What are the responsibilities and job description for the Procurement Specialist position at Elwood Corporation?
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Sourcing and Procurement: Identify and source raw materials, components, and supplies necessary for manufacturing operations. Ensure that all materials are procured at the best possible prices while maintaining quality standards and spcifications.
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Supplier Management: Develop and maintain strong relationships with suppliers. Negotiate contracts and terms to secure favorable pricing and delivery schedules.
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Inventory Management: Monitor inventory levels to ensure that production needs are met without excess stock. Place orders to replenish supplies as needed.
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Market Analysis: Conduct market research to stay informed about industry trends, pricing fluctuations, and supplier performance. Use this information to make informed purchasing decisions.
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Collaboration: Work closely with other departments, such as production, engineering, finance, and logistics, to align procurement activities with business goals and production schedules.
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Compliance and Documentation: Ensure that all procurement activities comply with legal and regulatory requirements. Maintain accurate records of purchases, contracts, and supplier information.
This role is crucial in ensuring that manufacturing processes run smoothly and efficiently, directly impacting the overall productivity and profitability of the organization. The salary for this position is competitive and commensurate with experience, typically ranging from $50,000 to $65,000 annually, depending on qualifications, industry experience, and education.
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Experience: Previous experience in purchasing or procurement, preferably in a manufacturing environment, is preferred.
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Skills: Strong negotiation, analytical, and communication skills are essential. Proficiency in using purchasing and inventory management software is also important. Knowledge of Acumatica a plus.
Work Location: This is a 100% onsite position
Work Authorization: Visa sponsorship is not available for this position
Salary : $50,000 - $65,000