
Lead Procurement Specialist
2 days ago
Job Summary:
We are seeking an experienced Procurement Lead to oversee sourcing and procurement of raw materials, components, consumables, and tooling for manufacturing operations. The ideal candidate will have a strong background in procurement and a proven track record of identifying, evaluating, and on-boarding suppliers based on quality, cost, and delivery performance.
Key Responsibilities:
- Source and procure raw materials, components, consumables, and tooling for manufacturing operations, ensuring compliance with industry standards and company policies.
- Identify, evaluate, and on-board suppliers based on quality, cost, and delivery performance, utilizing negotiation skills to secure favorable terms and conditions.
- Raise and monitor purchase orders based on production schedules and inventory levels, implementing effective inventory management practices to minimize costs and maximize efficiency.
- Negotiate prices, payment terms, and contracts with suppliers, leveraging market knowledge and analytical skills to drive business value.
- Track market trends and implement cost-saving initiatives, collaborating with cross-functional teams to identify areas for improvement and develop strategic solutions.
Requirements:
- MBA in Operations Management or related field, preferably with a focus on procurement and supply chain management.
- Minimum 3-4 years of hands-on experience in procurement, preferably in the automotive ancillary or Tier 1 supplier environment.
- Strong vendor negotiation and relationship management skills, with a proven track record of building and maintaining successful partnerships.
- Basic knowledge of ERP systems, including SAP, Oracle, or other relevant platforms.
- Familiarity with industry standards and documentation, such as ISO 9001 and IATF 16949.
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