Procurement Engineer

Technical Specification Management

 

• Create and update detailed technical specifications for any external resources.
• Work closely with engineering teams to understand and document project needs.
• Ensure specifications are regularly updated to reflect technological advancements and project requirements.
• Analyse project milestones and requirements, ensuring vendor capabilities align with project timelines
• Identify and prepare alternative sources for long lead-time items or to achieve cost reduction goals.
• Ensure specifications are clear and comprehensive to facilitate accurate vendor quotes and deliveries.

Supplier Evaluation and Relationship Management

 

• Research and identify potential suppliers based on technical capabilities, quality, and cost-effectiveness.
• Perform regular supplier performance reviews and provide constructive feedback.
• Foster strategic supplier relationships to ensure long-term collaboration and value.

Cost Analysis and Contract Negotiation

 

• Conduct thorough cost analyses of any external resources.
• Negotiate contracts with suppliers to achieve optimal cost, quality, and delivery terms.
• Develop and implement strategies to reduce costs across the procurement process.

Quality Assurance

 

• Establish and maintain high-quality standards for procured items.
• Collaborate with the Quality Control department to ensure compliance with specifications.
• Address non-conformance issues and implement corrective actions as needed.

Supply Chain Optimization

 

• Implement lean procurement practices to minimize waste and enhance efficiency.
• Develop contingency plans to address potential supply chain disruptions.
• Identify opportunities for improvement in the procurement process.
• Lead and participate in cross-functional improvement initiatives.
• Implement new technologies or processes to enhance procurement efficiency and effectiveness.

Risk Assessment and Mitigation

 

• Identify and evaluate risks in the procurement process.
• Create and implement strategies to mitigate identified risks.
• Continuously monitor and report risk factors to senior management.

Market Research and Technology Tracking

 

• Conduct ongoing market research to stay informed about new technologies and industry trends.
• Attend industry conferences and trade shows to gather insights and establish industry connections.
• Share market intelligence with engineering and product development teams to support future projects.

Data Analysis and Reporting

 

• Utilize advanced analytics tools to analyse procurement data and identify trends.
• Generate detailed reports on key performance indicators (KPIs) for management review.
• Provide data-driven recommendations to improve procurement processes and outcomes.

Cross-functional Collaboration

 

• Collaborate closely with engineering, finance, and production departments to align procurement activities with business goals.
• Participate in project planning meetings to offer procurement expertise and insights.
• Facilitate effective communication between technical and non-technical stakeholders.