Procurement Specialist - Hire or get hired
Your complete guide to the Procurement Specialist Role: Duties, salary & hiring tips
Purpose of the Procurement Specialist
The Procurement Specialist is responsible for sourcing products and services, negotiating contracts, and ensuring timely delivery while maintaining cost-effectiveness and quality.
Procurement Specialist's duties and responsibilities
• Sourcing:
Identify and evaluate suppliers for goods and services.
• Negotiation:
Negotiate pricing, contracts, and terms with vendors.
• Order Management:
Generate purchase orders and track delivery schedules.
• Compliance:
Ensure all procurement activities align with company policy.
• Supplier Performance:
Monitor and evaluate supplier KPIs and relationships.
Identify and evaluate suppliers for goods and services.
• Negotiation:
Negotiate pricing, contracts, and terms with vendors.
• Order Management:
Generate purchase orders and track delivery schedules.
• Compliance:
Ensure all procurement activities align with company policy.
• Supplier Performance:
Monitor and evaluate supplier KPIs and relationships.
Requirements and qualifications for a Procurement Specialist
• 3–5 years’ experience in procurement or purchasing
• Strong negotiation and vendor management skills
• Experience with ERP and procurement systems
• Knowledge of contract law and supply agreements
• Degree in supply chain, business, or related field
• Strong negotiation and vendor management skills
• Experience with ERP and procurement systems
• Knowledge of contract law and supply agreements
• Degree in supply chain, business, or related field
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Supply Chain Market Update
In 2024, supply chain and logistics hiring managers faced ongoing challenges, with candidate availability remaining a key issue. More than 50% of employers reported difficulty finding candidates, with 46% also citing candidate unreliability as a barrier to hiring. Warehousing and Operations/Admin Support roles remained in high demand, but skill shortages persisted across Warehousing (37%), Demand and Procurement (33%), and Transport (25%). Employers continued to invest in flexibility, automation, and technology to mitigate these gaps, while benefits such as flexible working hours (39%), product discounts (25%), and meal allowances (10%) were offered to compensate for the lack of work flexibility.
Looking ahead to 2025, hiring demand for Warehousing roles has decreased to 42%, while Transport roles have become more prominent, rising to 33%. Skills shortages persist, particularly in Warehousing (36%), Transport (30%), and Procurement (24%). AI is increasingly influencing the sector, with predictive analytics (50%), real-time data tracking (47%), and warehouse management systems (43%) emerging as critical skills. Certifications and upskilling initiatives (25%) have become a more common retention strategy, but over half of employers still offer no additional benefits. As technology continues to reshape supply chains, professionals with technical expertise and adaptability will be crucial in driving industry success.
Looking ahead to 2025, hiring demand for Warehousing roles has decreased to 42%, while Transport roles have become more prominent, rising to 33%. Skills shortages persist, particularly in Warehousing (36%), Transport (30%), and Procurement (24%). AI is increasingly influencing the sector, with predictive analytics (50%), real-time data tracking (47%), and warehouse management systems (43%) emerging as critical skills. Certifications and upskilling initiatives (25%) have become a more common retention strategy, but over half of employers still offer no additional benefits. As technology continues to reshape supply chains, professionals with technical expertise and adaptability will be crucial in driving industry success.
