Procurement Specialist

Procurement Specialist at RemoteHunter

This organization empowers manufacturing businesses to improve design, modeling, development, and sales processes across the manufacturing value chain, utilizing AI-driven technology solutions. The Procurement Specialist will establish and manage the procurement function by developing end-to-end processes, policies, and tools to support companywide procurement strategy, overseeing sourcing, vendor management, contract negotiations, and purchasing operations.

Responsibilities

• Develop and implement end-to-end procurement processes, including approval workflows and purchasing controls
• Draft and maintain procurement policies, standard operating procedures, and standards
• Build and maintain a centralized supplier database and procurement documentation system
• Establish standardized sourcing and vendor evaluation processes
• Lead RFP/RFQ processes and negotiate pricing, contract terms, and purchasing agreements
• Apply AI-based analytics to evaluate spend data and generate cost-saving insights
• Use AI-powered tools to identify new vendors and assess risk profiles
• Establish vendor onboarding, qualification, risk assessment, and performance evaluation programs
• Collaborate with Finance, IT, Legal, and other teams to define requirements and forecast needs
• Monitor supplier performance, resolve issues, and drive continuous improvement
• Analyze purchasing data to identify cost-saving opportunities and improve effectiveness
• Recommend and implement procurement technology tools to streamline purchasing
• Prepare and present procurement reports on spending, vendor performance, and risks

Requirements

• Bachelor’s degree in business administration or related field
• 3 to 7 years of procurement or supply chain experience, preferably in a fast-paced startup environment
• Experience creating procurement processes, policies, or sourcing frameworks
• Strong negotiation, vendor management, and contract management skills
• Knowledge of procurement best practices, cost-analysis techniques, and compliance standards

Benefits & Perks

• PTO, Sick, and Parental Leave
• Medical, Dental, and Vision Insurance
• 401(k) Plan
• Health Savings Account
• Life Insurance
• Employee Assistance Program

Compensation

• USD 100,000 to USD 115,000 yearly
• Full-time, bonus eligible position
• Salary based on experience, education, training, skills, responsibilities, benefits, and work location

Key skills/competency

• Procurement Strategy
• Vendor Management
• Contract Negotiation
• Sourcing Processes
• AI-based Analytics
• Cost Analysis
• Policy Development
• Risk Assessment
• Supply Chain Management
• Process Improvement