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Procurement Specialist
3 weeks ago
The Procurement Specialist is a critical role that oversees the acquisition of goods and services for projects. This position plays a key part in ensuring timely, cost-effective, and compliant procurement of materials, equipment, and services.
Key Responsibilities:
This role includes strategic sourcing, vendor management, and purchase order management. The Procurement Specialist must identify, evaluate, and qualify vendors; maintain approved vendor lists; and develop supplier relationships to ensure on-time delivery performance.
Purchase Order Management:
The Procurement Specialist ensures timely issuance of purchase orders, monitors procurement lead times, and coordinates with internal teams to align procurement with project schedules.
Cost Optimization:
Achieve targeted procurement cost savings by monitoring supplier NCR rates and negotiating best value without compromising quality.
Supply Chain Management:
Maintain optimal inventory levels, track material availability, and coordinate logistics for efficient delivery.
Documentation and Compliance:
Maintain accurate procurement documentation and ensure compliance with company policies, contractual requirements, and audit standards.
Cross-Functional Collaboration:
Liaise with internal stakeholders to align procurement priorities and participate in project review meetings to provide status updates.
Performance Reporting:
Maintain a procurement KPI dashboard and submit monthly reports for review and incentive validation.
Requirements:
- Bachelor's degree in Supply Chain Management, Engineering, or related field (Master's preferred)
- Minimum 8–10 years' procurement experience in EPC, offshore wind, oil & gas, or modular fabrication industries
- Strong negotiation, vendor management, and contract management skills
- Proficiency in procurement software, ERP systems, and MS Office tools
- Excellent communication and interpersonal skills
- Knowledge of quality standards, HSE compliance, and industry regulations