Inventory Coordinator
3 weeks ago
Job Summary
We are seeking a highly skilled Procurement Specialist to join our team at Novanta. As a key member of our procurement team, you will be responsible for managing the procurement of parts, purchasing KPIs, and ensuring the timely availability of all components required to build products.
Key Responsibilities:
- Manage the procurement of optical, electronic, and mechanical components, ensuring procurement of goods at the best price and delivery and highest quality.
- Procure subcontracting services, consumables, capital equipment, and ad hoc purchases.
- Manage the inventory of purchased products, ensuring optimum inventory levels to ensure supply continuity, while maintaining a reasonable level of inventory liability to the company.
- Evaluate and select suppliers using global audit and qualification processes, manage relationships, and drive performance improvements.
- Work with suppliers to develop and qualify their product/process.
- Perform in-depth quality system assessments to confirm supplier structure, level of lean implementation, and effectiveness of the quality management system.
- Collate and report performance of the Purchasing function (KPI driven).
- Support and develop Assistant Buyer role in daily task management.
- Support on Supplier quality management and NPI project introduction.
Requirements:
- Ability to evaluate and select suppliers, manage relationships, and drive performance improvements.
- CIPS qualifications preferred.
- Strong influencing and negotiating skills.
- Excellent written and oral communication skills.
- Ability to manage multiple projects simultaneously, prioritise tasks, and meet deadlines.
- Understanding of engineering principles, manufacturing processes, and quality assurance techniques.
- Procurement of electrical, mechanical, and optical components, advantageous.
- International trade, Incoterms, and customs compliance.
- PC literate, including MRP software and MS Office suite.
What We Offer:
- A competitive base salary reviewed annually.
- Annual Bonus.
- Private Medical Insurance Scheme.
- Annual leave - 23 days + bank holidays, rising to 26 days with service.
- Death in service scheme.
- Enhanced company pension scheme.
- Employee Assistance Programme.
- Volunteering Days.
- An innovative, people-focused culture.
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