Procurement Specialist
1 month ago
We are seeking a skilled Procurement Specialist to join the Tower Group team.
About the RoleThis is an exciting opportunity for a motivated individual to develop a comprehensive understanding of the buying process and make a significant impact on our procurement strategy.
Key Responsibilities- Sourcing and Negotiation: Communicate effectively with suppliers, build strong relationships, request quotes, and follow up on deliveries to secure the best prices, terms, and discounts for products.
- Supplier Evaluation: Assist in evaluating supplier performance, identifying areas for improvement, and developing strategies to enhance collaboration.
- Market Analysis: Analyze trends, customer preferences, and competitor activity to support the selection of products that align with market demand and drive business growth.
- Inventory Management: Monitor stock levels, assist in forecasting product demand, and help avoid overstocking or stockouts to optimize inventory efficiency.
- Data Analysis: Analyze sales data, reports, and KPIs to support decision-making, identify areas for improvement, and inform procurement strategies.
- Order Management: Prepare and place purchase orders, track orders, and update relevant systems as needed to ensure seamless order fulfillment.
- Quality Assurance: Assist in ensuring that products meet quality standards by working closely with suppliers and quality assurance teams.
- Administrative Tasks: Organize documentation, maintain records, prepare reports, and perform other administrative tasks as needed to support the procurement function.
To succeed in this role, you will need:
- A bachelor's degree in a related field, such as supply chain management or business administration.
- Proven experience in procurement or a related field, with a strong understanding of sourcing, negotiation, and inventory management principles.
- Excellent communication and interpersonal skills, with the ability to build strong relationships with suppliers and internal stakeholders.
- Strong analytical and problem-solving skills, with the ability to analyze complex data sets and identify opportunities for improvement.
- Proficiency in Microsoft Office, particularly Excel, and familiarity with procurement software.
In return for your expertise and dedication, we offer:
- A competitive salary of approximately $55,000 - $65,000 per year, depending on experience.
- A comprehensive benefits package, including health insurance, retirement savings, and paid time off.
- Ongoing training and development opportunities to support your career growth and professional development.
- A dynamic and supportive work environment, with a collaborative team of professionals who share your passion for procurement excellence.
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