Procurement Specialist for Strategic Commodities
2 weeks ago
We are seeking a highly skilled Procurement Specialist to join our team at Bosch. This role is responsible for managing the procurement process for critical commodities and components.
Job Responsibilities- Procurement Planning: Collaborate with internal stakeholders to understand their requirements and develop procurement plans that meet business needs.
- Supplier Identification and Evaluation: Identify potential suppliers, conduct market research, and evaluate them based on their capabilities, quality, pricing, and delivery terms.
- Negotiation and Contracting: Negotiate favorable terms and conditions with suppliers and finalize contracts to ensure timely and cost-effective procurement.
- Purchase Order Processing: Support creation of purchase orders in line with organizational policies and procedures.
- Quality Assurance: Ensure purchased components and commodities meet required quality standards and specifications.
- Cost Optimization: Continuously seek opportunities to optimize costs through supplier negotiations, volume discounts, and alternative sourcing strategies.
This role requires a strong analytical mind, excellent communication skills, and the ability to work collaboratively with various departments.
Requirements- Bachelor's degree in Mechanical Engineering, Automobile, Industrial, or Production Engineering.
- 4-8 years of experience in Supply Chain Management, preferably in vendor management, procurement, or supply chain roles.
- Project Management Certification and prior experience can be advantageous.
The ideal candidate will have a proven track record in developing and managing vendor relationships, handling international clients, and supplier bases.
Technical Skills- Vendor Management: Expertise in assessing and selecting vendors, managing contracts, and driving ratio planning.
- Procurement Systems: Proficiency with procurement software (SAP, Oracle, ECM Future) and Microsoft Office Suite (especially Excel).
- Data Analysis: Ability to analyze and interpret data to make informed decisions about vendors and procurement.
We offer a competitive salary range of $80,000 - $120,000 per annum, depending on experience, as well as additional benefits and opportunities for professional growth.
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