Posted in Other 22 days ago.
Location: New Brunswick, New Jersey
Innova Solutions has a client that is immediately hiring for a Sourcing and Procurement Associate
Position type: Full-time, Contract
Duration: 06 months
Location: Warren, NJ Hybrid
As a Sourcing
and Procurement Associate you will:
The successful candidate will play a critical role in executing sourcing and procurement activities to support our cutting-edge research and development initiatives.
Required Competencies
• Experience: Entry level with Internship / Co-Op experience, 1-4+ years of experience in sourcing and procurement.
• Knowledge of regulatory requirements and industry standards related to procurement in a research and development environment.
Duties and Responsibilities:
1. Sourcing and Supplier Management:
a. Part with category teams to Identify, evaluate, and select suppliers to meet the facility's needs for materials, equipment, and services.
b. Develop and maintain strong relationships with key suppliers to ensure reliable supply and high-quality standards.
2. Procurement Operations:
a. Manage supplier contracts.
b. Ensure compliance with company policies, procedures, and regulatory requirements in all procurement activities.
3. Cost Management:
a. Negotiate favorable terms and conditions with suppliers to achieve cost savings and value for money.
b. Identify opportunities for cost reduction and process improvement within the procurement function.
c. Track and report on procurement expenditures and budget adherence.
4. Collaboration and Communication:
a. Work closely with R&D, quality, and operations teams to understand their requirements and provide procurement support.
b. Act as a liaison between the facility and the central procurement function, if applicable.
c. Communicate effectively with internal and external stakeholders to ensure alignment and transparency.
5. Data Analysis and Reporting:
a. Analyze procurement data to identify trends, opportunities, and areas for improvement.
b. Prepare and present reports on procurement activities, supplier performance, and cost savings initiatives.
c. Utilize procurement software and tools to streamline processes and enhance efficiency.
Education : Bachelor's degree in supply chain management, Engineering, Business Administration, or a related field
Qualified candidates should APPLY NOW for immediate consideration! Please hit APPLY to provide the required information, and we will be back in touch as soon as possible.
We are currently interviewing to fill this and other similar positions. If this role is not a fit for you, we do offer a referral bonus program for referrals that we successfully place with our clients, subject to program guidelines. ASK ME HOW.
Thank you!
Sara Almas
Sara.Almas@innovasolutions.com
PAY RANGE AND BENEFITS:
Pay Range*: $40.72- $ 47.41 /hr
*Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc.
Benefits: Innova Solutions offers benefits( based on eligibility) that include the following: Medical & pharmacy coverage, Dental/vision insurance, 401(k), Health saving account (HSA) and Flexible spending account (FSA), Life Insurance, Pet Insurance, Short term and Long term Disability, Accident & Critical illness coverage, Pre-paid legal & ID theft protection, Sick time, and other types of paid leaves (as required by law), Employee Assistance Program (EAP).
ABOUT INNOVA SOLUTIONS:Founded in 1998 and headquartered in Atlanta, Georgia, Innova Solutions employs approximately 50,000 professionals worldwide and reports an annual revenue approaching $3 Billion. Through our global delivery centers across North America, Asia, and Europe, we deliver strategic technology and business transformation solutions to our clients, enabling them to operate as leaders within their fields.
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