Procurement Specialists
Procurement Specialists work with supply chain businesses to procure various materials for the company’s products. They’ll spend time researching and finding suppliers that produce quality items within the business’ budget. Procurement Specialists are typically given key business criteria and must ensure that all of the products follow this criteria and specification list.
- Purchase goods or services that meet the quantity and quality expectations of the organization
- Evaluate and negotiate contracts with vendors
- Track inventory and restock goods when needed
- Stay up to date on industry trends and new products
- Compare available goods with industry trends to determine appropriate pricing
Procurement Specialist Skills and Qualifications
A successful procurement specialist has certain prerequisite skills and qualifications, which include:
- Communication: Strong verbal and written communication skills are a requirement for Procurement Specialists. They use these skills to determine their company’s product needs and to create constructive relationships with vendors.
- Project management: Procurement Specialists often manage multiple projects at one time. The ability to plan, delegate and evaluate progress toward goals is necessary for managing these projects.
- Negotiation: Procurement Specialists are in charge of negotiating vendor contracts, so they must understand price points and be able to negotiate effectively.
- Problem-solving: A Procurement Specialist must have strong problem-solving skills. For example, they may need to solve the problem of a product or service that does not meet the quality standards of their company.
- High school diploma or equivalent Purchase and Supply, Business Administration or related fields are typically preferred
- At least two years of experience in a purchasing position
- In-depth knowledge of purchasing functions, inventory and supply management systems
- Excellent communication, negotiation and interpersonal skills
- Ability to work with minimal supervision
- Strong organizational skills, a good understanding of sourcing and the ability to maintain vendor relationships
- Direct experience with spreadsheet computer applications
- Ability to use purchasing software
- Certified Purchasing Professional Certification (CPP) desired.
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