Procurement Specialist
7 days ago
The Procurement Specialist is responsible for acquiring commodities or assignments that require the application of basic purchasing principles, theories, and concepts. This role ensures timely acquisitions of products or services from known sources of supply. Additionally, the Procurement Specialist may resolve issues in the areas of requisition accuracy and completeness, on-time delivery, or supplier payment functioning in a closely supervised environment.
Key Responsibilities- Supplier Identification and Recommendation: Identify and recommend suppliers by investigating potential suppliers, researching parts, equipment, machinery, services, and materials availability.
- Supplier Evaluation: Conduct supplier site visits and evaluate them as to production capability, performance, delivery, and other key business criteria. May complete supplier certification as part of a technical and/or quality team.
- Purchase Order Management: Purchase parts, equipment, and materials by preparing request for quotations and submitting purchase orders with approved suppliers. Issues purchase orders and agreements that accurately reflect price, schedule, terms, and conditions as negotiated with suppliers. Maintains accurate lead times for assigned commodities.
- Bid Evaluation and Supplier Selection: Evaluates bids for standard and non-standard items. Selects suppliers for lower cost items or items of limited scope and complexity and negotiates price, delivery, quality, and service. Develops alternate sources of supply by identifying and researching prospective suppliers.
- Supplier Performance Monitoring: Monitors and evaluates supplier performance. Advises appropriate personnel of impending supplier failure to fulfill contractual agreements that may delay production or delivery.
- Dispute Resolution: Resolves shipment quality discrepancies by mediating supplier/manufacturing issues. Facilitates the resolution of issues by arranging and participating in conferences between suppliers and company personnel.
- Claims and Returns Management: Negotiates and settles damage claims, rejections, losses, return of materials, over-shipments, cancellations, and engineering changes with suppliers. Provides parts, equipment, and materials information by answering questions and requests.
- Reporting and Analysis: Prepares reports by collecting, analyzing, and summarizing information and trends. Participates in continuous improvement activities and provides suggestions for cost reduction and improved efficiency.
- Regulatory Compliance: Complies with federal, state, and aerospace industry regulations; ensures adherence to requirements and advises management on needed actions. Complies with Government/Commercial Practices Manual (GPM/CPM) policies and procedures.
- Education: Bachelors degree (4 year college degree) in Supply Chain management or relevant discipline.
- Experience: Experience and/or exposure to supply chain concepts and methodologies, and manufacturing through internships or training programs.
- Skills: Possess analytical and technical skills required to understand business practices and recommend proper automation opportunities. Must have intermediate computer skills and be able to understand electronic processing.
- Communication: Excellent written, verbal, and interpersonal communication skills for effective interface with all internal and external contacts.
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