what is a procurement specialist?
A procurement specialist can be called by various titles, including procurement manager or purchasing agent. Regardless of the term, your role is to help the company acquire products from other businesses. You handle every stage of purchasing goods, properties, and even services from other companies. Typically, you keep track of inventory levels within your organization and make notes when new items need to be ordered. You might also collaborate with colleagues to identify the company's needs. Once you find an item that needs to be ordered, you search for the right supplier and negotiate a fair price. Your responsibilities also include organizing the delivery and ensuring that products arrive on time.
sectors that rely on procurement specialists.
One of the main sectors for procurement specialists is consumer goods. When you're a procurement specialist in this field, you handle the purchasing of items sold by a store. Additionally, procurement professionals work in manufacturing. In these cases, you acquire materials and other raw inputs that your company will transform into finished products. Other popular areas for procurement specialists include the technology and medical sectors. You can assist the company in obtaining hardware components for computers, medical devices, or other tools necessary for success.
Would your creative thinking and multitasking skills be a good fit for a procurement specialist role? If so, keep reading to find out what skills and qualifications are needed to succeed as a procurement specialist.
find jobsthe average salary of a procurement specialist.
The average salary for a procurement specialist is around 6500 RON net per month. Salaries vary depending on experience, location, and industry. For example, a procurement specialist with over 5 years of experience can earn more than 10.000 RON net per month, while a junior procurement specialist starting their career in Romania typically earns approximately 4000 - 4500 RON net per month.
types of procurement specialists.
Considering that this field encompasses so many different tasks, procurement specialists are usually classified based on what they purchase.
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direct procurement specialists
Buy goods and services that are typically intended for resale. These specialists have in-depth knowledge of the categories they work with and tend to spend a lot of time analyzing profit margins and inventory levels.
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specialists in indirect procurement
Buy any items the company needs to operate. They do not purchase goods for resale but instead buy materials necessary for the production process or the company's operations. This task requires a broad understanding of how the company functions.
working as a procurement specialist.
What’s it like to be a procurement specialist? It’s a challenging field that offers plenty of opportunities for success. Here’s what you can expect from a typical procurement specialist role.
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job description for procurement specialist
What does a procurement specialist do? Being a procurement specialist means being part of the operations team at your workplace. Some procurement specialists report to a manager, while others work independently or oversee other buyers. A typical day in the life of a procurement specialist can vary quite a bit. Depending on your role, you might spend your time performing one or more of the following activities:
- Product Catalog Management: This task involves tracking all products across the entire company. You’ll note which products are needed and which products employees already have. It might be your responsibility to conduct regular inventory checks or prepare reports to determine how many items need to be ordered. Additionally, you’ll participate in numerous meetings to discuss procurement needs from other departments.
- Negotiating Purchase Agreements: Your task list may include securing the best possible purchase price. You will be authorized to suggest different prices and try to find profitable deals. For example, you might end up buying pens in large quantities because you can generally get a much better deal. This often involves building a network of professional contacts and leveraging business relationships to close advantageous offers.
- Suggesting Product Usage Policies: Some procurement specialists get involved in developing workplace policies. You might propose changes to rules regarding how often employees reuse tools. This task requires a good understanding of the company's operations to identify ways to continuously improve them. It can be helpful to connect with other employees at the workplace to better understand daily activities and the items that need to be purchased.
- Product Delivery Coordination: It is also your responsibility to manage the process of delivering materials to the company. You will need to handle all aspects, from scheduling deliveries to authorizing payments. This task also includes managing details such as monitoring supplier performance and tracking contractual terms.
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work environment
If you get bored spending all day cooped up in an office, a role as a procurement specialist might be the perfect fit for you. This job requires you to be comfortable traveling from one location to another. Sometimes you'll be analyzing spreadsheets at your desk, and other days you'll be walking through buildings to chat with colleagues. While you have the option to work remotely on some tasks, you may find yourself traveling quite a bit. Some procurement specialists travel to other cities or even abroad to meet with various suppliers.
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who are your colleagues?
Depending on your employer and the industry you work in, your colleagues may include material handlers, accountants, administrative assistants, and office managers. You will also work close to delivery and reception staff. Sometimes, you'll encounter other specialists, which may include, but are not limited to, production supervisors, accounts accountants, or marketing managers.
