Purchase Engineer

Procurement Engineer Job Requirements A procurement engineer typically needs a bachelor’s degree in engineering, business, or a related field. Hands-on experience in procurement or a related area like supply chain management is often necessary. Familiarity with manufacturing materials and components and knowledge of industry regulations is crucial for success in this role. Procurement Engineer Roles and ResponsibilitiesVendor Evaluation: Conduct assessments to identify and qualify vendors based on quality, cost, and reliability. Request for Proposal (RFP) Creation: Draft and distribute RFPs to potential vendors, outlining the specifications and requirements for products or services needed. Cost Analysis: Perform detailed cost analyses to identify optimal procurement options aligned with budget constraints and quality standards. Negotiation: Lead negotiations with suppliers to secure advantageous contract terms and conditions. Compliance Monitoring: Keep procurement activities compliant with internal policies and external regulations. Quality Assurance: Collaborate with the quality control team to ensure the purchased materials meet all necessary quality metrics. Order Management: Oversee the entire ordering process, from initial requisition to final delivery, ensuring timeliness and accuracy. Supplier Relationship Management: Maintain and nurture relationships with suppliers for long-term partnership and potential cost savings. Technical Liaison: Serve as the point of contact between engineering departments and suppliers to clarify technical specifications or resolve issues. Contract Management: Administer supplier contracts and agreements, ensuring they meet both short-term needs and long-term strategic goals. ExperienceA minimum of 3-5 years in procurement or a closely related field Prior experience with vendor management Demonstrated ability in contract negotiation Previous involvement in cost-reduction initiatives Hard SkillsProficiency in procurement software (e.g.,ERP) Strong data analysis skills Expertise in MS Office, especially Excel, for financial modeling Understanding of technical blueprints and schematics Knowledge of quality control standards Soft SkillsExcellent communication skills Strong negotiation capabilities Great attention to detail Ability to work under pressure and meet deadlines Teamwork and collaboration skills