Sourcing Specialist (m/f)

Duties

• Developing procurement strategies that are inventive and cost-effective
• Sourcing suppliers and maintaining long-lasting relationships with them as well as existing suppliers
• Track inventory and restock goods when needed
• Expanding the portfolio of suppliers and vendors
• Negotiating with suppliers, distributors and vendors to secure advantageous terms
• Reviewing existing contracts with suppliers and vendors to ensure on-going feasibility
• Building and maintaining long-term relationships with vendors and suppliers
• Submitting purchase orders for approval and organizing and confirming delivery of goods and services that meet the quantity and quality expectations of the organization
• Performing risk assessments on potential contracts and agreements
• Controlling the procurement budget and promoting a culture of long-term saving on procurement costs
• Preparing procurement reports
• Stay up to date on industry trends and new products
• Compare available goods with industry trends to determine appropriate pricing
• Properly documenting and archiving of data owing to defined requirements CIP - continuous improvement process within assigned responsibilities
• Providing support and information to other departments regarding stock levels and purchases
• Various additional tasks relevant to the position
• Implementing inventory optimization strategies within the company
• Obtaining quotes from different suppliers
• Negotiating price, quantity, and delivery schedules with suppliers
• Working with legal counsel to ensure that all contracts relating to product procurement contain all details of the negotiation
• Assessing quotes and compiling a detailed assessment of cost breakdowns
• Generating quote comparisons and contributing to internal supplier selection based on the quotes
• Providing solutions to improve company spending and outsourcing

Requisites

• Strong negotiation skills
• Sound time-management and organizational skills
• 3 Years of Experience
• Bachelor’s degree in administration, logistics, supply chain or related field
• Proven experience in sourcing processes
• Proficiency in Microsoft word, PowerPoint, excel, and outlook
• A thorough understanding of sourcing methodologies

Notes

• Only shortlisted applicants will be contacted