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Procurement Specialist

2 months ago


Pleasanton, United States Ryzen Solutions Full time

Procurement Specialist 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 the 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 and in all purchasing practices. Maintains relations with suppliers on a professional and objective basis, free from the influence of gifts, favors, or personal relationships. 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 Ferrotecs requirements, goals, and objectives. Monitors and coordinates return to vendor (RTV) activity to insure 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, and 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 most cost-effectively. Maintains data and reports on assigned commodities/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 them appropriately. Not a comprehensive list of duties. Duties may change without notice at managements sole discretion WHAT YOU NEED TO BE SUCCESSFUL Bachelors degree or equivalent and 2 years experience. Problem-solving, negotiation, and conflict-resolution skills. Ability to work independently and exercise the discretion to make sound decisions. PREFERRED SKILLS: Ability to communicate (speak and write) in English and Chinese desired.