What are the responsibilities and job description for the Purchasing Specialist position at FifthColor?
Overview
A Purchasing Specialist plays a crucial role in managing an organization’s supply chain and procurement processes. They are responsible for sourcing, negotiating, and acquiring the goods and services the company needs to operate effectively and cost-efficiently.
RESPONSIBILITIES
Supplier Management
- Identify, evaluate, and establish relationships with reliable suppliers.
- Negotiate contracts, pricing, and terms to ensure the best value.
- Monitor supplier performance and address issues promptly.
Procurement Planning:
- Assess organizational needs and forecast demand for materials or services.
- Develop and implement purchasing strategies aligned with business goals.
- Manage inventory and MOQ using a Kanban system
Cost Management:
- Optimize purchasing budgets and achieve cost savings.
- Conduct market research to benchmark prices and identify cost trends.
Order Processing:
- Create and process purchase orders.
- Ensure timely delivery of goods and services while maintaining quality standards.
- Optimize ordering materials together to save on shipping
Compliance and Documentation:
- Ensure adherence to company policies and regulatory requirements.
- Maintain accurate records of purchases, contracts, and inventory.
Collaboration and Communication:
- Work closely with internal departments (e.g., finance, operations, and logistics).
- Address and resolve any procurement-related issues or delays.
QUALIFICATIONS
- Strong negotiation and analytical skills.
- Proficiency in procurement software and tools.
- Knowledge of supply chain management and market dynamics.
- Excellent communication and relationship-building abilities.
- A degree in business, supply chain management, or a related field is often preferred.
- This role requires a mix of strategic thinking, attention to detail, and strong interpersonal skills to ensure the organization maintains smooth operations while controlling costs.
- Organizational work habits, ability to multitask and prioritize effectively.
Job Type: Full-time
Pay: $60,000.00 - $68,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Vision insurance
Schedule:
- Monday to Friday
Ability to Commute:
- Sheboygan Falls, WI 53085 (Required)
Ability to Relocate:
- Sheboygan Falls, WI 53085: Relocate before starting work (Required)
Work Location: In person
Salary : $60,000 - $68,000
