
Machine Tool Procurement Specialist
4 days ago
Procurement Manager - Machine Tools
">Key Responsibilities:
- Manage the procurement function for machine tools, ensuring effective strategic sourcing and cost optimization.
- Develop and execute comprehensive procurement strategies for machine tools and related equipment.
- Build and maintain strong relationships with key suppliers and manufacturers.
- Negotiate contracts and agreements with vendors to ensure competitive pricing and favorable terms.
- Monitor market trends, evaluate supplier performance, and adjust procurement strategies accordingly.
- Collaborate closely with engineering and production teams to understand tool requirements and inventory needs.
- Ensure compliance with quality standards in the procurement process.
- Oversee procurement decisions and ensure cost-effective purchasing choices.
- Lead a team of procurement professionals and provide guidance and training.
- Address any procurement-related issues, including disputes with suppliers or delays in delivery.
- Monitor and maintain optimal stock levels to prevent downtime in production.
Required Skills and Qualifications:
- Strong knowledge of machine tool procurement, sourcing, and vendor management
- Negotiation skills and contract management experience
- Expertise in supply chain management and inventory control
- Analytical skills for evaluating vendor performance and market trends
- Strong leadership and team management skills
- Ability to work cross-functionally with engineering, production, and finance teams
- Knowledge of cost-reduction strategies and supplier relationship management
- Problem-solving skills, especially in dealing with supply chain or procurement issues
- Attention to detail and ability to work under pressure
- Proficiency in procurement software and MS Office Suite
Desired Qualifications:
- Bachelor's degree in Engineering, Supply Chain Management, or a related field (Master's preferred)
- Minimum 10 years of experience in purchasing, with at least 5 years in the machine tool industry
- Familiarity with international sourcing and import/export regulations
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