Position Summary
Responsible for managing purchasing and vendor-related activities to ensure timely, cost-effective, and reliable supply of materials and services. The role will develop and implement sourcing strategies, strengthen supplier performance, identify cost reduction opportunities, and support production and new program requirements.
Key Responsibilities
- Develop and implement purchasing and sourcing strategies to achieve cost reduction and procurement objectives.
- Identify and execute cost reduction initiatives in collaboration with suppliers and internal stakeholders.
- Source, evaluate, benchmark, and negotiate with suppliers to ensure competitive pricing, quality, and commercial terms.
- Manage supplier performance, including delivery, quality, responsiveness, and service levels, and drive continuous improvement.
- Coordinate RFQ activities, evaluate quotations, and support supplier selection for assigned purchasing categories.
- Work closely with Engineering and other functional departments to conduct value analysis and identify opportunities to optimize purchased parts and materials.
- Support new product and program launches by coordinating supplier activities, including FA submission timelines and other purchasing-related requirements.
- Work closely with the Product Development team and suppliers to ensure purchasing activities support committed project timelines.
- Manage supplier relationships and proactively address potential supply disruptions to ensure continuity of production.
- Create and release purchase orders after verifying supplier quotations, pricing, specifications, and delivery requirements.
- Monitor supplier delivery performance and ensure materials are supplied in accordance with production requirements and agreed schedules.
- Work with suppliers to reduce lead times and support Lean Manufacturing and continuous improvement initiatives.
- Monitor and achieve assigned purchasing KPIs, including cost savings, supplier performance, delivery, and procurement efficiency.
- Maintain accurate purchasing records and documentation in accordance with company procedures.
- Perform other purchasing and procurement-related duties as assigned by management.
Job Requirements
- Diploma or Degree in Engineering, Business Management, Supply Chain, Procurement, or a related discipline.
- Minimum 2 years of relevant experience in purchasing, procurement, sourcing, or materials management, preferably within a manufacturing environment.
- Strong sourcing, negotiation, supplier management, and commercial skills.
- Experience with QAD or other ERP systems will be an advantage.
- Proficient in Microsoft Office, particularly Excel, Word, and PowerPoint.
- Good understanding of purchasing processes, supplier management, cost analysis, and material planning.
- Strong analytical and problem-solving skills with good attention to detail.
- Organized, quality-conscious, and results-oriented.
- Proactive, resourceful, and able to work independently as well as in a team.
- Good communication and interpersonal skills with the ability to work effectively with internal departments and external suppliers.
- High level of integrity, accountability, and professionalism.