Procurement Specialist

Krayden, Inc.; Westminster (CO); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision care

Life insurance

401(K) Retirement Plan

Tuition Reimbursement

Job summary

Krayden, Inc. in Westminster, Colorado is seeking a Procurement Specialist to manage procurement and inventory processes. You will ensure timely availability of parts and materials, maintain accurate records, and optimize inventory levels.

The ideal candidate has experience in purchasing and strong Microsoft Excel skills. This position offers a comprehensive employee-focused benefits package including medical, dental, vision care, and a 401(K) retirement plan.

Qualifications

• Experience in inventory control and purchasing.
• Strong analytical skills with data.
• Experience using ERP systems is preferred.

Responsibilities

• Source and purchase materials to meet requirements.
• Maintain accurate purchasing records.
• Identify and resolve inventory discrepancies.

Skills

Strong Microsoft Excel skills

Attention to detail

Problem-solving abilities

Good communication skills

Tools

ERP systems (e.g., SAP, Oracle)

Job description

Krayden Inc. is a leading, technical distributor that partners with the industry’s premier suppliers to deliver engineered solutions, customized support, and best in class responsiveness to our customers.

• Products that perform: We supply specialty engineered solutions from premier suppliers, that enable our customers to push the envelope of innovation.
• Knowledge that serves: We provide technical knowledge & best-in class customized support to engineers & buyers of CM’s/OEM’s.
• Service that delivers: We have created a global distribution network to assist customers deliver on their desired outcomes.

Job Summary

The Procurement Specialist plays a key role in managing the procurement and inventory processes to ensure timely availability of parts and materials. This position supports operational efficiency by maintaining accurate records, optimizing inventory levels, and collaborating across departments to resolve discrepancies and meet customer needs.

Job Responsibilities

Procurement & Inventory Management

• Source and purchase parts and materials to meet order requirements and maintain optimal inventory levels.
• Monitor and expedite purchase orders to ensure timely delivery and appropriate lead times.
• Verify that all materials meet required specifications; coordinate with vendors for specification approvals when needed.
• Manage returns to manufacturers and ensure accurate documentation.

Data & System Maintenance

• Maintain accurate purchasing records, including purchase orders and reports.
• Update ERP system with current cost data and part/material information.
• Ensure purchasing files are organized and up to date.

Problem Resolution & Collaboration

• Identify and resolve issues related to purchasing or inventory discrepancies.
• Work closely with internal departments to address and resolve cross-functional challenges.
• Provide prompt and courteous responses to internal and external inquiries.
• Build and maintain professional relationships with suppliers and vendors.
• Ensure all transactions, including purchase orders and returns, are processed within required timeframes.

General Duties

• Participate in meetings and contribute to team initiatives.
• Support special projects and perform additional duties as assigned.
• Uphold company standards and procedures, including compliance with AS/ISO and applicable regulations.
• Represent Krayden, Inc. professionally in all communications, including phone interactions.
• Data Driven Procurement - Based on Numbers no just orders placed. Trends, Seasonality, Historical Data, MOQs, EOQ - Economic Order Qty, OOQ - Optimal Order Qty.
• Manage with our vendors to have 7Rs - Right Product, Qty, Paperwork, Place, Time, Vendor, Price/Cost
• Import Paperwork on time: Air Freight: Shipment Day or the day after for those that are not delivered next day. Ocean Freight: Same day of Vessel Departs, Ground Freight: Shipment Day, latest one week prior Impor
• Maintain compliance with company policies and regulatory standards (AS/ISO, TCP, Export Control).
• Perform other duties and cross-functional support as assigned.

Qualifications

• Experience in inventory control, purchasing, procurement, supply chain, or materials management.
• Strong Microsoft Excel skills, including data analysis and reporting.
• Excellent attention to detail and record-keeping skills.
• Strong problem-solving abilities to resolve inventory and purchasing discrepancies.
• Good communication skills for working with vendors and internal departments.
• Experience using an ERP system (e.g., SAP, Oracle, NetSuite, Epicor, Microsoft Dynamics)- Preferred

Krayden offers a competitive employee-focused benefits package which includes Medical, Dental, Vision Care & Life insurance, Flexible Spending Accounts (FSA), Health Savings Account (HSA), 401(K) Retirement Plan, Tuition Reimbursement & much more.

Krayden Inc. is proud to be an Equal Opportunity Employer