Senior Procurement specialist
Napco National
Total years of experience :11 years, 4 Months
Develop and implement procurement strategies to support business objectives and drive cost savings.
Conduct market research and analysis to identify potential suppliers and evaluate their capabilities and performance.
Lead supplier qualification and evaluation processes to ensure adherence to quality standards and compliance requirements.
Collaborate with cross-functional teams to define procurement specifications, negotiate contracts, and establish pricing agreements.
Utilize the Oracle procurement system to streamline purchasing activities, monitor supplier performance, and track procurement metrics.
Identify and implement process improvements to enhance efficiency and reduce lead times in procurement operations.
Monitor market trends and industry developments to proactively identify opportunities for cost reduction and process optimization.
Conduct negotiations with suppliers to secure favorable terms, pricing, and contractual agreements.
Manage relationships with key suppliers, fostering partnerships and driving continuous improvement initiatives.
Collaborate with stakeholders to develop and implement risk mitigation strategies and ensure supply chain resilience.
Stay updated on regulatory changes and compliance requirements related to procurement activities.
•Managing a team of 3 purchasers.
•Identify and select reliable suppliers based on quality, price, and delivery capabilities.
• Prepare and issue requests for quotations (RFQs) and bids to potential suppliers.
• Conduct negotiations to secure favorable terms. • Ensure compliance with policies, regulations, and manage procurement-related risks.
• Monitor supplier performance and address any issues or concerns promptly.
• Identify process improvements, cost-saving opportunities, and implement best practices. • •Maintain accurate procurement records and generate reports as required.