Procurement Specialist

4 weeks ago


Cleveland, Ohio, United States Servo Products Co. Full time

Job Title: Parts Manager

Job Summary:

Servo Products Co. is seeking a skilled Parts Manager to oversee procurement activities for two of our subsidiary companies. As a key member of our team, you will be responsible for sourcing and procuring parts and materials from a list of preferred vendors.

Key Responsibilities:

  1. Vendor Management:
  • Maintain relationships with existing vendors, negotiating pricing, terms, and delivery schedules to ensure cost-effectiveness and timely delivery of parts.
  • Evaluate vendor performance regularly, addressing any issues or concerns to maintain high standards of quality and service.
  • Identify potential new vendors, conduct due diligence, and assess their capabilities to meet the company's requirements.
Procurement:
  • Review parts and materials requirements for production schedules and inventory levels, ensuring timely procurement to meet production demands.
  • Create purchase orders, track deliveries, and manage inventory levels to prevent stockouts or excess inventory.
  • Work closely with the production team to understand specific part requirements and technical specifications.
Cost Management:
  • Analyze pricing trends and market conditions to identify opportunities for cost savings without compromising quality.
  • Implement cost-saving initiatives such as bulk purchasing, supplier consolidation, or alternative sourcing strategies.
Quality Assurance:
  • Collaborate with the engineering staff to ensure that purchased parts and materials meet required specifications and quality standards.
  • Address any quality issues promptly, working with vendors to implement corrective actions and prevent recurrence.

Qualifications:

  • Proven experience in procurement, preferably in a manufacturing or engineering environment.
  • Strong negotiation skills and the ability to build and maintain effective vendor relationships.
  • Excellent analytical and problem-solving abilities.
  • Familiarity with inventory management systems and procurement software.
  • Solid understanding of technical specifications and requirements for engineering parts and materials.
  • Effective communication skills, both verbal and written.
  • Detail-oriented with a focus on accuracy and quality.


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