Senior Procurement Specialist

Marquard Ventures ‚Ä¢ Cleveland, Ohio ‚Ä¢ Full Time

Posted on Sat, Aug 8, 2026

Marquard Ventures is seeking a Senior Procurement Specialist. The Senior Procurement Specialist is responsible for leading the procurement of materials, components, supplies, and services that support company operations while ensuring cost-effective purchasing, supplier performance, and inventory optimization. This role serves as the organization's primary procurement professional partnering with Operations, Warehouse, Engineering, Sales, Finance, and Customer Care to maintain efficient inventory levels, improve supplier performance, and support business growth. The ideal candidate is an experienced procurement professional who combines strategic sourcing expertise with a hands-on approach to purchasing, inventory planning, and vendor management in a fast-paced manufacturing and distribution environment. Essential Duties & Responsibilities Procurement & Strategic Sourcing

Manage the procurement of materials, components, supplies, equipment, and services required to support company operations.
Lead SIOP meetings and action items

Develop and maintain strong relationships with domestic and international suppliers.
Negotiate pricing, payment terms, lead times, and service agreements to maximize value and control costs.
Identify new suppliers and evaluate vendor capabilities, quality, pricing, and delivery performance.
Monitor market trends, supply risks, and material availability to proactively address potential disruptions.
Prepare and issue purchase orders while ensuring accuracy and timely fulfillment.
Maintain purchasing records and vendor documentation within the ERP system.
Identify opportunities for cost savings, process improvements, and supplier consolidation

Inventory Management Responsibilities

Monitor inventory levels to ensure materials are available to support customer demand while minimizing excess inventory.
Establish and maintain appropriate reorder points, safety stock levels, and purchasing parameters.
Analyze inventory usage trends and purchasing history to improve inventory performance.
Partner with Warehouse and Operations to improve inventory accuracy and reduce stock discrepancies.
Assist with cycle counts, physical inventories, and reconciliation of inventory variances.
Recommend inventory optimization initiatives that improve inventory turns and reduce carrying costs.
Coordinate with internal stakeholders to forecast purchasing requirements and production needs.

Vendor Management

Monitor supplier performance related to quality, delivery, responsiveness, and cost.
Resolve supplier issues involving shortages, quality concerns, delayed shipments, and service challenges.
Conduct periodic supplier performance reviews and recommend corrective actions when necessary.
Maintain strong working relationships with key vendors to support long-term partnerships.

Supplier & Cross-functional Collaboration

Track supplier performance including delivery, quality, responsiveness, and service levels.
Work cross-functionally with operations, production, finance, engineering, sales, and customer care teams to support business goals.
Participate in new product introductions by coordinating supplier sourcing and procurement activities.
Maintain compliance with company purchasing policies and procedures.
Support ERP data accuracy related to purchasing, inventory, pricing and supplier information.
Recommend continuous improvements to procurement processes and inventory management practices.

Qualifications Education & Experience

Bachelor's degree in Supply Chain Management, Business, Operations Management, or related field preferred (equivalent experience considered).
5–8 years of procurement, purchasing, supply chain, or inventory management experience, preferably in a manufacturing or distribution environment.
Demonstrated experience negotiating supplier agreements and managing vendor relationships.
Experience with ERP/MRP systems and inventory planning.

Knowledge & Skills

Strong negotiation and communication skills.
Excellent analytical and problem-solving abilities.
Advanced Microsoft Excel skills.
Knowledge of inventory management principles and supply chain best practices.
Ability to prioritize multiple projects in a fast-paced environment.
Strong organizational skills and attention to detail.
Experience with forecasting and inventor planning

Key Performance Indicators

Purchase order accuracy
Purchase cost savings
Supplier on-time delivery
Inventory accuracy
Inventory turns
Stockout reduction
Supplier quality performance
Inventory cost reduction
Lead time improvement
ERP data accuracy

Salary: Market competitive and commensurate with experience. Other Requirements: Successful clearance of pre-employment background and drug screen required. For employment, all persons hired must provide valid proof of identity and eligibility to legally work in the United States. An Equal Opportunity Employer, ADA Compliant, Drug-free and Smoke-free workplace.

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