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Procurement Specialist Resume Samples
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0-5 years of experience
Created & rolled out new corporate procurement policies and standard methodology & training
- Coordinated company’s $3 million AMEX Procurement Card (P-card) program
- Recognized by The Cooperative Purchasing Network (TCPN) as ‘Excellence in Procurement Award’ within the State of Georgia for Supplier Development efforts with Small and Disadvantaged Suppliers
- Led a Procurement team to deliver savings of 20% ($200M) using consortiums and preferred vendors
- Improved Customer Excellence Scorecard Rating 10%
- Implemented controls that centralized purchasing to improve productivity by 28%
0-5 years of experience
Strategic Sourcing & Procurement
- Prepared solicitations competitive bids. Quotations and proposals with pertinent
- AAA VIA & Traveler Magazine printing – Renegotiated a 33% reduction in the amount originally proposed by supplier resulting in $686K total savings.
- Led procurement process for replacement of all Ranger in-truck devices with new Android operating system mobile communication devices that lower cost channels and overall support costs. $337,000 net savings was achieved through negotiation, concessions and vendor partnering.
- Successfully renegotiated a contract with Quad Graphics for Club’s VIA and traveler magazines. The negotiation produced $3.7MM dollar savings over a 3 year $11MM savings.
- Successfully negotiated Managed Print Services (HP) reduction in amount originally proposed by the supplier resulting in $1.2MM
- Led, oversaw and executed a multi-channel disposition plan for excess inventory which resulted in a cost avoidance of $349,986
- Project managed several AAA teams through the RFP, planning, scope, timeline, cost/pricing, quality process of the project plan.
0-5 years of experience
Project Manager responsible for managing, developing and engaging strategic alliances and procurement with key IT hardware suppliers for computer hardware including laptops, desktops, servers, and workstations. Key decision-maker in establishing qualified low cost supply base for UNIX systems.
- Negotiated global procurement agreement with key UNIX supplier resulting in a 2% cost savings, and $1.2 million annually.
- Streamlined response time to 24 hours on all requests for servers and workstations.
- Administered contracts and leases ranging in value from $3,000 to $60 million.
0-5 years of experience
- After one week of serving as procurement specialist, developed an accounting tool that streamlined [company name]’s coding process by at least 50% and reduced chances of processing error, resulting in a significant reduction in costs associated with labor and printing/scanning. Tool was adopted by multiple departments across the nation.
- After 6 months in role, conducted an audit that resulted in a savings of over $30,000 per year. By year’s end, total savings to the company exceeded $50,000/year.
- Implemented significant process improvement strategies.
- Managed service level agreements between suppliers and rental operations.
- Managed rental operations procurement activities including RFPs (Request for Proposals).
- Provided supplier report trending to ensure costs, services and products are compliant based on agreement.
6-10 years of experience
Manage all aspects of Strategic and Tactical Procurement and Supplier Management relating to Professional Services in areas such as: Finance, Human Resources, IT & Network Strategy, Legal, Operations, Procurement, Regulation & Pricing, and Risk Management and Tax and Treasury
- Conducting Global and Domestic sourcing events and working closely with Business Functions in managing a variety of Projects, Costs and Supplier engagements. Spend in excess of $500M
- Solid track record in establishing worldwide Contracts that focus on Performance and negotiated savings for all categories of Services. Savings exceeded $17M -2013, $18M-2014.
- Assigned to special projects that focus on lean initiatives, system transitions and training procurement staff to enhance skill sets.
0-5 years of experience
Prevent over $1 million in losses from stop of production by managing payment on time efficiencies with over 10 suppliers
- Create on file documentation of contract processes for contract analyst onboarding and cross functional training increasing efficiency by 40% and 60% respectively
- Conduct periodic updates with portfolio leads to ensure understanding of compliance procedures
- Provide training to 6 buyers spanning 5 different categories to ensure understanding of value adding compliance requirements for [company name]’s contracts
- Work closely with Global Procurement Leadership, Negotiators and Business Project Managers
- Perform 4 comparative analytics on a monthly basis on compliance metrics to ensure portfolios are prepared for audits and produce and average of 10% increase in adherence per month
- Increase SAP processing efficiency reducing number of needed contracts by 60%
- Contributed to over $700,000 in savings through supplier negotiations and use strategic analysis
0-5 years of experience
- Entered over $300,000 of invoices in two weeks, while assisting accounts payable at corporate office
- Purchased supplies and services, routinely controlled $5,000 a week in non-inventory purchases
- Coordinated with vendors to get quotes for purchases, evaluated quotes, and presented results to executive leadership
- Maintained inventory status by entering 15 to 20 shipping documents daily
- Identified undocumented production to correct inventory
0-5 years of experience
Proposal Manager for Engineering, Construction and Validation, capital equipment and research and development requirements for the Berkeley Site
- Procurement Lead for Engineering and Construction Contracts for the Berkeley Site which included the Sterile Fill Facility ($75,000,000)
- Strong Contributor to Cost Savings averaging $1.1 Million per year
- Designated mentor for procurement staff in the areas of total cost of ownership analysis and subsequent negotiation strategies
- Procurement Lead for all services Contracts for the San Leandro Site which included construction projects
- Strong Contributor to Cost Savings $450,000
0-5 years of experience
- Pursued short and long term relationships with external vendors.
- Assisted in negotiations with vendors on product pricing and terms.
- Developed new vendor evaluation program that reduced overall cost by $500,000.
- Review, monitor & reconcile 10 million in inventory on a weekly basis.
- Forecast inventory demands to prevent product excess and shortfall.
- Headed project that researched/implemented new inventory management system that resulted in an increase of 15% in cost effectiveness.
