
Senior Procurement Executive
2 weeks ago
The role of a Procurement Specialist is pivotal in ensuring the smooth procurement of critical materials, driving cost efficiency, and maintaining supplier performance.
This specialist is responsible for sourcing and procuring raw materials, components, consumables, and tooling for manufacturing operations. They identify, evaluate, and onboard suppliers based on quality, cost, and delivery performance.
The Procurement Specialist raises and monitors purchase orders based on production schedules and inventory levels. They negotiate prices, payment terms, and contracts with suppliers to ensure optimal value for money.
Additionally, they track market trends and implement cost-saving initiatives to improve overall profitability. The Procurement Specialist coordinates with production, stores, quality, and finance teams to ensure end-to-end procurement alignment.
Maintaining documentation for audits, vendor evaluations, and management reporting is also a key responsibility of this role. They assist in new product development (NPD) sourcing activities, ensuring that the organization has access to the latest technologies and innovations.
To be successful in this role, the Procurement Specialist requires strong analytical skills, effective communication and coordination, strong organizational and time management skills, and a team-oriented mindset.
Key Requirements:
- Bachelor's degree in Business Administration or a related field
- 3-4 years of hands-on procurement experience in an automotive ancillary or Tier 1 supplier environment
- Strong negotiation and relationship management skills
- Basic knowledge of ERP systems (SAP/Oracle/Others)
- Familiarity with automotive standards and documentation
- Proficient in MS Excel, PowerPoint, and reporting tools
Benefits:
Working as a Procurement Specialist offers numerous benefits, including opportunities for career growth and professional development. This role provides a challenging and dynamic work environment, where individuals can apply their skills and expertise to drive business success.
Why Choose This Role:
This role is ideal for individuals who are passionate about supply chain management and want to make a meaningful contribution to the organization's success. By joining our team, you will have the opportunity to develop your skills and expertise while working on exciting projects and initiatives.
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