
Strategic Purchaser
19 hours ago
Purchasing Executive Job Description
Key Skills:
- Strong technical knowledge of mechanical engineering principles and manufacturing processes.
- Excellent negotiation and communication skills.
- Knowledge of supplier management, vendor development, and cost reduction.
- Ability to analyze data and identify areas for improvement.
- Strong problem-solving and analytical skills.
- Proficiency in Microsoft Office Suite and relevant software.
- Knowledge of relevant quality standards and regulations.
- Proficiency in CAD, knowledge of sheet metal fabrication techniques (cutting, bending), and an understanding of industry standards and compliance.
Job Responsibilities:
- Supplier Identification and Evaluation:
- Identify potential suppliers based on technical requirements, quality standards, and cost-effectiveness.
- Conduct thorough assessments of supplier capabilities, including manufacturing processes, quality control systems, and financial stability.
- Evaluate supplier proposals and negotiate contracts, ensuring favorable terms and conditions.
- Vendor Development and Improvement:
- Collaborate with suppliers to improve their processes, quality, and delivery performance.
- Provide technical support and guidance to suppliers to enhance their capabilities and meet the company's requirements.
- Implement supplier development programs, including training, workshops, and knowledge sharing initiatives.
- Cost Reduction and Optimization:
- Analyze the cost structure of products and identify opportunities for cost reduction through value engineering, process optimization, and material sourcing.
- Negotiate with suppliers to achieve competitive pricing and favorable payment terms.
- Implement cost-saving initiatives throughout the supply chain, such as reducing lead times, improving inventory management, and optimizing logistics.
- Supplier Relationship Management:
- Build and maintain strong relationships with key suppliers, fostering open communication and collaboration.
- Manage supplier performance, track key metrics, and address any performance issues proactively.
- Conduct regular performance reviews and provide constructive feedback to suppliers.
- Cross-functional Collaboration:
- Work closely with internal teams, including engineering, manufacturing, procurement, and quality, to ensure alignment and effective communication.
- Collaborate with other departments to identify and implement cost-saving opportunities throughout the product lifecycle.
Requirements:
- 2-3 years of experience in purchasing or procurement.
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