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Procurement Engineer

Job Purpose:

To spearhead Sourcing activities focused on new product development and legacy product re-sourcing by collaborating with project managers, design/development engineers and quality engineers where you’ll be required to identify, evaluate, and select suppliers capable of delivering technical products and services to the Company while meeting quality and cost objectives. Regularly communicate project status to Company stakeholders and management.

Job Purpose:

To spearhead Sourcing activities focused on new product development and legacy product re-sourcing by collaborating with project managers, design/development engineers and quality engineers where you’ll be required to identify, evaluate, and select suppliers capable of delivering technical products and services to the Company while meeting quality and cost objectives. Regularly communicate project status to Company stakeholders and management.

Job Responsibilities include, but not limited to:

• Scout for new suppliers who will bring the necessary technical capabilities, expertise, and value to the Company and its products.
• Develop and implement procurement strategies aligned with our goals and cost-savings objectives.
• Collaborate with project managers, design/development engineers and quality engineers to gain their input to understand the technical aspects of the product design needs for the purpose of identifying the appropriate supplier(s).
• Lead activities to facilitate the selection, development, qualification, approval, and monitoring of suppliers.
• Conduct research and Requests for Quotes (RFQ) to identify potential suppliers, evaluate their capabilities, capacity, and quality, and negotiate pricing and payment terms to meet specified requirements.
• Participate in establishing Supplier Agreements and/or Company-Supplier Terms & Conditions (T&Cs) with suppliers.
• Develop mutually beneficial supplier partnerships, which may include site visits, periodic performance meetings and hosting supplier visits and virtual meetings.
• Ensure early supplier involvement in the product design process.
• Conduct competitive bidding amongst supply base and perform comparative analysis to identify lowest cost opportunities.
• Maintain a spreadsheet for all assigned Sourcing projects to track progress, challenges, and achievements and present to management on a weekly basis.
• Monitoring project timelines and issuing purchase orders to meet delivery requirements.
• Hosting supplier project meetings and issuing meeting notes with action items, due dates, and ownership.
• Identify and mitigate potential risks in the supply chain, such as geopolitical, economic, or logistical risks.
• Support team members on technical issues and questions related to ongoing supplier selection and order fulfillment.
• Participate in establishing Supplier Agreements and/or Company-Supplier Terms & Conditions (T&Cs) with suppliers.
• • Actively involved in the development of metrics, reports, and management review presentations (as needed).
  • Know and apply the Quality System and any appropriate Federal and International Standards.
  • Lead or participate as assigned in the development of continuous improvement projects/kaizens focused on supplier quality, delivery and productivity (cost savings).
  • Assist the team as needed/assigned.

  Key Attributes:

  • Strategic thinker with a focus on long-term procurement goals.
  • Results-oriented and able to achieve cost savings and process improvements.
  • Detail-oriented and able to manage complex relationships and technical specifications.
  • Strong leadership and team communication & collaboration skills.
  • Adaptable and able to work in a fast-paced and dynamic environment.

  Qualifications:

  • Bachelor’s degree or higher from an accredited four-year university; Engineering, Business Administration or Supply Chain Management preferred.
  • Minimum of 5 years of experience in commodity/category management or procurement engineering.
  • Excellent negotiation, communication, and interpersonal skills with suppliers and internal stakeholders.
  • Must possess NPD process knowledge for the development and commercialization of products.
  • Ability to work and think independently in a fast-paced environment handling multiple priorities/projects.
  • Strong analytical and problem-solving skills.
  • Strong project management and organizational skills.
  • Proficient with ERP systems and setting appropriate parameters preferred.
  • Industry experience with purchasing and quality management systems preferred.
  • Proficient in MS Office Suite (Excel, PowerPoint, Word).

Bachelors