Procurement Specialist

Purchasing Specialist

The Purchasing Specialist leads strategic sourcing initiatives, negotiates high-value supplier agreements, and drives cost reduction and supply chain optimization across key commodities. This role provides analytical leadership, supports financial objectives, and mentors purchasing team members.

• Cultural Representation:
  Uphold and promote the values and culture of Spike Electric Controls, fostering accountability, continuous improvement, and professional development.
• Commodity Ownership:
  Develop and execute sourcing strategies for key commodities to improve cost, lead time, supplier performance, and supply continuity.
• Cost Reduction Initiatives:
  Identify and lead cost savings opportunities, including price negotiations, supplier consolidation, and alternative sourcing.
• Strategic Supplier Relationships:
  Evaluate, qualify, and develop supplier partnerships that strengthen cost competitiveness, supply continuity, and long‑term supplier performance.
• Supplier Performance Management:
  Develop, implement, and manage supplier scorecards to evaluate delivery, quality, responsiveness, pricing, and overall supplier effectiveness.
• High Value Negotiation:
  Negotiate complex contracts, long‑term agreements, and strategic supplier partnerships.
• Order Management:
  Prepare purchase orders, track shipments, ensure timely delivery of goods, and proactively address risks to prevent production delays.
• Cross-Functional Coordination:
  Work closely with sales, project management, warehouse, production, and accounting to ensure accurate demand planning, material flow, and billing.
• Market Intelligence:
  Monitor market trends, pricing movement, supplier capacity, and supply risks to guide sourcing strategy and cost reduction efforts.
• Compliance:
  Ensure all procurement activities adhere to company policies, budgets, and legal requirements.
• Financial and Purchasing Analytics:
  Lead ROI analysis, PPV tracking, and working capital optimization efforts, including inventory turns, supplier performance trends, and lead time reduction.
• Risk Management:
  
  Identify supply chain risks and implement mitigation strategies.
• Problem Resolution:
  Address and resolve issues related to quality, delivery, pricing from suppliers, and invoice discrepancies.
• Documentation:
  Maintain accurate sourcing records, supplier agreements, savings documentation, and performance reporting.
• Team Development:
  Mentor and support Purchasing Agents and Expeditors in skill development and performance improvement.

• 3-5+ years of experience in procurement and/or supply chain management.
• Bachelor's degree in Supply Chain Management/Industrial Distribution preferred.
• Demonstrated success negotiating pricing, terms, and supplier agreements with measurable cost savings.
• Experience managing complex or high value commodities and supplier relationships.
• Advanced negotiation and decision-making skills.
• Proficiency in ERP systems (Microsoft Dynamics preferred) and Microsoft Excel.
• Solid understanding of contract terms, pricing structures, and working capital impact.
• Strong knowledge of supply chain dynamics, including lead times, capacity constraints, and market trends.
• Ability to identify risks and proactively adjust sourcing strategies to prevent disruptions.
• Proven ability to mentor and support junior team members. (Purchasing Agents and Expeditors)
• Strong communication skills with the ability to influence suppliers and internal stakeholders.
• Experience analyzing price variance (PPV), supplier performance, and total cost of ownership.
• Ability to work in a fast-paced environment and manage multiple tasks simultaneously.