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Procurement Specialist

1 month ago

Bedford, United States Ferrotec Full time

Ferrotec USA Procurement Specialist Bedford, New Hampshire Apply Now Together we are a world-class diversified manufacturer with a commitment from our team to proudly provide pure precision solutions to our customers, delivering superior quality, value, and service. Ferrotec (USA) Corporation is a technology company with a worldwide presence in a broad array of end products, manufacturing systems, and industries serving primarily the semi-conductor industry. We provide our customers with advanced material, component, system, and manufacturing solutions. Please visit www.ferrotec.com for a list of office locations. HOW YOU MAKE AN IMPACT Responsible for obtaining material, components, equipment or services while optimizing the use of company assets in compliance with company policies, applicable federal laws or regulations governing purchase of goods or interstate commerce. Knowledgeable in assigned commodities and associated supplier base. Upholds the highest level of ethics, integrity, and professionalism while representing Ferrotec in all purchasing practices. WHAT SUCCESS LOOKS LIKE Performs well-defined tasks under the supervision of Purchasing management or a Senior Buyer. Reviews incoming requisitions for accuracy and completeness; confirms proper authorization signatures. Initiates quote activity and expedites supplier responses. Assists in determining effective pricing for purchases of assigned items or commodities through pricing analysis of current or previously purchased item prices or quotes. Monitors the cost and schedule of assigned subcontracts (blanket purchase orders). Interfaces with suppliers and supplier representatives, periodically visits suppliers’ facilities to evaluate their compatibility with Ferrotec’s requirements, goals, and objectives. Monitors and coordinates “return to vendor” (RTV) activity to ensure best possible corrective action. Interfaces with other departments regarding delivery status, specifications, pricing, quantity, or quality issues. Communicates with planning to determine the best course of action for problem deliveries. Works with a Senior Buyer or Purchasing Manager on delivery improvements and cost savings. Responsible for one or more commodities such as precision machined parts, sheet metal fabrications, magnets, ball bearings, MRO, service contracts, purchase, or lease of capital equipment. Is familiar with and utilizes a variety of acquisition methods such as spot buying, blanket orders, supplier stocking options, and service contracts to obtain needed supplies and materials in the most cost-effective manner. Maintains data and reports on assigned commodity/suppliers (performance, capacity, lead-time, and price) as required by management. Determines specific receipt timetables and quantities to support indicated and expected demands while being accountable for company cost and inventory goals. Suggests and implements improvements to purchasing practices, supplier management processes, MRP options and internal processes by communicating suggestions and implementing appropriately. Responsible for planning and procurement of critical materials, components, equipment, and services; and for the management of the resulting customer/supplier relationships. Reviews requisitions, obtains quotations, examines bids, and formulates short- and long-term procurement strategies for assigned commodities based on objective supplier performance data (quality, cost, delivery, reliability) and on considerations of product/service level value. Develops and maintains a supply base that meets the requirements of Ferrotec’s capacity demand, quality requirements, and cost expectations. Approves and qualifies suppliers consistent with the Supplier Qualification Process. Interfaces with and provides information to Planning, Manufacturing, QC, Engineering, and Sales personnel as required. Assists Purchasing management in the training of other department members as back up and in professional development. WHAT YOU NEED TO BE SUCCESSFUL Bachelor’s degree or equivalent and 4 years’ experience. Ability to act as a mentor. Preferred Skills: Ability to communicate (speak and write) in English and Chinese desired. PERKS OF JOINING OUR TEAM With positive values, a productive atmosphere and a commitment to excellence, Ferrotec encourages employees to maximize and realize their potential. Ferrotec is proud to offer a Competitive Benefits Package including Medical, Dental, Vision, Life & Disability, 401K Matching, Flexible Work Hours, Tuition Reimbursement, Leadership Development, Travel and Hotel Discounts, Paid Time Off, Sick & Wellness and Volunteer Time, Employee Recognition Program, Employee Engagement & Appreciation Events hosted throughout the year. Virtual Wellness Activities and Classes available to all employees & family members and Much More We are proud to be an Equal Opportunity and Affirmative Action employer, and consider qualified applicants without regard to race, color, creed, religion, ancestry, national origin, sex, sexual orientation, gender identity, age, disability, veteran status or any other protected factor under federal, state or local law. #J-18808-Ljbffr