Job Description
Job Title:  Senior Procurement Specialist
Posting Start Date:  6/3/25
Job Description: 

The Senior Procurement Specialist is responsible for leading strategic sourcing initiatives, managing vendor relationships, negotiating contracts, and ensuring compliance with procurement policies. This role plays a critical part in optimizing procurement operations, reducing costs, and supporting the company's supply chain efficiency.

 

Key Responsibilities

1. Strategic Procurement Planning

  • Develop and implement procurement strategies aligned with organizational goals

  • Conduct spend analysis to identify cost-saving opportunities

  • Forecast procurement needs and support annual budget planning

2. Vendor and Supplier Management

  • Identify, evaluate, and select suppliers based on quality, cost, reliability, and service

  • Build and maintain strong supplier relationships

  • Lead vendor performance reviews and manage supplier disputes

3. Contract Negotiation and Management

  • Negotiate contracts, pricing, and commercial terms

  • Ensure adherence to contractual terms and monitor expiration and renewal schedules

  • Minimize procurement risks through sound contract management

4. Compliance and Risk Management

  • Ensure compliance with internal policies, legal regulations, and ethical standards

  • Develop and enforce procurement policies and procedures

  • Support procurement audits and address any compliance issues

5. Operational Execution

  • Oversee the full procurement lifecycle: RFI, RFQ, RFP, PO issuance, and delivery tracking

  • Utilize ERP or procurement systems to streamline operations

  • Coordinate with logistics and inventory teams to manage stock levels effectively

6. Team Leadership and Development

  • Supervise and mentor junior procurement staff

  • Provide training and professional development opportunities

  • Promote a culture of continuous improvement and accountability

7. Reporting and Analytics

  • Prepare procurement reports for senior leadership

  • Monitor KPIs such as cost savings, supplier performance, and procurement cycle times

  • Deliver insights and recommendations for process improvement

 

Qualifications and Skills

  • Bachelor’s degree in Supply Chain Management, Business Administration, or related field

  • 5–7+ years of experience in a procurement or strategic sourcing role

  • Strong negotiation, analytical, and leadership capabilities

  • Proficient in ERP/procurement tools such as SAP, Oracle, or SAGE

  • Excellent communication and stakeholder management skills

  • High level of integrity and attention to detail