Pinnacle Technology · 4 hours ago
Procurement Specialist
Pinnacle Technology is seeking a Procurement Specialist responsible for enhancing purchasing activities through analysis and supplier management. The role involves driving procurement activities, negotiating contracts, and ensuring compliance with regulations while optimizing operational performance.
Responsibilities
Drive procurement activities on assigned projects to deliver a competitive advantage within the North American market and apply advanced sourcing and procurement best practices towards operational excellence
Conduct RFQ’s, negotiate pricing and contractual terms
Issue purchase orders and actively support the full procure to-pay cycle
Maintain full compliance with all applicable regulations when purchasing for U.S. Government and defense-related programs
Follow-up PO acknowledgement, delivery status and solve delivery problems and schedule changes. Keep ERP system updated to reflect any change
Ensure all invoices are received promptly to support accurate processing and cash-flow management
Facilitate the resolution of AP, logistics and customs issues related to purchase orders
Improve key performance metrics for NA region such as on-time delivery, savings against budget, year-over-year deflation, payment terms, cost of failure and liquidated damage claims related to suppliers’ delays
Develop reports, analyze spend and apply sourcing and procurement methodologies to identify opportunities for cost-reduction and cash flows improvements
Resolve contractual and supplier disputes where they occur, protecting the interests of the business and engaging legal Business Partners where required
Develop a strong relationship with Engineering, Operations, Finance, Project Management, Quality, and other internal and external stakeholders
Lead and maintain meetings, reviews and communicate about project status
Effectively collaborate with regional stakeholders and global sourcing members to interpret requirements, define, develop and implement sourcing and procurement strategies to further enhance business performance and outcomes
Qualification
Required
Flexibility to travel up to 10%, supporting both domestic and international business needs
Bachelor's degree from an accredited university or college in business related areas
Minimum of 2 years' experience in commercial sourcing, procurement, supplier management and contract negotiation or 1 year experience plus MBA / master's degree in relevant field
Company
Pinnacle Technology
Pinnacle Technology provides staffing solutions, outsourcing, and systems integration services.
Funding
Current Stage
Growth StageRecent News
GlobeNewswire News Room
2025-02-21
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