Procurement Specialist
2 months ago
About the Role:
The Procurement Specialist will be responsible for managing purchasing, material requirements planning, supplier relationship management, and providing input to product life cycle and service procurement strategy.
Key Responsibilities:
- Purchase materials, using engineering and production schedules to maintain inventory at planned levels.
- Gather quotations, examine bids, and make award decisions.
- Work with Commodity Management to develop specifications for new contract orders, evaluate vendor reliability, and develop new supply sources where vendors and suppliers are inadequate.
- Monitor cost, schedule, and scope of assigned subcontracts to assure best quality at best value.
- Manage strategic suppliers and commodities to meet quality, delivery, and cost savings objectives.
- Provide feedback to critical customers on forecasting, demand, and delivery schedules.
- Participate in critical account SCM meetings.
- Analyze pricing trends to negotiate optimal purchase agreements.
- Work collaboratively to second source strategic commodities as needed to mitigate risk.
- Create and manage purchase orders and requests for quotes to include technical documents, pricing, delivery, and key milestones to ensure on-time receipt of material.
- Analyze, adjust, and optimize product and component inventory levels to coincide with manufacturing demand and lead time changes.
- Maintain the integrity of MRP parameters (lot/order size, lead time, and safety stock).
- Coordinate with Supplier Quality on quality issues to ensure immediate intervention and resolution.
- Administrative duties maintaining files and other tasks as required.
Requirements:
- BS/BA in Business, Operations, or Supply Chain Management or related field.
- Minimum of 3 years relevant work experience in master scheduling, supply chain commodity/product line management, purchasing, or planning.
- Must possess excellent communication skills with the ability to read, write, and speak with clarity in the English language and interface effectively with customers, suppliers, and peers.
- Requires excellent analytical thinking, keen negotiation, and conflict management skills.
- Displays commitment to resolve problems and make decisions based upon the priority of the problem in relation to business needs.
- Must be proficient in Microsoft tools with a good working knowledge of Excel.
- Experience of using ERP/MRP systems.
- Must have a good understanding of current legislation, including European and British Standards, to ensure all purchases are made in accordance.
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