for cost savings and efficiency improvements.
• Generate reports and dashboards to support strategic planning and operational execution.
• Process Optimization
• Streamline procurement workflows to reduce manual intervention.
• Implement best practices in inventory management and procurement automation.
• Support digital transformation initiatives within the supply chain function.

Qualifications:

• Bachelor’s degree in Supply Chain Management, Business, Engineering, or related field.
• 5+ years of experience in procurement or supply chain management, preferably in an industrial or manufacturing environment.
• Strong analytical skills with experience in data modeling and inventory optimization.
• Proficiency in ERP systems (e.g., P21, SAP, Oracle, NetSuite) and advanced Excel or data visualization tools.
• Excellent negotiation, communication, and project management skills.
• Experience with automated replenishment systems or procurement automation tools is a plus.