Procurement Specialist

Job Description: Procurement Specialist

The Procurement Specialist at MDLBEAST is a pivotal role responsible for managing end-to-end procurement processes to meet the organization's business needs. This dynamic position requires a detail-oriented professional with strong commercial acumen and a dedication to compliance.

• Manage the full procure-to-pay (P2P) cycle, ensuring accuracy and timeliness from Purchase Requisition to PO issuance or bill creation.

• Identify and onboard new suppliers while nurturing relationships with existing vendors through market research and qualification practices.

• Lead RFX processes (RFI, RFQ, RFP) by drafting documents, coordinating submissions, and facilitating evaluation committees.

• Analyze commercial proposals, prepare comparative assessments, and provide recommendations for vendor selection.

• Ensure adherence to procurement policies by challenging non-compliant requests and collaborating with stakeholders to address breaches.

• Engage in commercial negotiations, clarify terms, and monitor vendor performance throughout contract lifecycles.

• Collaborate with internal teams to align procurement activities with business objectives and budgetary constraints.

• Maintain accurate procurement records in the ERP system and support category management initiatives.

• Generate procurement reports and conduct spend analysis to drive informed decision-making and cost efficiencies.

• Evaluate vendor proposals based on compliance, value, and quality considerations to recommend approvals or rejections.

• Adapt seamlessly to changing priorities in a fast-paced, event-centric environment with multiple procurement activities.