Loyalty Procurement Executive Job Description
As a Loyalty Procurement Executive, you will play a crucial role in supporting our loyalty programs by sourcing and procuring various products and services. You will be responsible for negotiating contracts, evaluating supplier performance, and maintaining inventory levels. Additionally, you will collaborate with cross-functional teams to develop and implement procurement strategies that align with our business objectives.
Responsibilities
- Manage end-to-end procurement process for loyalty programs, including sourcing, negotiation, and contract management.
- Collaborate with internal stakeholders to understand requirements and ensure timely delivery of goods and services.
- Evaluate supplier performance and maintain relationships to ensure quality and cost-effectiveness.
- Monitor inventory levels and coordinate with vendors to ensure timely replenishment.
- Develop and implement procurement strategies to optimize cost savings and improve operational efficiency.
- Stay updated on market trends and industry best practices to identify potential suppliers and negotiate favorable terms.
- Maintain accurate records of procurement activities, including purchase orders, contracts, and invoices.
Qualifications
- Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
- Proven experience in procurement or supply chain management, preferably in the loyalty or rewards industry.
- Strong negotiation and contract management skills.
- Excellent communication and interpersonal skills to collaborate with internal teams and external vendors.
- Ability to analyze data and make informed decisions.
- Detail-oriented mindset with strong organizational skills.
- Proficient in using procurement software and tools.
Skills
- Procurement
- Supply Chain Management
- Negotiation
- Contract Management
- Inventory Management
- Data Analysis
- Organizational Skills
- Communication
- Interpersonal Skills