Procurement Specialist
1 week ago
Job Description:
We are seeking a highly skilled Purchasing and Procurement Specialist to join our team at Stream-Flo Industries. The ideal candidate will be responsible for ensuring the continuity of supply for specific product lines, while driving continuous cost and process improvements.
Key Responsibilities:
- Purchasing and expediting of items for stock and customer orders in compliance with purchasing and QA policies and procedures.
- IDentify supply shortfalls and communicate these gaps along with a contingency plan to managers and internal customers.
- Determine inventory levels, reordering points, min/max values and safety stock levels to satisfy demand based on production, demand, market trends, stock turns, shelf-life constraints and on time delivery.
- Provide purchasing plan and control information by collecting and analyzing data and trends.
- Provide Quotations to Sales/Estimating as required.
- Negotiate pricing and volume discounts with suppliers for stock and projects.
- Investigate part substitutions (including material at Branches or Reman) to present to Engineering or Sales in order to optimize inventory and minimize or reduce delivery time.
- Responsible for handling aging inventory, including coordinating with vendors to return inventory for credit, suggesting substitutions to Engineering and Sales or suggest to scrap obsolete material.
- Resolve supply chain issues including commercial competitiveness, on time delivery, NCR issues and supplier concerns.
- Maintain current knowledge with respect to practices, trends, and information relative to supply chain management, the oil and gas industry and the Company.
- Adhere to the Stream-Flo Guiding Principles.
- Perform other duties and responsibilities as required.
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