Procurement Specialist

**Job Summary:**

We are seeking a highly skilled and experienced Procurement Officer to manage the procurement process, ensuring timely and cost-effective acquisition of goods and services. This key role requires developing and implementing procurement strategies, negotiating contracts, and building strong relationships with suppliers.

Key Responsibilities:

• Conduct market research to identify potential suppliers and vendors.
• Evaluate and negotiate prices with selected suppliers.
• Develop and maintain relationships with suppliers and vendors.
• Manage the procurement process, including requisitioning, purchasing, and expediting.
• Ensure compliance with company procurement policies, procedures, and regulatory requirements.
• Maintain accurate and up-to-date procurement records and reports.
• Analyze procurement costs to identify opportunities for cost savings.
• Develop and implement cost-saving initiatives and strategies.
• Ensure suppliers meet quality standards and requirements.
• Conduct quality audits and inspections to ensure compliance.
• Manage quality-related issues and defects with suppliers.
• Prepare and submit procurement reports to management.
• Collaborate with internal stakeholders to understand business needs and develop procurement plans.