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Virtual Innovations is seeking an experienced Procurement Specialist to manage vendor relationships and lead strategic sourcing initiatives for large-scale projects. The role requires sharp negotiation skills, proactive problem-solving, and a data-driven approach to market trends and price fluctuations.
You will collaborate with Project Managers, Estimators, and Finance to align procurement with budgets and timelines, ensuring optimal supplier performance and cost control.
We are looking for an experienced Procurement Specialist (willing to start ASAP), who will play a critical role in managing vendor relationships, driving strategic sourcing initiatives, and executing competitive bidding for large-scale projects. The ideal candidate is a sharp negotiator, a proactive problem-solver who can identify alternative sourcing solutions, and an analytical thinker who keeps a close eye on market trends and price fluctuations.
Vendor Negotiation & Management: Lead pricing and contract negotiations with suppliers to secure the most favorable terms, discounts, and rebates without compromising on quality or delivery timelines.
Strategic Sourcing & Alternatives: Proactively research and identify alternative materials, products, and vendors to mitigate supply chain risks, diversify the supplier base, and drive cost-savings.
Project Bidding & Estimation: Manage the end-to-end bidding and Request for Proposal (RFP) process for large-scale projects. Analyze project blueprints/specifications, compile material take-offs, and secure competitive vendor quotes.
Price Tracking & Market Analysis: Maintain a rigorous tracking system for material price changes, analyze market trends, and provide regular forecasts to leadership to protect project profit margins.
Cross-Functional Collaboration: Partner closely with Project Managers, Estimators, and the Finance team to align procurement activities with project budgets, timelines, and technical requirements.
1-3 years of experience in procurement, purchasing, or strategic sourcing (experience handling large-scale project bidding is highly preferred).
Proven track record of successful vendor negotiations and verifiable cost-savings.
Proficiency with ERP software (e.g., SAP, Oracle, NetSuite) and procurement platforms.
Advanced skills in Microsoft Excel (VLOOKUPs, Pivot Tables) for data analysis and price tracking.
Strong understanding of supply chain logistics, contract law, and commercial terms (Incoterms).
Analytical Mindset: Ability to dissect complex pricing models and track granular market shifts.
Resourcefulness: A knack for finding alternative sourcing solutions when primary channels fail.
Communication: Exceptional interpersonal and communication skills, with the ability to maintain strong, professional relationships under pressure.