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NPD Procurement Specialist
2 months ago
Key Responsibilities:
Supplier Identification and Assessment:
- Locate and assess potential suppliers, ensuring they meet technical capabilities, quality benchmarks, cost-effectiveness, and reliability.
- Establish and nurture a strong supplier network to fulfill both current and future business requirements.
Cost Control:
- Engage in negotiations with suppliers to secure advantageous contracts and pricing structures.
- Execute cost-saving strategies while ensuring product quality and dependability remain intact.
Quality Management:
- Work in conjunction with the quality assurance department to confirm that suppliers comply with the company's quality expectations and regulatory standards.
- Perform regular audits and evaluations of supplier performance to promote ongoing enhancements.
Project Coordination:
- Oversee sourcing projects from start to finish, guaranteeing timely execution and compliance with budgetary limits.
- Collaborate with internal departments to synchronize sourcing efforts with product development and manufacturing timelines.
Technical Guidance:
- Offer technical insights regarding the selection of materials, components, and production methodologies.
- Partner with engineering teams to resolve technical challenges and enhance designs for manufacturability.
Risk Mitigation:
- Recognize and address risks within the supply chain, including geopolitical, economic, and environmental concerns.
- Create contingency strategies to ensure the resilience of the supply chain.
Documentation and Analysis:
- Keep precise records of supplier communications, contracts, and performance indicators.
- Generate regular reports detailing sourcing activities, cost efficiencies, and supplier performance for executive review.
Qualifications:
- Bachelor's degree in Engineering, Supply Chain Management, or a related discipline; a Master's degree is advantageous.
- At least 3 years of experience in sourcing, procurement, or supply chain management within a manufacturing context.
- Strong technical foundation with the capability to comprehend intricate engineering specifications and requirements.
- Demonstrated success in supplier negotiations and cost-saving initiatives.
- Exceptional analytical and problem-solving abilities.
- Robust project management skills, capable of handling multiple projects concurrently.
- Familiarity with sourcing and procurement software/tools.
- Outstanding communication and interpersonal skills.