Procurement & Inventory Specialist

Teachers Federal Credit Union; Hauppauge (NY); On-site; USD 32,000 - 37,000; Full time

Benefits offered by this job

Annual bonus program

Paid time off

401(k) company contribution

Dental & Vision premium covered

Tuition reimbursement

Exclusive loan discounts

Job summary

Teachers Federal Credit Union in New York is seeking a Purchasing Specialist to initiate, process, and verify purchase orders, ensuring stock levels and timely deliveries in line with established guidelines.

The role supports procurement activities, supplier research, and cost negotiation while maintaining accurate records and generating procurement reports. A background in purchasing and strong organizational skills are essential to success.

Qualifications

• High school graduate or GED required.
• One year general work experience required.
• Knowledge of purchasing processes preferred.
• Understanding of vendor and supplier relationships preferred.
• Intermediate computer skills with Microsoft Office.
• Well organized with an attention to detail.
• Strong communication and negotiation skills.

Responsibilities

• Monitor inventory levels, initiate purchase orders.
• Maintain adequate levels of stock items, forward approved orders to suppliers, monitor fulfillment and expedite requests as needed.
• Place service calls on fixed assets (water coolers, coffee machines, printers, copiers, etc.).
• Research and select the most suitable suppliers in terms of reliability, product quality and cost efficiency for both stock items as well as approved ad‑hoc purchases.
• Request cost proposals and negotiate pricing to obtain comparative prices on a regular basis to ensure favorable pricing on all purchased items.
• Maintain accurate and complete records of all transactions, purchase orders and order receipts; initiate the payment process when orders are fulfilled.
• Prepare reports and maintain accurate inventory and procurement records.
• Maintain supply order request forms.
• Track and resolve purchasing and inventory problems and/or discrepancies.
• Build and maintain positive, long‑term relations with suppliers.
• Analyze industry and demand trends and develop recommendations to optimize sourcing strategies for the organization.
• Update purchasing procedures as needed.
• Perform other duties as needed upon request from immediate supervisor.

Skills

Strong communication

Negotiation skills

Attention to detail

Organizational skills

Education

High school graduate or GED

One year general work experience

Knowledge of purchasing processes

Understanding of vendor relationships

Tools

Microsoft Office

Job description

Teachers Federal Credit Union in New York is seeking a Purchasing Specialist to initiate, process, and verify purchase orders, ensuring stock levels and timely deliveries in line with established guidelines.

The role supports procurement activities, supplier research, and cost negotiation while maintaining accurate records and generating procurement reports. A background in purchasing and strong organizational skills are essential to success.