Procurement Specialist

Overview

The Michaels Organization is a national leader in residential real estate offering full-service capabilities in development, property management, construction, and investment. At Michaels, our teammates strive to fulfill our promise of creating communities that lift lives - ones that jumpstart housing, education, civic engagement, and neighborhood prosperity. With this passion at the forefront of our business, Michaels teammates can be proud to be a part of the extraordinary, every day.

The Procurement Specialist is responsible for managing the company's sourcing capabilities and supply chain. This role involves researching and identifying potential vendors, negotiating contracts, and managing supplier relationships. The Procurement Specialist ensures that the company's purchasing strategies result in optimal cost savings and high-quality goods and services.

Responsibilities

1.Vendor Management- Identify and evaluate potential suppliers based on quality, cost, delivery time, and other relevant factors.

• Establish and maintain strong relationships with existing suppliers.

• Monitor supplier performance and resolve any issues related to quality or delivery.

2.Negotiation

• Negotiate contracts, terms, and pricing with suppliers.

• Develop and execute negotiation strategies to achieve the best possible terms for the company.

3.Procurement Process- Manage the end-to-end procurement process, from requisition to purchase order to payment.

• Ensure compliance with the company's procurement policies and procedures.

• Coordinate with other departments to understand their purchasing needs and ensure timely delivery of goods and services.

4.Cost Management

• Analyze market trends and assess the impact on the company's purchasing strategies.

• Identify cost-saving opportunities and implement strategies to achieve these savings.

• Prepare and present cost analysis reports to senior management.

5.Risk Management- Assess and mitigate risks associated with the procurement process.

• Develop contingency plans to ensure supply chain continuity in case of disruptions.

6.Compliance and Reporting- Ensure all procurement activities comply with relevant laws, regulations, and company policies.

• Maintain accurate records of purchases, contracts, and related documentation.

• Prepare regular reports on procurement activities, savings, and performance metrics.

Qualifications

Required Experience:

• Minimum of 3-5 years of experience in procurement, purchasing, or a similar role

Required Education/Training:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.• Certification in procurement (e.g., CPSM, CIPS) is a plus

Required Skills and Abilities:

• Strong negotiation and communication skills.• Proficiency in procurement software and Microsoft Office Suite.• Excellent analytical and problem-solving abilities.• Ability to work independently and as part of a team.• Strong organizational skills and attention to detail.• Knowledge of market trends and industry best practices.

Salary Range InformationThe range displayed on each job posting reflects the targeted base salary for the position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

Rewards & Benefits

We know Michaels' promise of lifting lives starts with our teammates, so making sure every single teammate is happy, healthy, and set up for a successful future is important to us. As part of our team, you will enjoy a competitive wage, a comprehensive benefit package which includes Medical, Dental, Vision, prescription, etc., generous paid time off, a 401 (k) plan with a company match, and so much more:

• Help make the world a better place in a team-oriented environment.• Grow with our organization through various professional development opportunities.• Collaborate and thrive in a company culture where all are welcome

Michaels teammates make a difference in the lives of residents, colleagues, and the communities where we live and work every day.

Come join our team. You're going to love it here!

Salary Range

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