Procurement Engineer (225-801)

A Procurement Engineer plays a crucial role in ensuring the smooth flow of materials and resources within an organization. They are responsible for acquiring goods and services essential to the company's operations, whether it involves securing raw materials, negotiating contracts with suppliers, or ensuring that all procurement activities meet the organization's standards. The ideal Procurement Engineer is analytical, detail-oriented, and adept at building strong relationships with vendors and suppliers. This role requires a balance between understanding engineering processes and demonstrating cost-efficient procurement strategies. As businesses recognize the importance of a streamlined supply chain, the demand for skilled Procurement Engineers is becoming increasingly critical in various industries.

Responsibilities

• Develop and manage procurement strategies to align with organizational objectives.
• Assess and analyze the company's requirements for goods and services procurement.
• Research and identify potential suppliers to meet organizational procurement needs.
• Negotiate contracts, terms, and pricing agreements with suppliers and vendors.
• Conduct assessments and evaluations of suppliers to ensure performance standards.
• Collaborate with engineering and project management teams to fulfill requirements.
• Ensure compliance with all regulations regarding purchasing and contractual obligations.
• Monitor industry trends and market conditions to foresee supply chain risks.
• Maintain accurate records of purchases, pricing, and other essential data.
• Implement cost-reduction and efficiency-improvement strategies for procurement operations.
• Review and manage the procurement of materials to avoid delays in project timelines.
• Develop and maintain a network of reliable suppliers for long-term partnerships.

Requirements

• Bachelor's degree in Engineering, Supply Chain Management, or related field.
• Proven experience in procurement, preferably in engineering or industrial sectors.
• Strong negotiation skills with a track record of successful agreements.
• Proficiency in procurement software and tools for efficient supply chain management.
• Excellent communication skills for effective vendor and team interaction.
• Ability to analyze data and forecast purchasing trends and needs accurately.
• Knowledge of relevant laws and regulations regarding procurement and contracts.