Procurement Specialist

Switchback Medical; Brooklyn Park (MN); Presencial; USD 55.000 - 70.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Health benefits

401(k) plan

Paid time off

Parental leave

Paid holidays

Descripción de la vacante

Switchback Medical is seeking a Procurement Specialist to manage the procurement process, negotiate with suppliers, and ensure timely and cost-efficient acquisition of goods and services. The role requires strong analytical skills, excellent communication, and the ability to collaborate effectively with internal stakeholders and external vendors.

You will lead procurement planning, source and evaluate suppliers, issue purchase orders, monitor deliveries, manage contracts, and work with finance

Formación

• Bachelor’s degree in business administration, supply chain management, or related field; equivalent combination of education and experience considered.
• 1+ years of experience as a Purchasing Specialist or similar procurement role.
• Solid understanding of procurement principles, practices and procedures.
• Proficient with ERP systems and MS Office applications.
• Strong negotiation and vendor management skills.
• Excellent analytical and problem-solving abilities.
• Attention to detail and accuracy; strong organizational and time management skills.
• Effective written and verbal communication; ability to work independently and in a team.
• Knowledge of relevant legal and regulatory requirements.

Responsabilidades

• Manage procurement process end-to-end from needs identification to purchase order issuance.
• Source and evaluate potential suppliers, obtain quotes, negotiate terms and pricing.
• Monitor and track purchase orders for timely delivery and resolve discrepancies.
• Collaborate with internal departments to develop procurement plans and ensure policy compliance.
• Review and negotiate contracts with suppliers in coordination with legal.
• Maintain vendor documentation and evaluate supplier performance.
• Support inventory planning and coordinate with finance to minimize shrinkage.

Conocimientos

Negotiation

Analytical thinking

Communication

Teamwork

Attention to detail

Time management

Independence

Educación

Bachelor’s degree in business administration or related field

Herramientas

ERP (Business Central)

Microsoft Excel

Microsoft Word

Descripción del empleo

Description

Summary:

The Procurement Specialist will be responsible for managing the Switchback Medical procurement process, negotiating with suppliers, and ensuring timely and cost-effective acquisition of goods and services. This role requires strong analytical skills, excellent communication abilities, and the ability to collaborate effectively with internal stakeholders and external vendors.

Essential Duties and Responsibilities (but are not limited to):

Procurement process management:

• Collaborate with internal departments to identify procurement needs and develop procurement plans.
• Source and evaluate potential suppliers, obtain quotes, and negotiate favorable terms and pricing.
• Prepare and issue purchase orders, ensuring accuracy and compliance with company policies and procedures.
• Monitor and track purchase orders to ensure timely delivery and resolve any discrepancies or issues.

Supplier relationship management:

• Build and maintain strong relationships with suppliers, ensuring effective communication and collaboration.
• Conduct supplier performance evaluations and assess their ability to meet quality, cost, and delivery requirements.
• Resolve supplier-related issues, such as delivery delays, product quality concerns, or billing discrepancies.
• Continuously evaluate and identify opportunities for supplier consolidation, cost savings, and process improvements.
• Maintain accurate and up to date vendor documentation.

Contract management:

• Review and negotiate contracts with suppliers, ensuring favorable terms, conditions, and pricing.
• Collaborate with the external legal department to ensure contracts comply with legal and regulatory requirements.
• Monitor contract renewals and expirations, initiating contract renegotiations or terminations as needed
• Maintain accurate contract records and documentation.

Inventory management and control:

• Collaborate with inventory control teams to ensure optimal stock levels and minimize excess or obsolete inventory.
• Monitor inventory usage and demand, adjusting procurement plans accordingly.
• Coordinate with suppliers and internal stakeholders to resolve inventory discrepancies and implement corrective actions.
• Ensure financially impacted inventory transactions are processed accurately, and partner with Finance to troubleshoot and resolve discrepancies to minimize inventory shrinkage.

Requirements

Education/Experience:

• Bachelor's degree in business administration, supply chain management, or a related field. Equivalent combination of education and experience will be considered.
• 1+ years of experience as a Purchasing Specialist or in a similar procurement role.
• Solid understanding of procurement principles, practices, and procedures.
• Proficient in using ERP (Business Central Experience preferred) and Microsoft Office applications (e.g., Excel, Word).
• Strong negotiation and vendor management skills.
• Excellent analytical and problem-solving abilities.
• Exceptional attention to detail and accuracy.
• Strong organizational and time management skills.
• Effective written and verbal communication skills.
• Ability to work independently and collaboratively as part of a team.
• Knowledge of relevant Legal and regulatory requirements.

Summary of Benefits

• Group health & welfare benefits: Options for Medical, Dental and Vision insurance, Health Savings Account (requires participation in eligible medical plan).
• Company-paid benefits: Employee Life Insurance & Accidental Death & Dismemberment (AD&D), Long Term Disability (LTD), Short Term Disability (STD).
• 401(k) Plan with company match
• Paid Time Off
• Paid Parental Leave
• Paid Holidays
• Benefits and incentive compensation may be subject to generally applicable eligibility, waiting period, contribution, and other requirements and conditions.

Compensation

• The typical base pay range for this role is between $55,000-70,000/year. Actual compensation will be based on individual job-related knowledge, skills, expertise, and experience.