Procurement Specialist

Roles & Responsibilities

• Issue and manage purchase orders from creation through closure to support production and project schedules.
• Maintain accurate procurement records and order status in SAP systems.
• Resolve day-to-day procurement issues related to supply, delivery, quality, and commercial matters.
• Ensure procurement activities comply with company policies, ethical standards, and applicable regulations.

Supplier Management

• Identify, evaluate, select, and develop suppliers based on quality, cost, delivery, service, and business requirements.
• Conduct supplier sourcing, market research, supplier evaluation, and benchmarking activities.
• Monitor supplier performance through KPIs such as On-Time Delivery, Quality, Cost, Responsiveness, and Service Level.
• Conduct supplier performance reviews and drive supplier development and continuous improvement initiatives.

Commercial & Contract Management

• Negotiate pricing, payment terms, lead time, and commercial conditions.
• Negotiate, establish, and administer supplier contracts and commercial agreements throughout the contract lifecycle.

Cost & Risk Management

• Monitor demand and material requirements based on production plans, BOM, and MRP requirements.
• Perform cost analysis, market analysis, and should-cost evaluations.
• Identify, develop, and implement cost-saving initiatives through supplier negotiations, value engineering, localization, and alternative sourcing to achieve annual procurement savings targets.
• Identify supply risks and implement mitigation plans to ensure business continuity.

Cross Functional Support

• Partner with Engineering, Production, Planning, Quality, Logistics, Finance, and Project teams to ensure timely material availability and support business objectives.
• Support new product introduction, engineering changes, and supplier qualification activities.

Reporting & Compliance

• Prepare procurement reports, analyze performance metrics, and monitor procurement KPIs.
• Support internal, external, customer, and certification audits related to procurement activities.
• Perform other duties as assigned.

Requirements and skills

• Bachelor’s degree in engineering or related field.
• Proven working experience as Purchasing Engineer, Sourcing, Buyers at least 3 years
• Familiarity with direct materials sourcing and vendor / supplier management
• Interest in market dynamics along with business sense
• SAP experience is a plus
• Strong organizational and time management skills