What are the responsibilities and job description for the Procurement Specialist position at The Tranzonic Companies?
About The Tranzonic Companies
The Tranzonic Companies is a leading hub for strategic manufacturing and sales companies that cater to various market segments. We empower our distributor partners through operational efficiency, innovation, and a culture of integrity.
Our rapid growth, driven by innovative problem-solvers, fuels our mission to tackle challenges across industries. Our cohesive approach promotes synergy and fosters positive relationships with vendors, suppliers, and customers.
Position Overview:
The Procurement Specialist supports the Purchasing Manager in purchasing raw materials, packaging, and services, ensuring timely and cost-effective supply chain operations.
This role plays a key part in enhancing vendor relationships, optimizing costs, and contributing to the overall efficiency of the purchasing function.
Key Responsibilities:
- Generate and manage purchase orders in Batchmaster, coordinating with suppliers to ensure timely order placement.
- Analyze pricing structures and proactively request quotes from suppliers to optimize cost efficiency.
- Monitor and adjust supply schedules to prevent production delays, ensuring optimal inventory levels are maintained.
- Prepare and maintain monthly purchasing reports to track performance, costs, and inventory trends.
- Evaluate and implement cost-saving initiatives, collaborating with cross-functional teams to drive process improvements.
- Foster positive relationships with vendors, overseeing their performance and ensuring compliance with contractual terms.
- Organize and update supplier database, including delivery schedules, invoices, and quantities to streamline purchasing operations.
- Manage inventory levels and forecast future supply needs, ensuring accurate data for ordering, shipping, and cost tracking.
Qualifications:
- High School Diploma or equivalent (Associate or Bachelor's Degree in Logistics, Purchase and Supply Chain, Business Administration or related fields is preferred)
- 1-2 years of experience purchasing and expediting that focuses on the needs of a manufacturing/production environment.
- Ability to work with minimal supervision.
- Proficiency with MS Office and merchandising software systems.
- Multitasking and working under pressure.
- Strong analytical skills.
- Direct experience with spreadsheet computer applications.