Procurement Specialist

Procurement Specialist 

Role Summary 

Our client is searching for a Procurement Specialist to join their Supply Chain team. The Procurement Specialist is a key role responsible for managing and optimizing complex procurement processes. The position involved developing strategic sourcing initiatives, negotiating and managing high-value contracts, and maintaining strong vendor relationships. This role requires broad expertise in procurement best practices. 
 

Key Results Areas 

• Strategic Sourcing and Cost Management 

• Develop and execute strategic sourcing plans to optimize costs, mitigate risks, and enhance overall procurement efficiency 

• Identify and assess potential suppliers, fostering relationships to secure competitive advantages 

• Implement cost-effective procurement strategies without compromising quality 

• Establish and manage procurement budgets, analyzing spending patterns and identifying opportunities for cost reduction 

• Contract Negotiation and Management 

• Lead negotiations for high-value contracts, ensuring favorable terms and conditions 

• Monitor and manage supplier contracts, identify opportunities for cost savings and performance improvement 

• Maintain a portfolio of complex suppliers and oversee demand planning 

• Vendor Relationship Management 

• Build and maintain strong relationships with key suppliers and partners 

• Conduct regular performance reviews and collaborate with vendors to drive continuous improvement 

• Collaborate with the Data Management team on vendor maintenance, including pricing tiers, promotions, and points of contact 

• Support the Accounts Payables team to ensure prompt payments status with vendors 

• Cross-Functional Collaboration 

• Collaborate with internal stakeholders, including finance, operations and project management, to understand procurements needs and align strategies accordingly 

• Provide procurement expertise and guidance to cross-functional teams 

• Procurement Process Optimization and Operational Efficiency 

• Oversee the end-to-end procurement process, identifying areas for improvement and implementing best practice 

• Ensure compliance with procurement policies, industry regulations, and legal requirements 

• Manage the procurement process from requisition to delivery, optimizing efficiency and reducing lead teams 

• Implement and maintain procurement best practices, including ERP demand planning checklists, automated replenishment plans (ARPS, and warehouse transfers 

• Supervise service desk tickets and respond to business requests within agreed SLAs 

• Risk Management 

• Identify and assess risks in the supply chain and develop strategies to mitigate potential disruptions 

• Stay informed about market trends and global events that may impact procurement activities 

• Team Leadership and Mentorship 

• Provide leadership to the procurement team, fostering a culture of excellence and continuous improvement 

• Mentor and develop team members, facilitating training and skill enhancement 

• Technology Utilization 

• Utilize procurement technologies and tools to streamline processes and enhance efficiency 

• Stay abreast of technological advancements in procurement and recommend relevant tools for adoption 

Skills & Qualifications 

• Bachelor's degree in business, supply chain management, or a related field; advanced degree preferred 

• Minimum of eight (8) years of experience in procurement, with a significant focus on the fulfillment/warehousing sector 

• Proven track record in strategic sourcing, contract negotiation, and vendor management 

• Strong understanding of procurement technologies and best practices 

• Excellent leadership, communication, and interpersonal skills 

• Ability to thrive in a fast-paced, dynamic environment 

This role is remote, but the candidate must be able to work on Central Standard Time.
Advatix®, Inc. is one of the world’s leading providers of e-commerce Supply Chain and Logistics Consulting Services and Solutions that enable its clients to transform their operations for speed, service, and cost of fulfillment and delivery of goods and services. We are committed to an inclusive workplace that does not discriminate against race, nationality, religion, age, marital status, physical or mental disability, sexual orientation, gender, or gender identity. We believe in diversity and encourage any qualified individual to apply. We are an EEOC Employer.