Procurement Coordinator
Operations

Procurement Coordinator

Looking to hire your next Procurement Coordinator? Here’s a full job description template to use as a guide.

66000
yearly U.S. wage
26400
yearly with Vintti

* Salaries shown are estimates. Actual savings may be even greater. Please schedule a consultation to receive detailed information tailored to your needs.

About Vintti

At Vintti, we're redefining the economics of staffing for US businesses. Our agency connects SMBs, startups, and firms with top Latin American talent, offering a dual benefit of high-quality work and cost savings. By tapping into this rich talent pool, our clients can optimize their budgets, increase productivity, and gain a competitive advantage in their respective markets.

Description

A Procurement Coordinator plays a crucial role in managing a company's purchasing activities, ensuring the efficient and cost-effective acquisition of goods and services. This position involves coordinating with suppliers, negotiating contracts, and monitoring inventory levels to meet organizational needs. Additionally, a Procurement Coordinator ensures compliance with company policies and industry regulations, while maintaining accurate records of purchases and supplier performance. By fostering strong supplier relationships and implementing strategic procurement processes, the Procurement Coordinator contributes to the overall operational efficiency and profitability of the business.

Requirements

- Bachelor's degree in Supply Chain Management, Business Administration, or related field.
- Minimum of 3 years' experience in procurement or supply chain management.
- Strong negotiation skills and ability to build relationships with suppliers.
- Proficiency in procurement software and Microsoft Office Suite (Excel, Word, PowerPoint).
- Excellent communication and interpersonal skills.
- Strong analytical and problem-solving abilities.
- Ability to manage multiple tasks and prioritize under tight deadlines.
- Experience with inventory management and control.
- Knowledge of market research and sourcing techniques.
- Familiarity with procurement policies, procedures, and compliance requirements.
- Attention to detail and strong organizational skills.
- Ability to work both independently and as part of a team.
- Experience in contract review and management.
- Understanding of supply chain processes and best practices.
- Certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Professional (CPP) are a plus.

Responsabilities

- Process and review purchase requisitions and orders.
- Negotiate pricing, delivery schedules, and terms with suppliers.
- Track, manage, and maintain inventory levels.
- Conduct market research to identify new suppliers and products.
- Evaluate supplier performance based on quality, cost, and delivery reliability.
- Prepare and distribute procurement reports and analyses.
- Collaborate with various departments to determine procurement needs.
- Resolve discrepancies and issues related to orders, such as delays and quality concerns.
- Maintain accurate procurement records and documentation.
- Update and manage supplier databases and contact information.
- Coordinate with accounts payable to ensure timely payment of invoices.
- Monitor compliance with procurement policies and procedures.
- Participate in contract review and management.
- Assist in developing and implementing procurement strategies.
- Provide training and support to junior procurement staff and other stakeholders.

Ideal Candidate

The ideal candidate for the Procurement Coordinator role will possess a Bachelor's degree in Supply Chain Management, Business Administration, or a related field, coupled with a minimum of 3 years' experience in procurement or supply chain management. They will be adept at negotiating pricing, delivery schedules, and terms with suppliers, and will excel in building and maintaining strong relationships. Proficiency in procurement software and the Microsoft Office Suite (Excel, Word, PowerPoint) is essential, along with excellent communication and interpersonal skills. This candidate will demonstrate strong analytical and problem-solving abilities, a keen attention to detail, and robust organizational skills. They will have experience managing inventory levels and conducting market research to source new suppliers and products. A strategic thinker focused on continuous improvement, they will also be adaptable and open to change. Familiarity with procurement policies, procedures, and compliance requirements is crucial, as is an ability to work under pressure and meet deadlines. The ideal candidate will embody a high level of integrity and professionalism, exhibit a proactive and self-motivated attitude, and maintain a strong work ethic and dedication. Additionally, possessing certifications such as a Certified Professional in Supply Management (CPSM) or Certified Purchasing Professional (CPP) would be a plus, as would experience in contract review and management. With a customer-focused attitude and the ability to solve complex problems effectively, this candidate will thrive both independently and as part of a collaborative team, providing training and support to junior procurement staff and other stakeholders as needed.

On a typical day, you will...

- Review and process purchase requisitions and orders.
- Communicate with suppliers to negotiate pricing, delivery schedules, and terms.
- Track and manage inventory levels to ensure appropriate stock levels.
- Conduct market research to source new suppliers and products.
- Evaluate supplier performance based on quality, cost, and delivery reliability.
- Prepare and distribute procurement reports and analyses.
- Collaborate with various departments to understand their procurement needs.
- Resolve issues related to order discrepancies, delays, and quality concerns.
- Maintain accurate procurement records and documentation.
- Update and manage supplier databases and contact information.
- Coordinate with the accounts payable team to ensure timely payment of invoices.
- Monitor compliance with procurement policies and procedures.
- Participate in contract review and management.
- Assist in the development and implementation of procurement strategies.
- Provide training and support to junior procurement staff and other stakeholders.

What we are looking for

- Strong attention to detail
- Excellent organizational skills
- Effective communicator, both verbally and in writing
- Proactive and self-motivated
- Ability to build and maintain strong relationships
- High level of integrity and professionalism
- Strategic thinker with a focus on continuous improvement
- Adaptable and open to change
- Ability to work well under pressure and meet deadlines
- Strong analytical mindset
- Ability to solve complex problems effectively
- Team player with a collaborative approach
- Customer-focused attitude
- Strong work ethic and dedication

What you can expect (benefits)

- Competitive salary range: $45,000 - $65,000 annually
- Comprehensive health insurance (medical, dental, vision)
- 401(k) retirement plan with company match
- Paid time off (PTO) and paid holidays
- Flexible working hours and remote work opportunities
- Professional development and training programs
- Tuition reimbursement for further education
- Employee wellness programs and resources
- Life and disability insurance
- Employee assistance program (EAP)
- Opportunities for career growth and advancement
- Employee discounts on company products and services
- Collaborative and supportive work environment
- Regular team-building activities and events
- On-site gym and fitness facilities (if applicable)
- Commuter benefits and transportation reimbursement (if applicable)

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