Procurement Specialist Manufacturing - Basking Ridge, NJ at Geebo

Procurement Specialist

Company Name:
SF Staffing Solutions
Procurement specialist will oversee and manage nearly every aspect of the purchasing of equipment, materials, and products for Unified Infrastructure. The duties are quite diverse and can vary dramatically depending on the size and nature of the procurement bid. Here are some of the common duties that fall under the responsibility of the Procurement Specialist.
1) Purchasing and Managing Inventory:
As the manager of the purchasing side of a business, the procurement specialist will oversee the maintenance and growth of the company. They will identify procurement opportunities, and pursue needed bid. The purchasing specialist will create and place purchase orders with the appropriate vendors and track them, signing off when the supplies arrive.
2) Record Keeping: To help with the process of managing the inventory, one of the primary responsibilities of any procurement specialist is record keeping. That means staying on top of everything from purchase orders and receipts to tracking numbers and inventory counts. These records must be pristine in case of audit or review, and any discrepancies are the responsibility of the procurement manager.
3) Negotiate Contracts: In order to keep the bottom line down, the procurement specialist will have to engage in a number of negotiations with vendors and suppliers. He or she will work with other companies to find the lowest possible prices, sometimes signing long-term contracts to enjoy bulk discounts or promising future relationships in exchange for the lowest costs on their necessary goods.
4) Maintain Client Relationships: Procurement specialists also must maintain positive relationships with their vendors. Often if an order is late or a price has changed, the procurement manager will have to contact their vendor and address the problem personally. This is best done with a reliable contact, so it helps when the procurement manager knows whom to contact in order to get things done correctly.
5) Assess Financial Performance of Products: Those who work in procurement and purchases are intimately familiar with the outgoing costs of their company. Because of that, they are often called upon to answer questions about the financial performance of the products and materials they order. Procurement specialists should be able to assess whether their current purchases are performing well enough to justify their costs, and may be asked to offer suggestions as to more cost-effective or more easily procured materials and products that can help lower the company's bottom line.Estimated Salary: $20 to $28 per hour based on qualifications.

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