
Procurement Engineering Professional
7 days ago
Key Responsibilities:
- Strategic Sourcing & Localization:
- Develop and implement Strategy aligned with organizational goals and regulatory requirements for localization of parts / commodities for various product lines at factory by identifying competent local supplier base for Medical Industry for electronic / mechanical commodities
- Managing commodities: Sheet Metal, Machined Parts, Electromechanical Assemblies, Castings, Plastic Parts, Cable Assemblies, Electronic Manufacturing Services (EMS), HMI Applications, etc.
- Understanding of manufacturing processes to enable evaluate supplier cost sheets with open book policy
- Conduct total cost of ownership (TCO) assessments for Business case analysis.
- Supplier Management:
- Build and maintain strong relationships with local suppliers and manufacturers.
- Lead supplier qualification, audits, and performance evaluations to ensure conformance to Supplier Management goals (cost, quality, delivery)
- Negotiate price, contract terms and conditions.
- Cross-functional Collaboration:
- Influence design specifications to ensure applicability to broad technology, supplier and part capability in collaboration with R&D, Process Planning, Logistics & Quality for product cost reduction
- Collaborate with Global procurement & R&D teams to align localization efforts with broader sourcing strategies.
- Uses high level of judgement to make decisions and handle complex tasks or problems that impact the function. Has ability to assess quality of information given and ask pertinent questions to stakeholders. Able to offer new solutions to problems outside of set parameters and provide recommendations.
- Market Intelligence & Risk Management:
- Develop and maintain an in-depth market knowledge of assigned commodities for supplier technologies, manufacturing processes within the Healthcare Industry, including cost comparisons with global markets
- Monitor market trends, regulatory changes, and geopolitical factors affecting local sourcing.
- Develop risk mitigation plans for supply disruptions and quality issues.
- Cost Optimization & Reporting:
- Drive cost savings through strategic sourcing, supplier consolidation, and value engineering.
- Track and report key performance indicators (KPIs) related to localization, cost savings, and supplier performance.
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Qualifications & Skills:
- Diploma / Bachelor's degree in Engineering (Mechanical / Electronics) from an accredited university
- 6+ years of experience in Strategic procurement / Sourcing / Vendor development (preferred Healthcare sector)
- Proven experience in supplier localization and development.
- Excellent negotiation, analytical, and project management skills.
- Proficiency in ERP systems (e.g., SAP) and procurement tools.
- Multilingual capabilities and experience working in global/multicultural environments.
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