Procurement Engineer

A Procurement Engineer is a key role within an engineering and manufacturing organization, responsible for managing the acquisition of products, materials, and services needed for production and other business operations. This professional plays a critical role in reducing costs, improving efficiency, and ensuring that the quality of procured items meets the standards and regulations of the company. They work closely with suppliers to negotiate contracts, assess quality, and ensure timely delivery, allowing the organization to maintain smooth operational procedures. By leveraging relationships with vendors and suppliers, as well as continuously evaluating market trends and material availability, the Procurement Engineer ensures that the company’s procurement strategies are aligned with its operational goals. Strong analytical skills, negotiation prowess, and a detailed understanding of supply chain processes are essential to excel in this position.

Responsibilities

• Identify and evaluate suppliers for quality, cost, and delivery timelines alignment.
• Negotiate contracts and terms with suppliers to attain favorable conditions.
• Ensure procurement activities align with organizational policies and regulations.
• Conduct market research to stay informed about procurement best practices.
• Assess supplier performance through metrics and KPIs to identify areas for improvement.
• Coordinate with engineering teams to understand equipment and material requirements.
• Monitor inventory levels and schedule purchases to avoid surplus and shortages.
• Develop procurement strategies to optimize costs and improve supply chain efficiency.
• Prepare and process purchase orders and ensure accurate documentation is maintained.
• Resolve supply inconsistencies and discrepancies with suppliers effectively and timely.
• Maintain strong working relationships with suppliers and internal stakeholders.
• Utilize electronic procurement systems to streamline processes and enhance accuracy.

Requirements

• Bachelor's degree in Engineering, Supply Chain Management, or related field.
• Proven experience in procurement, purchasing, or supply chain management.
• In-depth understanding of engineering products, manufacturing processes, and technologies.
• Strong negotiation skills with the ability to forge long-term relationships.
• Excellent analytical and problem-solving abilities and attention to detail.
• Ability to work under pressure and manage multiple deadlines with efficiency.
• Proficient in procurement software and strong computer literacy, especially MS Office.