Procurement Specialist

We are seeking a highly skilled and innovative Wholesale Procurement Specialist to join our dynamic team. This role requires a deep understanding of procurement processes, strong negotiation skills, and a passion for leveraging AI to optimize our supply chain. The ideal candidate will have a proven track record in sourcing and procurement, coupled with a keen interest in emerging technologies.Responsibilities:Strategic Sourcing:Identify and develop strategic partnerships with suppliers to ensure a reliable and cost-effective supply chain.Utilize AI-powered tools to analyze market trends, identify potential suppliers, and optimize sourcing strategies.Conduct thorough supplier evaluations and risk assessments to mitigate supply chain disruptions.Negotiation and Contract Management:Lead negotiations with suppliers to achieve favorable terms and conditions, including pricing, delivery schedules, and quality standards.Leverage AI-driven analytics to optimize contract terms and identify opportunities for cost savings.Manage and maintain comprehensive contract documentation, ensuring compliance with legal and regulatory requirements.Supplier Relationship Management:Build and maintain strong relationships with key suppliers to foster collaboration and address any issues promptly.Utilize AI-enabled communication tools to streamline supplier interactions and improve responsiveness.Monitor supplier performance metrics and implement corrective actions as needed.AI and Technology Integration:Stay abreast of the latest AI and technology trends in procurement.Collaborate with IT and data science teams to implement AI-powered solutions, such as predictive analytics, machine learning, and automation.Leverage AI tools to optimize procurement processes, improve decision-making, and increase efficiency.Cost Reduction and Optimization:Continuously identify opportunities for cost reduction and process improvement.Utilize AI-driven cost analysis tools to uncover savings potential and optimize procurement spend.Implement cost-saving initiatives, such as supplier consolidation, volume discounts, and alternative sourcing strategies.Qualifications:Bachelor's degree in Supply Chain Management, Business Administration, or a related field.Proven track record in negotiating contracts and managing supplier relationships.Strong understanding of procurement principles, practices, and industry standards.Proficiency in procurement software and tools.Experience with AI and machine learning concepts, and the ability to apply them to procurement processes.Excellent analytical, problem-solving, and decision-making skills.Strong communication and interpersonal skills.Ability to work independently and as part of a team.If you are a highly motivated and innovative individual with a passion for procurement and AI, we encourage you to apply.