Procurement Associate - Entry Level

KVK Tech; Newtown Township (Bucks County); On-site; USD 40,000 - 80,000; Full time

Job summary

A forward-thinking company is seeking a Procurement Associate to ensure the efficient acquisition of materials and supplies. This role involves managing vendor relationships, negotiating prices, and ensuring optimal inventory levels. The ideal candidate will thrive in a fast-paced environment, demonstrating strong communication and organizational skills. Join a dynamic team where your contributions will directly impact operational efficiency and support innovative product offerings. If you're passionate about procurement and eager to make a difference, this opportunity is perfect for you.

Qualifications

• Strong reading, writing, and communication skills required.
• Self-motivated with excellent organizational skills.

Responsibilities

• Purchase inventory and services in line with company policies.
• Communicate with vendors for pricing and order follow-up.
• Generate purchase orders based on inventory management.

Skills

Communication Skills

Organizational Skills

Multitasking

Microsoft Office

Education

Associate's Degree in Business

Bachelor's Degree in Business

Tools

Syspro

Job description

Job Description

Department: Procurement

Job Title: Procurement Associate

FLSA Status: Exempt

Reports to: Chief Administrative Officer

1. Role Purpose:

The Purchasing Associate will procure designated materials, supplies, and equipment for KVK Tech departments and facilities, ensuring optimal quality, price, and delivery.

2. Key Duties and Responsibilities:

• Purchase inventory, consumables, and services in accordance with company policies.
• Ensure the best value is received on all purchases.
• Communicate with vendors/suppliers regarding availability, ordering, price negotiation, and order follow-up.
• Create purchase orders for all processed orders.
• Ensure all facility needs are purchased to maintain efficient business operations with minimal downtime.
• Generate purchase orders based on reorder points set in the inventory management system.
• Periodically review reorder points for adequacy.
• Recommend promotional, seasonal, and opportunistic buys outside reorder points.
• Utilize resources to ensure just-in-time inventory whenever possible.
• Collaborate with warehouse and retail management to ensure adequate stocking space.
• Select suppliers and initiate relationships.
• Maintain vendor relationships to ensure competitive pricing and favorable order terms.
• Coordinate domestic and international shipments with freight companies.
• Stay current with industry trends and stock innovative products in demand by customers.
• Review stock turns and eliminate excess inventory based on market trends.
• Minimize obsolete and clearance inventory through quick market response.
• Provide analytics to management.
• Operate office equipment safely and effectively.
• Learn the operations of the Purchasing Department.
• Process procurement activities in Syspro.
• Source and procure raw materials, packaging components, and related documents for new drug products efficiently.
• Coordinate with R&D to meet their requests promptly.
• Manage information related to new drug products.
• Perform other duties as delegated.

3. Typical Supervisory Responsibility: N/A

4. Education & Experience:

Education Requirements: Associates or Bachelor's degree in Business preferred.

Experience Requirements: N/A

5. Technical Competencies / Certifications / Licenses:

• Strong reading, writing, and communication skills required.
• Ability to multitask in a fast-paced environment.
• Self-motivated with excellent organizational skills.
• Ability to work cooperatively with others.
• Knowledge of Microsoft Office products and telephone protocol.
• High discretion when handling confidential information.

6. Physical Demands and Work Environment:

a. Physical demands include walking, sitting, using hands for handling tools, reaching, balancing, stooping, crouching, bending, talking, and hearing. Must lift/move up to 20 pounds. Vision requirements include close, distance, color, peripheral, and depth perception.

b. Work environment: N/A