Procurement Specialist

JM Eagle•Los Angeles, CA

4d•$60,000 - $85,000•Onsite

About The Position

The Procurement Specialist supervises staff involved in procuring raw materials, parts, equipment, supplies, and services from external sources, and oversees vendor relations. The role includes managing inventory-related purchasing from Taiwan and China and monitoring product delivery status. The Specialist reviews and approves requisitions, assigns them for processing, manages supplier communications and complex purchase-order contract negotiations, and oversees purchasing records. The position also analyzes market and pricing trends, develops purchasing forecasts and cost-saving measures, recommends procedures, and selects, trains, and evaluates employees. Other job-related duties and special projects may be assigned.

Requirements

Associate’s degree and 3 to 5 years of related experience, or an equivalent combination of education and experience.
Proficiency in Microsoft Office, including Word, Excel, and Outlook.
Ability to read and interpret vendor contracts, representative agreements, and policy and procedure manuals.
Ability to communicate effectively, write routine reports and correspondence, and speak effectively before groups.
Excellent verbal and written communication skills.
Ability to calculate figures and amounts such as discounts, interest, proportions, and percentages, and apply basic algebra and geometry concepts.
Ability to solve practical problems in situations with limited standardization and interpret instructions provided verbally or in written, diagram, or schedule form.

Nice To Haves

Bachelor’s degree in Business Management or Supply Chain Management.
Bilingual English and Mandarin Chinese language skills.

Responsibilities

Ensure purchasing from Taiwan and China related to inventory ordering, and monitor product delivery status.
Recommend vendors for notification to bid on contracts and review bids for adherence to procedures and policies.
Maintain relationships with vendors and suppliers and negotiate contracts for complex purchase orders.
Review purchase requisitions for accuracy and completeness, approve requisitions, designate approved suppliers, and assign requisitions to staff for processing.
Communicate supplier changes in specifications, change orders, quantities, and adjustments.
Monitor economic, industrial, and other trends affecting markets and prices; evaluate purchasing and price trends to forecast demand and minimize purchasing costs.
Recommend and implement new procedures.
Select, train, and evaluate employee performance.
Supervise maintenance of the purchase order, invoice, and receiving records system.
Perform other job-related duties and special projects as directed.