Sourcing and Procurement Analyst
2 weeks ago
SMT Company Inc. stands at the forefront of sheet metal fabrication and electro-mechanical assembly, focusing on comprehensive product solutions. We are currently seeking a proficient Procurement Specialist to enhance our operational efficiency. This position is based in our Raleigh, NC facility and offers a supportive work environment with a robust leadership team and an extensive benefits package.
Position Overview
The Procurement Specialist plays a crucial role in managing the procurement lifecycle, crafting supplier sourcing strategies, and fostering strong supplier partnerships to guarantee the timely and cost-efficient acquisition of superior components.
Primary Responsibilities:
- Formulate and execute effective sourcing strategies for integrated electronic components and metals.
- Identify, assess, and engage potential suppliers, negotiate contracts, and nurture supplier relationships.
- Track market dynamics and supplier performance to secure optimal pricing, quality, and delivery timelines.
- Collaborate with engineering and production departments to ascertain component specifications to meet customer demands.
- Oversee the procurement process, including purchase order execution, inventory management, and cost control.
- Ensure adherence to company, customer, and industry standards and regulations.
- Conduct risk evaluations and implement strategies to mitigate potential issues.
- Analyze and report on procurement Key Performance Indicators (KPIs).
- Perform additional responsibilities as assigned.
Required Qualifications:
- Bachelor's degree in Supply Chain Management, Engineering, or a related discipline is preferred.
- A minimum of 2 years of procurement experience, particularly with electronic components.
- Proficient negotiation and contract management capabilities.
- In-depth knowledge of electronic components and the associated supply chain.
- Familiarity with ERP and procurement software.
- Strong analytical and problem-solving abilities.
- Exceptional communication and interpersonal skills.
- Capacity to thrive in a fast-paced, dynamic setting.
Preferred Qualifications:
- ASCM/APICS Certified CPIM or CSCP.
- ISM CPSM or CPSD certification.
- Experience in global sourcing and international procurement.
- Understanding of Electrical and Metal Industry standards and regulations (e.g., ROHS, REACH, MTR).
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