Procurement Specialist
Procurement SpecialistThe Procurement Specialist evaluates vendors and negotiates to find replacement parts at a reasonable cost without sacrificing quality. After prioritizing parts requests based on urgency, the Specialist sources and orders parts from vendors, checks order statuses, and tracks packages to ensure timely delivery.• Preparation of formal bids for Precipitator Rebuild projects ranging $200K to $50M.• Worked with sales, engineering and vendors to obtain back-to-back terms between customers and vendors.• Outsourced to LCC (low cost countries) when necessary.• Compared bids from vendors and aggressively sought cost reduction on final product.• A cost reduction of 10.36% on a buyout budget of $7.5M. This was accomplished by aggressively seeking multiple bids and negotiations with vendors.• Recovered overpayment of $447,563 by AP to a vendor. This was done by tracking current orders and reducing payments until amount was recovered.• Recovered back charges to a vendor of $350,000 for poor quality product. By working with the vendor, I was able to recover this through direct payments back to my company or with holding payments on current projects.