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Procurement Specialist
2 months ago
Hino Motors Manufacturing is a leading OEM engaged in the assembly of trucks and automotive components across various locations. We are in search of a dedicated Procurement Specialist to join our Purchasing Team at our corporate headquarters.
Key Responsibilities:
- Oversee a specific range of commodities to meet key performance indicators (KPIs), focusing on supplier cost reductions, manufacturing enhancements, localization, value analysis/value engineering (VA/VE), quality improvements, and supply base development.
- Formulate, execute, and oversee commodity strategies.
- Conduct cost analyses to assess supplier competitiveness.
- Acquire in-depth knowledge of primary cost factors to effectively compare new quotations with existing prices and negotiate optimal component costs.
- Create commodity cost projections to inform sourcing, negotiation, and supplier development strategies.
- Experience in procuring components for electric vehicles is preferred.
- Issue Purchase Orders for production components and tooling.
- Maintain accurate procurement documentation, including non-disclosure agreements, requests for quotations (RFQs), supplier agreements, contracts, and recommendation sheets.
- Lead negotiations with suppliers for assigned commodities.
- Collaborate closely with suppliers to foster mutually beneficial, long-term partnerships.
- Work internally and externally to identify and manage cost reduction initiatives through to completion.
- Evaluate supply base performance and provide formal feedback during annual business reviews.
- Act as a point of escalation for other departments regarding supply base issues.
- Assist in the planning and support of new program launches and projects.
- Develop the supply base in North America for localized parts.
- Conduct supplier benchmarking activities.
- May lead project teams.
- Drive continuous improvement initiatives within the supply base to align with business objectives.
- Engage with key stakeholders and manufacturing facilities to ensure operational requirements are met.
- Support Product Planning and Engineering initiatives.
- Encourage teamwork and collaboration with departments, including international teams.
- Provide assistance to manufacturing facilities for both strategic and supplier performance challenges.
- Regularly report progress to management.
- Manage cost data by updating pricing information and resolving discrepancies in collaboration with buyers.
- Perform other duties as assigned by management.
Education & Experience Requirements:
- A bachelor's degree is preferred in Supply Chain Management, Business, Engineering, or Finance.
- A minimum of 3 years of purchasing experience is required, with automotive experience being highly desirable.
Required Skills:
- Proficient in MS Excel and MS PowerPoint.
- Strong organizational and data management capabilities.
- Excellent negotiation skills.
- Understanding of automotive manufacturing processes and costs is preferred.
- Proven ability to work collaboratively in a team-oriented environment.
- Experience with international customers/suppliers is preferred.
- Ability to work independently and meet deadlines.
Travel Requirements: Willingness to travel up to 20% is necessary.
Hino Motors Manufacturing U.S.A., Inc. is committed to providing equal employment opportunities to all employees and applicants without regard to race, color, religion, sex, national origin, age, disability, or genetics. Compliance with applicable state and local laws governing nondiscrimination in employment is also upheld.