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Commodity Procurement Specialist
2 months ago
We are seeking a highly motivated and experienced Commodity Procurement Specialist to join our Aerospace manufacturing facility team at GPSI. As a key member of our supply chain team, you will be responsible for managing the procurement and supply chain of various raw materials and components, ensuring the availability of necessary materials for production, negotiating contracts and prices with suppliers, and managing inventory levels.
Key Responsibilities- Develop and Implement Commodity Strategies: Develop and implement commodity strategies that align with business objectives, ensuring cost-effective and timely procurement of materials.
- Market Trend Analysis: Monitor and analyze market trends to identify potential risks and opportunities, and develop plans to mitigate risks and take advantage of opportunities.
- Supplier Relationship Management: Establish and maintain strong relationships with suppliers, negotiating contracts and prices, and managing supplier performance to ensure the highest quality products are delivered on time.
- Collaboration and Communication: Collaborate with cross-functional teams to ensure smooth and efficient operations, including working closely with manufacturing, quality control, and logistics teams.
- Inventory Management: Develop and maintain an accurate inventory of all raw materials and components, ensuring proper levels are maintained to meet production demands.
- Supplier Performance Evaluation: Monitor supplier performance metrics, evaluate supplier capabilities, and initiate corrective actions as needed to ensure continuous improvement.
- Market Knowledge and Trends: Develop and maintain strong knowledge of the commodity market and industry trends to inform procurement decisions and commodity strategies.
- Bachelor's Degree: Bachelor's degree in Business, Supply Chain Management, or a related field.
- Experience: At least 8 years of experience in procurement, supply chain management, or a related field, preferably in a manufacturing environment.
- Aerospace Manufacturing Knowledge: Aerospace manufacturing knowledge is an asset.
- Negotiation and Communication Skills: Strong negotiation skills and experience managing supplier relationships.
- Analytical and Problem-Solving Skills: Strong analytical skills with the ability to analyze market trends, evaluate supplier capabilities, and identify risks and opportunities.
- Interpersonal and Communication Skills: Excellent communication and interpersonal skills with the ability to collaborate effectively with cross-functional teams.
- Commodity Market Knowledge: Knowledge of commodity markets and industry trends.
- Technical Skills: Proficient in Microsoft Office applications, including Excel, Word, and PowerPoint. Experience with ERP systems, preferably SAP or Oracle.