Procurement Specialist
Applied Lacquer Industries Applied Lacquer Industries Industry, CA Industry, CA Full-time Full-time $46,000 - $60,000 a year $46,000 - $60,000 a year Role Overview:
As Procurement Specialist, you will be responsible for order placement and order tracking, logistics plan and strategy, supplier management, vendor negotiation, managing purchase price variance (PPV), and optimizing lead times to maximize operational efficiency.
Key
Responsibilities:
Order Placement & Tracking:
Maintaining accuracy within ERP system, the Procurement Specialist is responsible for ensuring accuracy of SKU's, Quantities, Unit Price, Lead Times and Terms & Conditions.
Managing Vendor production progress by providing weekly status updates to Operations teams.
Proactively monitor any changes in orders and timely communication between vendors and internal relevant departments.
Manage incoming/receiving ensuring accuracy of quantities and work with QC to resolve any quality issues with incoming shipments.
Negotiate with vendors to resolve quality issues identified by QC department.
Prepare necessary documentation for payment application and submit to Accounting Dept.
Ensure the accuracy and completeness of information in payment documents to facilitate smooth financial transactions.
Logistics Planning and Strategy:
Create logistical plan and manage strategy.
Evaluation and selection of most cost-saving/time-efficient shipping solutions.
Manage & control shipping fees to within +/-5% budget.
Maintain compliance and execution of all necessary export/import documents.
Coordinate with vendors to consolidate goods in shipping containers to optimize shipping cost.
Supplier Management:
Maintain an updated supplier database in ERP system.
Evaluate supplier performance on monthly basis and provide supplier score cards to Operations.
Establish and maintain strong relationships with Suppliers to facilitate effective communication and negotiation.
Vendor Negotiation:
Negotiate pricing, terms, and contracts with suppliers to ensure favorable agreements that align with company goals.
Continuously assess vendor performance and identify opportunities for cost savings and process improvements.
Purchase Price Variance (PPV) Management:
Monitor and analyze purchase price variance, identifying the root causes of variances and implementing corrective actions.
Work closely with vendors to address pricing discrepancies and negotiate cost reductions.
Collaborate with finance and accounting teams to ensure accurate tracking and reporting of PPV metrics.
Qualifications:
Bachelor's degree in supply chain management, business, or a related field.
Proven experience in demand planning, vendor negotiation, and supply chain management.
Strong analytical and quantitative skills, with proficiency in forecasting tools and ERP systems.
Excellent communication and negotiation skills.
Ability to work collaboratively in a cross-functional environment.
Detail-oriented with a focus on accuracy and precision.
Strong problem-solving and decision-making abilities.
Experience:
Minimum of 5 years of experience in procurement (preferably in RM) or a related role.
Experience in negotiating contracts and agreements with vendors.
Knowledge of supply chain best practices and industry trends.
Job Type:
Full-time Pay:
$46,000.
00 - $60,000.
00 per year
Benefits:
401(k) 401(k) 4% Match 401(k) matching Dental insurance Health insurance Life insurance Paid parental leave Paid time off Professional development assistance Vision insurance Schedule:
8 hour shift Work Location:
In person.
Estimated Salary: $20 to $28 per hour based on qualifications.
As Procurement Specialist, you will be responsible for order placement and order tracking, logistics plan and strategy, supplier management, vendor negotiation, managing purchase price variance (PPV), and optimizing lead times to maximize operational efficiency.
Key
Responsibilities:
Order Placement & Tracking:
Maintaining accuracy within ERP system, the Procurement Specialist is responsible for ensuring accuracy of SKU's, Quantities, Unit Price, Lead Times and Terms & Conditions.
Managing Vendor production progress by providing weekly status updates to Operations teams.
Proactively monitor any changes in orders and timely communication between vendors and internal relevant departments.
Manage incoming/receiving ensuring accuracy of quantities and work with QC to resolve any quality issues with incoming shipments.
Negotiate with vendors to resolve quality issues identified by QC department.
Prepare necessary documentation for payment application and submit to Accounting Dept.
Ensure the accuracy and completeness of information in payment documents to facilitate smooth financial transactions.
Logistics Planning and Strategy:
Create logistical plan and manage strategy.
Evaluation and selection of most cost-saving/time-efficient shipping solutions.
Manage & control shipping fees to within +/-5% budget.
Maintain compliance and execution of all necessary export/import documents.
Coordinate with vendors to consolidate goods in shipping containers to optimize shipping cost.
Supplier Management:
Maintain an updated supplier database in ERP system.
Evaluate supplier performance on monthly basis and provide supplier score cards to Operations.
Establish and maintain strong relationships with Suppliers to facilitate effective communication and negotiation.
Vendor Negotiation:
Negotiate pricing, terms, and contracts with suppliers to ensure favorable agreements that align with company goals.
Continuously assess vendor performance and identify opportunities for cost savings and process improvements.
Purchase Price Variance (PPV) Management:
Monitor and analyze purchase price variance, identifying the root causes of variances and implementing corrective actions.
Work closely with vendors to address pricing discrepancies and negotiate cost reductions.
Collaborate with finance and accounting teams to ensure accurate tracking and reporting of PPV metrics.
Qualifications:
Bachelor's degree in supply chain management, business, or a related field.
Proven experience in demand planning, vendor negotiation, and supply chain management.
Strong analytical and quantitative skills, with proficiency in forecasting tools and ERP systems.
Excellent communication and negotiation skills.
Ability to work collaboratively in a cross-functional environment.
Detail-oriented with a focus on accuracy and precision.
Strong problem-solving and decision-making abilities.
Experience:
Minimum of 5 years of experience in procurement (preferably in RM) or a related role.
Experience in negotiating contracts and agreements with vendors.
Knowledge of supply chain best practices and industry trends.
Job Type:
Full-time Pay:
$46,000.
00 - $60,000.
00 per year
Benefits:
401(k) 401(k) 4% Match 401(k) matching Dental insurance Health insurance Life insurance Paid parental leave Paid time off Professional development assistance Vision insurance Schedule:
8 hour shift Work Location:
In person.
Estimated Salary: $20 to $28 per hour based on qualifications.
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