Procurement Specialist
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Key skills for this role
About the Role
An opportunity exists for a Procurement Specialist to oversee sourcing, negotiating, and purchasing essential materials and services. This role ensures cost-effectiveness and quality while fostering strong supplier relationships and compliance with procurement policies.
Key Skills for This Role
Full Job Posting
Overview
The Procurement Specialist is responsible for sourcing, negotiating, and purchasing materials, equipment, and services required by the company while ensuring cost-effectiveness, quality standards, and timely delivery.
The role supports operational efficiency by maintaining strong supplier relationships and ensuring compliance with company procurement policies.
Procurement & Sourcing
- Identify, evaluate, and select qualified suppliers and vendors.
- Source materials, equipment, spare parts, and services based on company requirements.
- Request and analyze quotations, proposals, and bids from suppliers.
- Negotiate prices, payment terms, delivery schedules, and contract conditions.
- Issue purchase orders and follow up on order execution.
- Supplier Management
- Develop and maintain strong relationships with suppliers.
- Evaluate supplier performance regarding quality, cost, and delivery.
- Resolve supplier-related issues and discrepancies.
- Maintain an approved supplier database.
• Cost Control & Purchasing Optimization
- Monitor market trends and pricing fluctuations.
- Identify opportunities for cost reduction and value improvement.
- Compare supplier offers to obtain the best commercial and technical value.
- Support budgeting and procurement planning activities.
Coordination & Follow-up
- Coordinate with engineering, production, warehouse, finance, and quality departments regarding procurement requirements.
- Track shipments and ensure on-time delivery.
- Follow up on material shortages and urgent requirements.
- Ensure proper documentation of procurement activities.
Compliance & Reporting
- Ensure procurement activities comply with company policies and procedures.
- Prepare procurement reports and purchasing performance analyses.
- Maintain accurate purchasing records and supplier contracts.
- Support internal and external audits related to procurement.
Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, Industrial Engineering, Mechanical Engineering, or related field.
- Professional procurement certifications (CIPS, CPSM, CPP, or equivalent) are preferred.
Experience
- 3–5 years of experience in procurement, purchasing, or supply chain operations.
- Experience in industrial, manufacturing, construction, or engineering environments is preferred.
- Experience dealing with local and international suppliers.
Skills
- Supplier negotiation and contract management.
- Strong analytical and cost evaluation skills.
- Knowledge of procurement processes and supply chain management.
- ERP system experience (SAP, Oracle, Odoo, Microsoft Dynamics, etc.).
- Advanced Microsoft Excel skills.
- Excellent communication and relationship-building abilities.
- Problem-solving and decision-making skills.
- Ability to work under pressure and manage multiple priorities.
Key Performance Indicators (KPIs)
- Cost savings achieved through negotiations.
- On-time delivery performance.
- Purchase order processing time.
- Supplier performance ratings.
- Inventory availability and stock-out reduction.
- Procurement cycle efficiency.
- Compliance with procurement policies and procedures.
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