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Title:

Procurement Specialist

Procurement Specialist

Roles & Responsibilities:

• Responsible for procurement of materials and services as per procurement guidance i.e. processing requisitions, placing purchase orders (POs), following up on PO responses with suppliers

• Performing bid evaluations and negotiating the best price with the supplier as well as ensuring timely delivery of the ordered materials and their compliance with the company’s quality plan.

• Perform cost-benefit analysis and benchmarking (including but not limited to prices, quality lead time), before making procurement decisions, to determine the most cost-effective options.

• Maintain proper records of all procurement transactions.

• Support budget holders and contract accountable managers with invoice verification.

• Closely work and support Category team(s) with the evaluation of reliability, materials quality and pricing as well as negotiation with potential suppliers.

• Proactively recommend and implement improvements to the existing P2P process and tools/ systems to improve efficiency and maximize automation.

• Ability to optimize sourcing, transportation, and distribution of materials.

• Collaborating with engineering and technical teams to define procurement requirements.

• Assessing risks related to procurement decisions (e.g., supply chain disruptions, geopolitical factors).

• Implementing risk mitigation strategies.

• Proficiency in using procurement software, data analytics tools, and automation platforms.

• Leveraging data to make informed decisions and improve efficiency.

Educational background and Experience:

• BS/MS in Finance/ Economics/ Business Administration/ Supply Chain

• At least 2 years of relevant work experience

• Experience in Logistics and Materials Management is a plus

Skills and Behaviors:

• Understanding of supply chain principles, logistics, and inventory management.

• Ability to resolve disputes between suppliers, end-users and other stakeholders

• Strong analytical and problem-solving skills

• Mentally agile and ability to multi-task and manage tight deadlines

• Proven negotiating ability with high emotional intelligence and interpersonal skills

• Demonstrated business partnering skills with the ability to influence the organization

• Adaptability and agility to learn and contribute

• Good communication and presentation skill