Procurement Specialist

• Develop and implement procurement strategies and initiatives to ensure the timely and cost-effective acquisition of materials and services.

• Lead key initiatives, with cross-functional team collaboration, that focus on process improvement, standardization, optimization and build efficiencies in our workflows

• Collaborate with finance and accounting teams to interpret forecasts and analyze data to plan purchasing needs for production.

• Manage supplier and vendor relationships, including negotiating pricing, terms, and contracts.

• Identify and qualify new suppliers to maintain a robust and reliable supply chain.

• Monitor and evaluate the performance of existing suppliers, implementing improvement plans when necessary.

• Coordinate with internal commercial and operations teams to align procurement activities with company objectives.

• Track market trends, competitor strategies, and supplier performance to identify opportunities for cost savings and quality improvements.

• Prepare and present reports on procurement activities, supplier performance, and market conditions.

• Ensure all procurement activities comply with company policies, industry standards, and regulatory requirements.

Required Skills and Qualifications:

• Minimum of 3 years of experience in purchasing and/or procurement, with exposure to the healthcare or pharmaceutical industries being a plus.

• Strong organizational skills with the ability to manage multiple priorities and projects simultaneously.

• Proficient in Microsoft Excel and other data analysis tools.

• Excellent analytical skills with the ability to interpret complex data and make informed decisions.

• Proven experience in supplier and vendor management, including contract negotiation and performance evaluation.

• Strong communication and interpersonal skills for effective collaboration with internal and external stakeholders.

• Ability to work independently and as part of a team in a fast-paced, dynamic environment.

• Detail-oriented with a strong focus on accuracy and precision.

Preferred Qualifications:

• Experience in procurement for the healthcare or pharmaceutical industries.

• Familiarity with Workday, ERP systems, vendor portals, and procurement software.