Procurement Specialist

4 weeks ago

Bedford, United States Ryzen Solutions Full time

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 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, 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. Not a comprehensive list of duties. Duties may change without notice at management’s sole discretion WHAT YOU NEED TO BE SUCCESSFUL Bachelor’s degree or equivalent and 4 years’ experience. Ability to act as a mentor.

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