Strategic Procurement Specialist
4 weeks ago
Purchase Engineer Job Description
We are seeking a highly skilled and experienced Purchase Engineer to lead our procurement activities. In this role, you will be responsible for acquiring raw materials, components, and equipment while managing relationships with vendors.
Key Responsibilities:
- Vendor Evaluation: Conduct assessments to identify and qualify vendors based on quality, cost, and reliability.
- Request for Proposal (RFP) Creation: Draft and distribute RFPs to potential vendors outlining the specifications and requirements for products or services needed.
- Cost Analysis: Perform detailed cost analyses to identify optimal procurement options aligned with budget constraints and quality standards.
- Negotiation: Lead negotiations with suppliers to secure advantageous contract terms and conditions.
- Compliance Monitoring: Keep procurement activities compliant with internal policies and external regulations.
- Quality Assurance: Collaborate with the quality control team to ensure the purchased materials meet all necessary quality metrics.
- Order Management: Oversee the entire ordering process from initial requisition to final delivery ensuring timeliness and accuracy.
- Supplier Relationship Management: Maintain and nurture relationships with suppliers for long-term partnership and potential cost savings.
- Technical Liaison: Serve as the point of contact between engineering departments and suppliers to clarify technical specifications or resolve issues.
- Contract Management: Administer supplier contracts and agreements ensuring they meet both short-term needs and long-term strategic goals.
- Developing a Sourcing Plan: Review engineering drawings, accompany engineers in examining sources of supply, and interview prospective suppliers.
- Managing Inventory: Utilize inventory and cost analysis reports and reconcile stock discrepancies with suppliers; reorder levels as necessary.
- Conducting Research: Analyze, research, and recommend alternative sources of supply for usage and cost savings.
Requirements and Skills:
- A minimum of 3-5 years in procurement or a closely related field.
- Prior experience with vendor management.
- Demonstrated ability in cost negotiation.
- Proficiency in procurement software (e.g., ERP).
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