6-10 years of experience
- Created and processed purchase orders for raw materials as well as finished goods.
- Tracked all orders placed with suppliers and inspected materials upon delivery to ensure that orders have been filled correctly and goods met specifications.
- Developed and built relationships with key suppliers and measured suppliers performance using data based on cost, quality and service level metrics.
- Negotiated terms and conditions with vendors to ensure optimum price, competitiveness and high quality products.
- Established procedures for managing return of damaged goods, replacement items, incomplete orders, shortages and appropriate credit arrangements.
0-5 years of experience
- Verified accuracy and pricing of Sales Orders and Purchase Orders using different portals including SAP
- Created and managed Networks and Projects within SAP to facilitate timely and accurate order generation for clients AT&T & Verizon
- Responsible for tracking and delivery of goods in association with the Delivery Management team
- Performed material planning, and services by creating and reviewing Sales and Purchase Orders, shipping contracts, and invoicing
- Generated EDI invoices for Services and Deliveries performed, totaling a monthly average of $200 million
- Provided support to various departments related to accounting, finance, and Delivery Management
- Assisted with special projects as needed
6-10 years of experience
- Performed sourcing, liaising and negotiating with new and existing suppliers to improve business
- Re-negotiate contracts with suppliers to produce better savings and further value for spend.
- In 2012 to present saved company $80,000 through contract re-negotiations.
- Created Purchase Requisitions and Purchase Orders in SAP necessary for the acquisition of materials and services.
- Worked with finance and sales team throughout the procurement cycle to assist with forecasting and budgeting.
- Worked on multiple company projects and spearheaded 4 projects to bring new International Markets into the company’s portfolio.
- Initiated corrective actions on bad materials and maintained a vendor score card to measure vendors success or failures for STG.
Procurement Specialist Duties and Responsibilities
To fulfill their daily obligations, procurement specialists are required to complete several tasks. We have examined some job listings for this occupation and found those listed below to be among the most commonly mentioned job responsibilities associated with this position:
Oversee Purchase of Materials and Supplies The main responsibility of procurement specialists is to ensure that the supply chain needs of a company are met in a timely and cost-effective manner. Procurement specialists review costs, develop relationships with vendors and suppliers, and offer suggestions for where and how much material and supplies to buy.
Participate in Contract Negotiations Contract management is one of the most important aspects of being a procurement specialist. These professionals negotiate contract renewals, place bids to obtain the business of new vendors, discuss pricing, and monitor all aspects of the terms of a contract.
Manage Inventory Procurement specialists maintain an inventory of supplies and materials, deciding when to make purchases as needed. They choose how much material to keep on hand and track which supplies are consumed fastest. They also place and track orders with vendors and suppliers.
Procurement Specialist Skills
Strong math, analytical, organizational, and communication skills are essential for the success of procurement specialists. They should be detail-oriented team players, possessing negotiation skills and the ability to work independently as needed. An understanding of business operations and processes is important to their work. Additionally, procurement specialists need strong interpersonal skills, as they work with a diverse number of people, such as executives, suppliers, vendors, and supply chain managers. Along with these crucial skills, it is important that procurement specialists are able to:
- Assess costs and negotiate vendor and supply prices
- Analyze business supply needs and ensure businesses are getting the best possible material
- Manage inventory and order supplies and materials as needed
- Resolve pricing conflicts and place bids with different vendors as required
Procurement Specialist Education and Training
In many cases, employers seeking a procurement specialist prefer candidates who hold a bachelor’s degree in business, supply chain management, or business analytics. Some companies even prefer a master’s degree in these areas; a graduate degree could be needed to advance in this field. Voluntary certifications, such as Certified Purchasing Professional (CPP) or Certified Supply Chain Professional (CSCP), are helpful and in some cases might be required for promotional purposes.
Procurement Specialist Salary
As described by the BLS, procurement specialists make an annual median salary of $11,590. Those in the lowest 10th percentile are paid a median annual wage of $63,380, while those in the top 10 percent earn $177,560. Top earners tend to be those working in private companies or federal agencies. Procurement specialists in New Jersey are the highest paid in the U.S., with an annual mean wage of $148,850, followed by those employed in Missouri ($139,040), and Delaware ($136,190).
Procurement Specialist Resources
To give you more insight into the position procurement specialist, we have provided links below to additional resources, including books and professional associations.
American Purchasing Society – Since 1969, the American Purchasing Society has provided procurement specialists and others in the purchasing field access to seminars, training courses, books, and certification information. Purchasing & Supply Magazine – With sections devoted to procurement, inventory, negotiations, and purchasing, this online publication is a great resource for news, current practices, and management responsibilities. It contains interviews with leaders in the procurement field.
NLPA Blog – Hosted by the Next Level Purchasing Association (NLPA), a global organization for procurement professionals, this blog contains detailed articles about leadership practices, negotiation, economic impacts, and other influences on the procurement field.
Procurement Leaders Procurement Blog – Offering articles from procurement specialists and related professionals, this blog gives insight into current trends, procurement functions, and more.
Procurement and Supply Chain Management, 9th Edition – Giving the most updated information on procurement regulations, contract management practices, and global sourcing, this book provides details on the most current and effective processes vital to the success of procurement specialists.
Strategic Procurement: Organizing Suppliers and Supply Chains for Competitive Advantage – Written specifically for upper management, this book explores effective strategies for saving costs, forming supplier relationships, getting the most out of supply chain, and other important practices.
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Gabriela Barcenas
CPRW, Content Writer IIGabriela is a Certified Professional Resume Writer (CPRW) and career adviser. With 10 years of digital media experience and five years of resume writing expertise, her publication history includes fashion, education, travel, social justice, equitable design and career advice.
