Procurement & Inventory Specialist
Job Description:
• Manage and oversee the procurement process, including sourcing, vendor evaluation, and contract negotiation.
• Develop and maintain strong vendor/supplier relationships to ensure timely delivery and cost-effectiveness.
• Monitor and maintain optimal inventory levels to meet production schedules without overstocking.
• Conduct regular inventory audits, reconcile discrepancies, and implement effective inventory control measures.
• Coordinate with production, operations, and other departments to forecast material requirements.
• Prepare and process purchase orders, invoices, and procurement documentation.
• Track and analyze inventory KPIs (turnover, shrinkage, lead times) and provide regular reports to management.
• Continuously identify opportunities to improve procurement and inventory processes.
• Ensure compliance with company policies and industry regulations.
Requirements:
• Bachelor’s degree in Supply Chain Management, Business Administration, or related field (preferred)
• 3+ years of experience in procurement and inventory management
• Strong knowledge of inventory management systems, procurement processes, and vendor relations
• Proficiency in MS Office and ERP/inventory management software
• Excellent negotiation, communication, and organizational skills
• Ability to analyze data and make strategic purchasing decisions
• Detail-oriented with strong problem-solving skills
Benefits:
• Health insurance
• Retirement plans
• Paid time off
• Flexible work arrangements
• Professional development
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