What are the responsibilities and job description for the Senior Procurement Specialist position at Futurex?
Job Summary:
The Senior Procurement Specialist will be responsible for leading the procurement efforts of the company, focusing on strategic sourcing, supplier negotiation, and cost management. The individual will play a key role in developing and executing procurement strategies to optimize technology investments and ensure the continuous flow of goods and services necessary for our operations.
Key Responsibilities:
- Develop and implement procurement strategies to ensure cost-effective acquisition of IT hardware, software, and services.
- Lead the negotiation process with suppliers to secure competitive prices and favorable terms.
- Manage relationships with key suppliers and vendors, conducting regular reviews to ensure compliance with service level agreements (SLAs).
- Collaborate with IT and other departments to understand their procurement needs and specifications.
- Conduct market research to stay informed about industry trends and emerging technologies.
- Oversee the procurement process from requisition to receipt, including order placement, tracking, and verification of delivery and invoice accuracy.
- Ensure compliance with company policies, legal requirements, and ethical standards in all procurement activities.
- Develop and maintain a supplier management program that evaluates performance, risk, and procurement efficiencies.
- Implement cost-saving initiatives and negotiate contracts that optimize expenditure.
- Prepare and present reports on procurement activities, savings, and challenges to senior management.
Qualifications:
- Bachelor's degree in Business, Supply Chain Management, Information Technology, or related field.
- Minimum of 5 years of experience in procurement, specifically in an IT or technology-focused environment.
- Strong understanding of IT products and services, including software licensing, hardware procurement, and cloud services.
- Proven track record of negotiating contracts and managing supplier relationships.
- Excellent analytical, problem-solving, and decision-making skills.
- Proficient in procurement software and tools.
- Strong communication and interpersonal skills, with the ability to work effectively across all levels of the organization.
- Ability to manage multiple projects simultaneously and meet deadlines.
- Certification in procurement or supply chain management (e.g., CIPS, CPSM) is preferred.
Working Conditions:
- This role may require occasional travel to meet with suppliers or attend industry events.
- The position is full-time.
- Health, dental, vision, life, and short/long-term disability insurance
- Paid vacation, holidays, and sick leave
- Competitive compensation and opportunities for advancement
- Retirement plan with employer contribution match
- Scenic corporate campus with amenities including a tennis court, jogging trail, and putting green
- Welcoming, family-style corporate culture uniquely suited to fast-paced, entrepreneurial, and motivated individuals