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work Schedule
The role of a Procurement Specialist is typically a full-time position. Most procurement professionals work standard shifts, usually from around 9:00 AM to 5:00 PM, on weekdays. However, due to the responsibilities of the role, you often need to be available whenever your industry contacts are working. If you’re sourcing items from people in different time zones, this can lead to an irregular schedule. Even if you don’t work every weekend or overnight, you can expect occasional meetings during weekends, evenings, or early mornings. The procurement specialist’s schedule is well-suited for individuals who enjoy a flexible workweek. While there may be periods of downtime, you’ll likely need to work overtime when multiple orders come in simultaneously.
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employment outlook
The U.S. Bureau of Labor Statistics (BLS) predicts a slight decline in the number of jobs for procurement managers over the next decade. However, this doesn’t mean the field isn’t poised for growth. While automation has the potential to take over basic tasks like inventory tracking, there’s an increase in specialized areas. If you focus on fields such as logistics or consumer goods, there are more job opportunities to choose from. There are plenty of chances for advancement or to shift your career path within the workplace. Some procurement specialists move up to become supply chain managers or materials managers. Additionally, you can consider applying for roles like supply chain director or operations director.
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the advantages of finding a procurement specialist job through randstad
Finding a position as a procurement specialist through Randstad offers significant advantages such as:
- professional guidance and counseling to maximize your chances of success in the recruitment process
- a contact person with experience, available to provide assistance when needed
- a variety of career opportunities in your area of expertise
- temporary and permanent contracts
Are you looking for a permanent contract? A temporary job as a procurement specialist is often a stepping stone to an attractive permanent position. Every year, thousands of people secure permanent contracts with trusted employers thanks to temporary jobs found through Randstad. Plus, many companies also hire their permanent staff through Randstad!
education and training of procurement specialists.
The role of a procurement specialist isn't typically an entry-level position. Before stepping into this role, you should spend some time learning about the business world, finance, and logistics, as well as honing your skills.
Although industry certifications are not a requirement, they help you stand out. Certifications demonstrate that you have completed specialized procurement courses and fully understand the concepts. In Romania, the focus is on successfully completing university studies. To work as a procurement specialist, you can pursue a degree in an economic field, such as:
In addition to a bachelor's degree, employers in Romania may also value previous experience in procurement or a related field, such as sales or public procurement.
skills and competencies.
To excel as a procurement specialist, you need a wide range of skills.
A large part of your work involves communicating with others, so you need strong communication skills. Therefore, it is essential to be able to perform the following tasks:
- understanding your colleagues' needs
- professional communication with suppliers
- efficient price negotiation
- creating clear reports for your managers
Analytical skills are one of the most important traits you need to have. Your role involves gathering a large amount of information and then applying logical thinking to it. Your employer will rely on you to carefully analyze purchase orders, evaluate the pros and cons of different suppliers, and select the best options.
Typically, you don't need specialized technical knowledge. However, you should feel comfortable working with computers. You need to understand common software like Excel and Word, and your employers might ask you to learn industry-specific software.
Ultimately, there are plenty of organizational and office skills you need. These will help you stay on track while managing many different tasks:
- attention to details
- multitasking skills
- time management
- data sorting
- meeting deadlines
frequently asked questions (FAQs).
Here you'll find answers to the most frequently asked questions about procurement specialists.
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what is the difference between a procurement specialist and a buyer?
Buyers primarily focus on acquiring products that their companies can resell to consumers. While some procurement specialists do this, their main emphasis isn't on marketing or selling directly to consumers. Instead, their priority is on products that enable their organization to operate efficiently.
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is it challenging to be a procurement specialist?
This is a complex profession suited for people who enjoy challenges. If you thrive on the excitement of managing multiple important tasks and find satisfaction in keeping a business running smoothly, then this could be the right job for you.
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what is the highest position in procurement?
If you're interested in advancing, aim for a procurement director role. This managerial position involves overseeing multiple procurement specialists within a large company.
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what are the seven stages of the purchasing process?
The seven stages of procurement are a common approach for managing product orders. Many companies utilize this strategy, so it's important to understand it. The steps include identifying needs, reviewing requests, placing orders, evaluating contracts, managing orders, approving invoices, and maintaining records.
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what is the best industry for acquisitions?
If you're looking for a career field with plenty of growth potential, the most promising industries to consider are consumer goods and technology. Both sectors are experiencing increased demand for procurement specialists. Other well-paying industries with numerous job opportunities include the food and beverage industry, medical devices, pharmaceuticals, and consulting.
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how can I apply for a procurement specialist role?
Applying for a procurement specialist position is easy: create a Randstad profile and browse our procurement specialist jobs in your area. Then, simply send us your CV. If you don’t have a CV yet, no worries we’ll help you create one. Need assistance with your application? Check out all our career tips here! Want to stay updated on the latest trends and insights in the job market? Download the newest reports and research here.