Purchasing Specialist

14 hours ago


Madison Heights, Michigan, United States ParkOhio Holding Corp. Full time
Purchasing and Procurement Expert

We are seeking a highly skilled and experienced Purchasing and Procurement expert to join our team at ParkOhio Holding Corp. The ideal candidate will have a strong background in industrial purchasing methods, theories, and legal aspects of the job, with a minimum of 5 years' purchasing experience.

Key Responsibilities:
  • Source, evaluate, and purchase goods and services to meet company requirements.
  • Prepare and issue Request for Quotes (RFQs), ensuring they include technical, quality, contractual, and schedule requirements.
  • Manage orders and coordinate with management for orders exceeding approved purchase values.
  • Ensure compliance with internal and governmental regulations through documentation.
  • Identify and select suppliers.
  • Conduct cost, price, and technical analyses to select suppliers according to organizational policies and government regulations.
  • Support the implementation of material value drivers.
  • Work with program management, sales, quality, and engineering to ensure that the suppliers comply with all quality and engineering requirements.
  • Manage Supplier Kickoffs and PPAP Requests.
  • Issue RFQ's to suppliers for engineering changes & new programs (SQR's).
  • Manage Supplier Pricing – minor negotiations, tracking price changes and the associated cost impacts.
  • Update Component Matrix on Program workbooks.
  • Tracking PPAP orders (samples).
  • Track the purchasing workflow in the SQR process.
  • Obtain data from suppliers for customer reimbursement.
  • Drafting contract terms for sourcing recommendations - price, quality, delivery lead-time, std pack, payment terms, inco terms (support from Commodity Managers).
  • Analyzing and evaluating supplier performance.
  • Managing daily, monthly and quarterly reports.
  • Developing and maintaining supplier relationships.
  • Coordinating with other departments.
  • Participates in commodity teams and initiates management reviews and audits with suppliers, including travel for total supplier management.
  • The Buyer/ analyzes purchasing data to ensure prices are consistent with established standards and benchmarking information.
  • The Buyer informs suppliers of engineering changes and determines the impact on raw material cost, tooling revision cost and tooling down time. This must be coordinated with current production requirements, affectivity dates of changes, and lead time for physical tool changes to balance all factors.
  • Negotiate cost savings and changes in manufacturing processes to improve quality and cost.
  • The Buyer ensures current specifications/prints are supplied to suppliers.
  • The Buyer negotiates future costs of raw materials for the upcoming year to be used in establishing standard costs while working with the Purchasing Manager, Director or VP.
  • He/she requests reports on the condition of tooling to support the function of replacing existing tooling as it wears and to support the function of budgeting for replacement of existing tooling.
  • The Buyer must reconcile any discrepancies between invoice prices and purchase order prices.
  • Interfaces internally with the other members of the Product Development Team (Sales, Program Management, Quality, Materials, Accounting and Engineering).
  • Responsible for procurement from the concept stages throughout manufacturing, EOL and service.
  • Interfaces externally with raw material and component suppliers to negotiate pricing, availability and transportation to ensure continuous flow of materials for production support.
  • Communicates also with external supply base engineers for value analysis, value enhancement, and to track progress in all aspects of tooling progress timelines and expediting of them.

Requirements:

  • Minimum of a Bachelor's degree.
  • Strong background in industrial purchasing methods, theories, and legal aspects of the job.
  • Minimum of 5 years' purchasing experience.
  • Excellent communication, organizational, and interpersonal skills.
  • Demonstrated ability to promote supplier relations, cost analysis, and a proven negotiator.
  • Proficient with MRP systems, MS Word, MS Excel, and MS PowerPoint.
  • Professional certification such as CPM or CPIM desirable.


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