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Procurement Specialist
3 months ago
Position Summary:
The Procurement Specialist will transact business to buy the products or services required by ABEC with the most favorable terms and conditions. The Procurement Specialist will work with the people in the organization to determine needs and develop effective business relationships with vendors to meet those needs in the best interest of ABEC. This position will also play a crucial role in Optimizing the movement of goods from purchasing through production to delivery. This includes analyzing data, monitoring inventory levels, identifying cost-saving opportunities, and collaboration with various departments to ensure a smooth flow of products or services from suppliers to customers. The use of statistical methods and software to establish and track performance metrics and suggest improvements to enhance overall supply chain effectiveness is a required skill set for this role. Strong analytical skills, attention to detail, and the ability to work with cross-functional teams are also key for this role.
Responsibilities:
· Support Project Management, Manufacturing, and Service functions with on-schedule procurement of mechanical & electrical components/services as required for manufacture and after-sales service of ABEC equipment.
· Work with Suppliers to assure optimum combination of price, quality and lead time is obtained on all items/services purchases by ABEC. This includes negotiation of pricing, delivery, and payment terms, as well as cancellation/return/warranty policies.
· Develop and maintain strong vendor relationships to ensure required performance (on-time delivery, quality, competitive pricing) is achieved and continuously improved.
· Assist QC/Receiving function with resolution of product or documentation discrepancies preventing formal receipt and utilization of purchases items. Similarly, coordinate with Mech./Elec. Design as required to resolve discrepancies involving system Part Numbers, Item Descriptions, Vendor Documentation Code requirements, etc.
· Provide Project Managers with timely updates on the status of procurement for their respective projects. Participate in project team meetings as required to ensure accurate and up-to-date communication regarding project status is maintained.
· Support Product Management and Sales functions as requested to obtain quotations for materials/services related to preparation of project proposals.
· Coordinate with Engineering and Mech./Elec. Design functions to identify opportunities for product training (Lunch & Learns) or similar technical information sessions to enhance understanding of vendor product line, new applications, cost savings, etc.
· Identify inefficiencies in Supply Chain processes and propose improvements for enhanced efficiency and cost effectiveness.
· Revising and/or creating new procedural documents.
· Analyzing and interpreting data related to inventory, vendor performance and overall supply chain performance.
· Establish key performance indicators (KPI's) to evaluate and improve overall supply chain performance.
· Assessing and mitigating potential risks within the supply chain, such as disruptions in the flow of goods and services.
· Leveraging technology and software tools for data analysis, inventory tracking, and process optimization.
· Proactively seeking opportunities for continuous improvement in supply chain processes and staying informed about industry trends and best practices.
· Work in collaboration with other department employees and Global Supply Chain Manager to identify and implement opportunities for process improvement that increase efficiency of operations, more effectively utilize resources, and reduce costs.
· Proactively seeking opportunities for continuous improvement in supply chain processes and staying informed about industry trends and best practices.
· Other work as assigned to support projects and / or customer expectations.
· Follow all ABEC safety rules and policies.
· Ability to travel when required.
Qualifications:
· Associate degree in supply chain management or related field, or equivalent experience with 3 plus years in a procurement manufacturing environment.
· Experience working with an ERP system, preferably Syteline.
· Ability to communicate effectively with all levels of company structure.
· Self-starter, organized, highly adaptive, flexible, and ability to work with minimal supervision.
· Results driven.
· Proficiency in Microsoft's Word, Excel, Power Point and Outlook.
· Ability to analyze planning information.
· Problem solving skills.
· Willingness and ability to learn at a challenging pace and in a changing environment.
· Strong attention to detail.
Requirements:PI66dca60719c