Procurement Specialist

Job Description

Job Description

About the Role:

The Procurement Specialist plays a crucial role in the Automotive Manufacturing industry by ensuring that all materials and supplies are sourced efficiently and cost-effectively. This position is responsible for developing and maintaining relationships with suppliers, negotiating contracts, and managing the procurement process from start to finish. The ultimate goal is to ensure that production schedules are met without compromising quality or exceeding budget constraints. The Procurement Specialist will analyze market trends and supplier performance to make informed purchasing decisions. By optimizing the supply chain, this role directly contributes to the overall success and profitability of the organization.

Minimum Qualifications:

• Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
• Experience in procurement or supply chain management within the manufacturing sector is a plus.
• Strong negotiation skills and experience in contract management.

Preferred Qualifications:

• Certification in Supply Chain Management (e.g., APICS, ISM) is a plus.
• Experience with ERP systems and procurement software.
• Knowledge of durable goods manufacturing processes and materials.

Responsibilities:

• Identify and evaluate potential suppliers to ensure the best quality and pricing for materials.
• Negotiate contracts and terms with suppliers to secure favorable agreements.
• Monitor inventory levels and forecast future procurement needs to prevent shortages.
• Collaborate with internal teams, including production and finance, to align procurement strategies with business objectives.
• Conduct regular assessments of supplier performance and implement improvements as necessary.

Skills:

The required skills for this role include strong analytical abilities, which are essential for evaluating supplier performance and market trends. Negotiation skills are utilized daily to secure the best contracts and pricing, directly impacting the company's bottom line. Effective communication skills are necessary for collaborating with suppliers and internal teams, ensuring that everyone is aligned on procurement strategies. Attention to detail is critical when managing contracts and inventory levels to avoid costly errors. Preferred skills, such as familiarity with ERP systems, enhance the efficiency of procurement processes and contribute to better data management.