Strategic Materials Procurement Specialist
5 days ago
Job Summary: We are seeking a skilled Strategic Materials Procurement Specialist to join our Purchasing team at Sherwood Electromotion Inc. As a key member of the team, you will be responsible for procuring high-quality materials and services that meet our organizational needs.
Key Responsibilities:
- Procurement and Vendor Development:
- Procure consumables, raw materials, and non-inventory items through effective negotiation with vendors.
- Collaborate closely with Engineering and Production departments to source new components or non-standard items.
- Expedite orders daily to ensure adequate supply levels for production needs.
- Develop and strengthen relationships with existing vendors to improve lead times, quality, and service.
- Establish and negotiate supply agreements with vendors.
- Inventory Control:
- Utilize the MRP system to coordinate with inventory personnel, ensuring optimal stock levels through active review and engagement in cycle counts.
- Serve as a backup to the Inventory Store Coordinator in emergencies.
- Act as a liaison between inventory personnel and the Purchasing Manager.
- Negotiation and Analysis:
- Negotiate pricing and lead times for sourced components.
- Maintain vendor pricing information for continuous analysis.
- Assist the Sales Department by sourcing spare parts and evaluating the feasibility of offers.
- Resolve vendor-related shortages or discrepancies.
- Analyze in-house component inventory levels to minimize storage costs.
- Review and analyze quotes from both existing and potential vendors.
- Cost Management:
- Ensure quantities purchased align with low-cost objectives.
- Continuously survey the marketplace for alternative vendor quotes to maintain competitive pricing.
- Communication and Liaison:
- Communicate any delivery issues that could impact the master production schedule.
- Clearly communicate quality assurance issues to relevant stakeholders.
- Work with Accounts Payable to resolve invoice discrepancies.
Requirements:
- Education: Accredited Four-Year University Degree or Three-Year Technical Diploma.
- Experience: 3-5 years of experience in a buyer role within a similar industry.
- Skills:
- Proven negotiation skills with demonstrated success in supplier relationships.
- Excellent interpersonal and communication skills for working with internal and external stakeholders.
- Comprehensive understanding of Total Cost principles for products and services.
- Experience with ERP Manufacturing Systems and strong multi-tasking abilities.
- Mechanical aptitude and the ability to interpret component and subassembly drawings.
- Intermediate understanding of Metallurgy, Mechanical, and Electrical manufacturing principles as they relate to purchasing.
What We Offer:
- A competitive salary ranging from $80,000 to $110,000 per annum, depending on experience.
- A comprehensive benefits package.
- Opportunities for professional development within a technical and innovative environment.
- A collaborative and supportive team culture.
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