Job Purpose

The Senior Procurement Specialist is responsible for the sourcing, purchasing, and supplier management of materials, intended for operations, marketing and promotional items across multiple entities. This role leads procurement activities by developing inventive strategies, managing supplier relationships, negotiating advantageous terms, and ensuring contractual compliance.

The Specialist oversees budget control, mitigate risks, and ensuring timely delivery of goods and services. By managing procurement-related IT systems, generating insightful reports, and leading projects, the role aligns procurement efforts with organizational objectives. The role focuses on optimizing processes, fostering collaborations, and driving cost-effective procurement practices to contribute significantly to the organization's success.

Duties And Responsibilities

Develop and implement innovative, cost-effective procurement strategies aligned with organizational objectives.
Regularly evaluate market trends and supplier capabilities to optimize procurement processes.
Source, evaluate, and engage reliable suppliers and vendors through rigorous assessment criteria.
Foster long-term relationships and partnerships with key suppliers to drive collaboration and innovation.
Monitor spending, provide insights and drive cost reduction initiatives.
Drive cost savings through strategic negotiations, competitive sourcing, and value engineering.
Monitor and control the procurement budget, identifying opportunities for cost savings and long-term efficiencies.
Implement strategies to promote savings while maintaining quality standards.
Conduct comprehensive risk assessments on potential contracts and agreements.
Implement risk management strategies to mitigate procurement-related risks and ensure continuity of supplies.
Prepare purchase orders and ensure timely delivery of goods and services.
Oversee operational processes, coordinating with stakeholders for seamless procurement operations.
Manage and optimize IT systems tracking shipments, inventory, and supply chain processes.
Generate detailed procurement reports, providing insights and recommendations for process improvement.
Lead and support procurement-related projects, offering expertise and guidance to stakeholders.
Collaborate with internal teams to align procurement activities with organizational strategies and objectives.
Perform other tasks that may be assigned either individually or as part of a committee or team.

Qualifications

Bachelor's degree in a relevant field such as Business, Supply Chain Management, Procurement, or a related discipline is often required.
At least 3-5 years of relevant work experience in procurement or supply chain management in officer capacity. Familiarity with the pet food industry or food and beverage industry is an advantage.
Strategic sourcing skills develop and implement effective procurement strategies, negotiate contracts, and establish relationships with suppliers to ensure the best terms and pricing.
Demonstrated experience in evaluating and selecting suppliers, managing vendor relationships, and assessing supplier performance.
Skills in inventory optimization and demand forecasting are valuable to maintain appropriate stock levels and prevent shortages or excess inventory.
Strong analytical skills in handling data to make informed decisions identify cost-saving opportunities and evaluate supplier performance and risks.
Effective communication and negotiation skills when dealing with suppliers, internal stakeholders, and other departments within the organization.
Ability to handle unexpected challenges and find creative solutions.
Possesses integrity & ethical conduct to handle sensitive information and make important decisions related to supplier selection.