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Procurement Specialist

2 weeks ago

Islamabad, Islamabad, Pakistan Translation Empire Full time $60,000 - $80,000 per year

About:

UK's leading Translation and Interpretation Company, Translation Empire is looking to employ an enthusiastic and experienced Procurement Specialist. We specialize in providing world-class professional Interpretation and translation services throughout the UK also around the globe.

Job Summary:

A procurement specialist, also known as a purchasing specialist, purchases numerous products needed by an organization. Their primary responsibilities include locating key suppliers, negotiating the company's purchase agreements, and ensuring that their supplies and goods adhere to the company's standards. We are in search of an astute procurement office specialist to supervise purchasing activities and guarantee that acquired materials are both cost-effective and of excellent quality. The procurement officer's tasks include managing the workforce, maintaining favorable supplier connections, reviewing supply possibilities, authorizing purchases, and keeping track of the items. To be an effective procurement specialist, you must be analytical and stay up with product and service trends. A top procurement officer should be capable of negotiating effectively and ensuring that all purchases comply with business standards.

Responsibilities And Duties:

  • look for potential suppliers/ vendors of goods and services.
  • Invest in goods or services that fit the standards of quality set by the company in the most efficient and economical way.
  • Drafting plans for the acquisition of supplies, services, and equipment.
  • Analyze and bargain vendor agreements and negotiate the conditions of the agreement and the price.
  • Maintaining adequate procurement and pricing records and inventory management.
  • Monitor inventories and replenish supplies as necessary.
  • Follow orders to ensure prompt delivery.
  • Enter order information (such as vendors, quantities, and pricing) into internal databases.
  • Keep up with market developments and the latest merchandise.
  • Communicate effectively with suppliers and project managers regarding updates, product changes, and specifics.
  • To decide the right cost, compare the products that are offered with market trends.
  • Updating and maintaining supplier information such as delivery schedules, product lines, and so on.
  • Preparing budgets, cost analyses, and reports.
  • Examine invoices to verify that delivered products are accurate.

Requirements:

Qualifications:

The following degree subjects may improve your chances:

  • BSc in Logistics,
  • Business Administration preferably in the supply chain,
  • Business Management

Requirements and skills :

  • 1+ Work experience as a Purchasing Officer, Procurement Agent, or a similar role.
  • Experienced at compiling and following strict budgets.
  • High level of expertise in vendor sourcing (researching, evaluating, and liaising with vendors).
  • Excellent negotiating abilities to obtain the most favorable terms and value for money.
  • Strong analytical abilities, including the ability to prepare financial reports and do cost analyses.
  • Numeracy skills for analyzing facts and figures.
  • Excellent written and verbal communication skills
  • Exceptional interpersonal skills and rapport building
  • Decision Making