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Procurement and Inventory Specialist
Dynamic SLR Inc Richardson, TX
$68k-89k (estimate)
Full Time 1 Week Ago
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Dynamic SLR Inc is Hiring a Procurement and Inventory Specialist Near Richardson, TX

Dynamic SLR, a professional solar management firm, seeks a qualified and enthusiastic team member for the Procurement and Inventory Specialist role. As a Procurement and Inventory Specialist, you will be responsible for developing and maintaining relationships with manufacturers and distributors, securing competitive prices, sourcing discounted deals, managing internal inventory, and brokering deals with external companies. This role is crucial to ensuring cost-effective procurement and optimal inventory management. You will get to be a part of an organization that encourages team members to learn, lead, and grow!
Responsibilities for a Procurement and Inventory Specialist:

  • Supplier Relationship Management: Develop and maintain strong relationships with manufacturers and distributors nationwide to ensure a reliable supply chain.
  • Cost Optimization: Negotiate and secure the best possible prices for a growing list of products, ensuring cost savings and value for the company.
  • Deal Sourcing: Identify and procure discounted deals and special offers that benefit the company.
  • Inventory Management: Oversee the liquidation of obsolete or slow-moving inventory to maximize returns and reduce holding costs.
  • Brokering Deals: Facilitate and broker deals with external companies to offload excess inventory and establish mutually beneficial partnerships.
  • Market Analysis: Conduct market research to stay updated on industry trends, pricing fluctuations, and potential new suppliers.
  • Contract Negotiation: Prepare and negotiate contracts with suppliers to ensure favorable terms and conditions for the company.
  • Data Analysis: Utilize data analytics to track procurement activities, evaluate supplier performance, and identify areas for improvement.
  • Compliance: Ensure all procurement activities comply with company policies, industry regulations, and ethical standards.
  • Reporting: Prepare regular reports on procurement activities, cost savings, and inventory status for management review.

Requirements for a Procurement and Inventory Specialist:

  • Strong negotiation and communication skills.
  • Proficiency in procurement software and inventory management systems.
  • Excellent analytical and problem-solving abilities.
  • Ability to work independently and collaboratively in a team environment.
  • Detail-oriented with strong organizational skills.

Qualifications for a Procurement and Inventory Specialist:

  • Bachelor’s degree in Supply Chain Management, Business Administration, or a related field preferred.
  • Minimum of 3-5 years of experience in procurement, supply chain management, or a related role. Experience in a material and supply chain role is a plus.
  • Certification in Procurement or Supply Chain Management (e.g., CPSM, CSCP) is preferred.
  • Excellent analytical and problem-solving skills are required.
  • Excellent oral and written communication skills with a commitment to delivering superior customer service.
  • Ability to work as part of a team in a fast-paced entrepreneurial team environment.
  • Attention to detail and deadline orientation; Ability to navigate competing priorities.

Wage and Benefits for a Procurement and Inventory Specialist:

  • $60,000-$70,000 annually
  • Health insurance: Medical, Dental, Vision
  • Fringe benefits: PTO, Gym membership, Referral Bonus, Tuition Reimbursement, and more

Job Type: Full-time

Pay: $60,000.00 - $70,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Paid parental leave
  • Paid time off
  • Professional development assistance
  • Referral program
  • Vision insurance

Schedule:

  • 10 hour shift
  • 8 hour shift
  • Day shift
  • Monday to Friday
  • Weekends as needed

Job Summary

JOB TYPE

Full Time

SALARY

$68k-89k (estimate)

POST DATE

06/18/2024

EXPIRATION DATE

08/17/2024

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The following is the career advancement route for Procurement and Inventory Specialist positions, which can be used as a reference in future career path planning. As a Procurement and Inventory Specialist, it can be promoted into senior positions as an IT Procurement Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement and Inventory Specialist. You can explore the career advancement for a Procurement and Inventory Specialist below and select your interested title to get hiring information.