Senior Procurement Specialist

5 days ago


City Of London, United Kingdom DSJ Global Full time
Job Summary

The Senior Buyer will play a pivotal role in the procurement process, responsible for sourcing, negotiating, and purchasing high-quality products and services to meet DSJ Global's operational needs.

This position requires a strategic thinker with strong analytical skills and the ability to foster relationships with suppliers while ensuring cost-effective purchasing practices.

Key Responsibilities:
  • Strategic Sourcing:
    • Develop and implement sourcing strategies to optimize purchasing processes and reduce costs.
    • Identify and evaluate suppliers to ensure high-quality products and services that meet organizational standards.
  • Negotiation:
    • Lead negotiations with suppliers to secure favorable terms, pricing, and contracts.
    • Analyze market trends and supplier performance to make informed purchasing decisions.
  • Supplier Management:
    • Establish and maintain strong relationships with suppliers and vendors.
    • Monitor supplier performance and compliance with contract terms, addressing any issues that arise.
  • Inventory Management:
    • Collaborate with inventory management teams to forecast demand and ensure adequate stock levels.
    • Analyze inventory turnover rates to improve purchasing strategies and reduce excess inventory.
  • Cross-Functional Collaboration:
    • Work closely with other departments (e.g., Finance, Operations, and Marketing) to align procurement strategies with company goals.
    • Participate in cross-functional projects to improve overall business efficiency.
  • Market Research:
    • Conduct market research to stay updated on industry trends, pricing, and new products.
    • Utilize data analysis to inform purchasing decisions and identify cost-saving opportunities.
  • Compliance and Reporting:
    • Ensure compliance with company policies, industry regulations, and ethical standards in all purchasing activities.
    • Prepare and present regular reports on procurement activities, supplier performance, and budgetary adherence to management.
  • Team Leadership:
    • Mentor and guide junior buyers and procurement staff, fostering professional development and skill enhancement.
    • Contribute to the continuous improvement of procurement processes and systems.

Estimated salary: $80,000 - $110,000 per annum.

Qualifications:

Bachelor's degree in Business Administration, Supply Chain Management, or a related field; Master's degree or professional certification (e.g., C.P.M., C.P.S.M.) preferred.

Minimum of 5-7 years of experience in procurement or purchasing, with a proven track record in strategic sourcing and supplier management.



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