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Purchasing And Procurement Associate Jobs in Indiana

Maintain quality and safety standards in assigned area of responsibility by ensuring associates are ... Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off ...

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Purchasing And Procurement Associate information

What are the key skills and qualifications needed to thrive as a Purchasing and Procurement Associate, and why are they important?

To thrive as a Purchasing and Procurement Associate, you need strong analytical abilities, negotiation skills, and a solid understanding of supply chain management, typically supported by a relevant degree or certification. Familiarity with procurement software, enterprise resource planning (ERP) systems, and vendor management tools is essential. Attention to detail, effective communication, and the ability to build relationships make someone stand out in this position. These skills ensure cost-effective purchasing, risk mitigation, and efficient collaboration with suppliers and internal teams.

How much do procurement associates make in the US?

Procurement associates in the US typically earn an average salary of around $50,000 to $65,000 per year, depending on experience, location, and industry. Entry-level roles may start lower, while experienced professionals with certifications can earn higher salaries. Skills in negotiation, supply chain management, and familiarity with procurement software can influence compensation.

What are the 7 stages of procurement and purchasing?

The 7 stages of procurement and purchasing include identifying needs, defining specifications, sourcing suppliers, requesting and evaluating bids, negotiating terms, issuing purchase orders, and managing contract performance. As a Purchasing and Procurement Associate, understanding these stages helps ensure efficient and cost-effective procurement processes within an organization.

What are some common challenges Purchasing and Procurement Associates face when managing supplier relationships?

Purchasing and Procurement Associates often encounter challenges such as negotiating favorable terms, ensuring consistent quality and delivery from suppliers, and managing communication across different time zones or cultures. Balancing cost-effectiveness with reliability, maintaining compliance with company policies, and quickly resolving supply disruptions are also common hurdles. Building strong, transparent relationships with suppliers and staying proactive in communication can help address these challenges and contribute to smoother procurement operations.

What is the difference between Purchasing And Procurement Associate vs Purchasing And Procurement Associate?

AspectPurchasing And Procurement Associate

Since the question compares the same job title, there is no difference between Purchasing And Procurement Associate and Purchasing And Procurement Associate. They are the same role, often used interchangeably, involving tasks like supplier communication, order processing, and inventory management within procurement and purchasing departments.

What does a Purchasing and Procurement Associate do?

A Purchasing and Procurement Associate is responsible for sourcing and buying goods and services needed by a company. They evaluate suppliers, negotiate contracts, and ensure that purchases are cost-effective and meet quality standards. Their work helps maintain inventory levels and supports the smooth operation of the business. They also coordinate with other departments to understand their needs and keep accurate records of purchases.

What does a procurement associate do?

A procurement associate is responsible for sourcing and purchasing goods and services needed by an organization. They evaluate suppliers, negotiate contracts, and ensure timely delivery while maintaining cost efficiency. Proficiency in procurement software and strong negotiation skills are often required in this role.

Is procurement a high stress job?

Purchasing and procurement associates often work in fast-paced environments where meeting deadlines and managing supplier relationships can create stress. The role requires strong organizational skills and attention to detail, but stress levels vary depending on the industry, company size, and workload management. Effective communication and time management can help mitigate job-related stress.
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Procurement Specialist/Sr. Procurement Specialist

Procurement Specialist/Sr. Procurement Specialist

Republic Airways

Indianapolis, IN • On-site

Full-time

Posted 13 days ago


Republic Airways rating

7.2

Company rating: 7.2 out of 10

Based on 45 frontline employees who took The Breakroom Quiz

13th of 26 rated airlines


Job description

Job Category:

Supply Chain

POSITION PURPOSE
The Buyer promotes the most cost effective use of company funds in the acquisition of assigned commodities and services.  Collaborates with and supports Manager in developing and implementing strategic buys and initiation of long term agreements. 

ESSENTIAL DUTIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. 

  • Utilizes ERP and other systems to manage day to day activities supporting the purchasing operation.  Receives requisitions, analyzing each line item for quantity, specifications and delivery requirements.  Works with Material planning to revise requirements, as applicable, based on consumption, lead time, cost, etc. 
  • Tracks and confirms delivery of all orders by maintaining an aggressive follow up system to ensure timely control of orders, amendments, shipping notices and other required documents.
  • Resolves receiving and invoice discrepancies within prescribed timeframes.
  • Maintains KPIs at required levels: aged open requisitions, aged purchase orders, invoice discrepancies, receiving discrepancies and cost savings tracking. 
  • Analyzes spend data to identify opportunity areas to aggregate spend, optimize or expand supply base,

as appropriate, and drive value add in the supply chain.  Initiates annual price agreements and/or blanket purchase orders to leverage price or other value from supply chain (logistics, warranty, lead time reduction, or other value considerations).

  • Evaluates market conditions and trends.  Seeks out and evaluates new sources of supply to achieve cost reduction goals without jeopardizing quality and material requirements.  Negotiates cost reductions based on quote analysis and benchmarking.
  • Interfaces with stakeholder departments and serves as subject matter expert on cross-functional teams to fulfill internal customer service requirements.
  • Utilizes E-commerce with all key suppliers to increase purchasing efficiency and effectiveness.
  • Assists & supports internal customer sourcing requests.  Initiates and supports RFx development, supplier evaluation, contract negotiation and execution for procurement categories.  Administers executed contracts to ensure intended value and benefits are realized.
  • Performs root cause analysist and corrective action implementation to correct supplier performance deficiencies. 
  • Develops and documents best practices and creates more efficient lean processes.
  • Fosters the Company's core values and culture throughout the work environment.
  • Performs other duties as assigned.

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
The requirements listed below are representative of the knowledge, skill, and/or ability necessary to perform this job.

EDUCATION and/or EXPERIENCE

  • Bachelor's degree (B.A./B.S.) or equivalent in Aviation, Business, Purchasing, Materials or related field. 
  • Requires at least 3 years of experience in a purchasing function or in the airline industry.

PREFERRED EDUCATION and/or EXPERIENCE

Master's degree (M.A./M.S.) or equivalent. 

Prefer at least 5 years of experience. 

Prefer certification as Certified Professional in Supply Management or Certified Purchasing Manager.

LANGUAGE SKILLS

Able to read, analyze, and interpret technical procedures, governmental regulations, financial reports and legal documents.  Able to write reports and business correspondence.  Able to respond to common inquiries or complaints from customers, regulatory agencies, or vendors.  Able to effectively present information and respond to questions from groups of managers, clients, customers, and vendors.

REASONING/PROBLEM SOLVING ABILITY

Able to define problems, collect data, establish facts, and draw valid conclusions.  Able to interpret a variety of instructions furnished in written, oral, diagram, or schedule form and deal with several abstract and concrete variables.

DECISION MAKING

Makes decisions to support strategic decisions.  Decisions tend to be medium range and of medium significance with moderate consequences.

PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job.

  • Able to use close vision (clear vision at 20 inches or less).
  • Able to move about the work environment. 
  • Frequently required to stand, walk, sit, talk and hear

WORK ENVIRONMENT
The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job.

Typically not exposed to extreme environmental conditions.

TRAVEL REQUIREMENTS

Able to travel up to 20% of the time, including overnight travel.

EQUAL OPPORTUNITY EMPLOYER, DISABILITY, AND VETERAN ACCOMODATIONS

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer, Disability and Veteran Accommodations

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


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