Procurement Planner
Operations

Procurement Planner

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

53000
yearly U.S. wage
21200
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 understand the importance of real-time collaboration in today's fast-paced business environment. Our staffing solutions focus on connecting US companies with Latin American talent operating in compatible time zones. This strategic approach ensures that businesses can engage with their team members during regular office hours, facilitating immediate communication, swift problem-solving, and seamless project coordination.

Description

A Procurement Planner plays a critical role in the supply chain management process, focusing on ensuring the timely and cost-effective acquisition of products and materials needed for operations. This position involves forecasting demand, planning inventories, and managing supplier relationships to maintain optimal stock levels and avoid disruptions. By analyzing market trends, supplier performance, and organizational requirements, Procurement Planners develop strategies to improve efficiencies, reduce costs, and support production schedules. They work closely with various departments, including logistics, production, and finance, to ensure seamless flow and availability of resources.

Requirements

- Bachelor's degree in Supply Chain Management, Business Administration, or related field.
- Minimum of 3-5 years of experience in procurement, supply chain management, or related field.
- Strong understanding of procurement processes and inventory management.
- Proficiency in using procurement and inventory management software, such as ERP systems.
- Excellent negotiation skills and ability to build strong relationships with suppliers.
- Strong analytical and problem-solving skills.
- Exceptional organizational and time-management skills.
- Ability to work under pressure and meet tight deadlines.
- Strong communication and interpersonal skills.
- Familiarity with market research methods and data analysis.
- Detail-oriented with a high level of accuracy.
- Proficiency in Microsoft Office Suite, particularly Excel.
- Knowledge of contract management and procurement regulations.
- Ability to work independently and as part of a team.
- Professional certification such as Certified Purchasing Manager (CPM) or Certified Professional in Supply Management (CPSM) is a plus.
- Experience with continuous improvement processes and methodologies.

Responsabilities

- Develop and maintain procurement plans and schedules to ensure timely availability of materials.
- Analyze inventory levels, schedules, and forecasts to determine procurement needs.
- Collaborate with suppliers to negotiate prices, terms, and delivery schedules.
- Monitor supplier performance to ensure compliance with contractual obligations and quality standards.
- Process purchase orders and ensure accuracy of order information.
- Track and manage the procurement process from order placement to delivery.
- Communicate with internal departments to understand and meet material requirements.
- Resolve supply chain issues and manage risks related to procurement activities.
- Evaluate and select vendors based on reliability, quality, and cost-efficiency.
- Conduct market research to identify potential new suppliers and evaluate market trends.
- Prepare and present procurement reports and analyses to management.
- Ensure proper documentation and recording of procurement activities and transactions.
- Maintain and update procurement databases and enterprise resource planning (ERP) systems.
- Support continuous improvement initiatives in procurement processes.
- Assist in budget preparation and cost management for procurement activities.

Ideal Candidate

The ideal candidate for the Procurement Planner role is a highly organized and detail-oriented professional with a Bachelor's degree in Supply Chain Management, Business Administration, or a related field, backed by 3-5 years of relevant experience in procurement or supply chain management. They bring a strong understanding of procurement processes and inventory management, and are proficient in using ERP systems and other procurement software. With excellent negotiation skills and the ability to build robust relationships with suppliers, they can secure favorable terms while ensuring high-quality standards. The candidate excels in analytical thinking and problem-solving, capable of conducting thorough market research and data analysis to drive informed decisions. Their exceptional communication and interpersonal abilities facilitate effective collaboration with both internal departments and external partners, ensuring material requirements are met efficiently. Proactive and self-motivated, they possess strong time-management skills to meet tight deadlines and adapt flexibly to changing circumstances. A commitment to continuous improvement, high levels of integrity and ethical behavior, and a customer-focused approach define their work ethic. Additionally, holding a professional certification such as CPM or CPSM would be a valuable asset, underscoring their expertise and dedication to the field.

On a typical day, you will...

- Develop and maintain procurement plans and schedules to ensure timely availability of materials.
- Analyze inventory levels, schedules, and forecasts to determine procurement needs.
- Collaborate with suppliers to negotiate prices, terms, and delivery schedules.
- Monitor supplier performance to ensure compliance with contractual obligations and quality standards.
- Process purchase orders and ensure accuracy of order information.
- Track and manage the procurement process from order placement to delivery.
- Communicate with internal departments to understand and meet their material requirements.
- Resolve supply chain issues and manage risks related to procurement activities.
- Evaluate and select vendors based on reliability, quality, and cost-efficiency.
- Conduct market research to identify potential new suppliers and evaluate market trends.
- Prepare and present procurement reports and analyses to management.
- Ensure proper documentation and recording of procurement activities and transactions.
- Maintain and update procurement databases and enterprise resource planning (ERP) systems.
- Support continuous improvement initiatives in procurement processes.
- Assist in budget preparation and cost management for procurement activities.

What we are looking for

- Highly organized and detail-oriented
- Strong analytical thinking and data-driven decision-making
- Effective problem-solving skills
- Excellent communication and interpersonal abilities
- Proactive and self-motivated
- Strong negotiation and contract management skills
- Ability to build and maintain strong supplier relationships
- Flexibility and adaptability to changing circumstances
- High level of integrity and ethical behavior
- Team player with collaborative mindset
- Strong time-management skills to meet tight deadlines
- Ability to thrive in a fast-paced, dynamic environment
- Customer-focused with a commitment to internal stakeholder satisfaction
- Continuous improvement mindset
- Tech-savvy with proficiency in ERP and other procurement software systems

What you can expect (benefits)

- Competitive salary range of $70,000 - $90,000 per year.
- Comprehensive health, dental, and vision insurance.
- 401(k) retirement plan with company match.
- Paid time off, including vacation, holidays, and sick leave.
- Flexible work hours and remote work options.
- Professional development and training programs.
- Tuition reimbursement for further education.
- Opportunities for career advancement within the company.
- Wellness programs, including gym membership discounts.
- Employee assistance program for personal and professional support.
- Life insurance and disability coverage.
- Employee referral bonus program.
- Paid parental leave.
- Company-sponsored events and team-building activities.
- Discounts on company products and services.

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