Procurement Specialist
Company: Loram
Location: Hamel
Posted on: January 27, 2023
Job Description:
Job Title: Procurement Specialist
FLSA Status: Exempt
Department: Supply Chain Services
Reports to: Procurement Leader
Flex Work Eligible! This position qualifies for the Flexible Work
Policy. Employees receive 50 work days annually to work remote! The
initial amount of days is prorated for the first year based on
start date.
GENERAL DESCRIPTION / PURPOSE:
The Procurement Specialist is responsible for commodities in
manufacturing to drive quality, delivery, cost, efficiency and
sustainability of material. Perform activities to accomplish cost,
schedule and quality in procurement of commodities. Support and
lead procurement efforts, contractual terms, optimize cost and
delivery to ensure material to support technical, production and
service. Ensuring procurement actives are deployed with
stakeholders, internal customers and suppliers, they impact on-time
delivery, equipment uptime performance, contribute to cost control
activities and customer satisfaction. Manage multiple supplier
relationships
ESSENTIAL JOB FUNCTIONS:
Operational Excellence
- Work with engineering, marketing, sales and suppliers to drive
strategies that influence technical design decisions and
capabilities. Support cross functional project team and maintain
relationships to manage procurement activities and deadlines
- Manages supplier relationships for improvements to materials
and services, price and marketing changes, processes and other
supplier changes that can affect the delivery of product
- Drive supplier performance, contract effectiveness,
collaboration and integration and deliver improved results with
suppliers. Responsible for supplier performance based on key
performance metrics for quality, delivery and cost
- Conduct follow up purchase price variance activities,
budgeting, forecast and actual and annual price negotiations as
well as other initiatives for commodities
Supplier Relationships and Management
- Conduct detailed demand, spend, cost and market analysis and a
structured approach to tendering and negotiating with suppliers on
the assigned commodity strategy
- Actively drive and implement for performance improvement and
cost reduction opportunities by understanding customer needs,
supply market trends and innovation
- Require compliance from suppliers to contracts and purchase
order terms and conditions, involving all the performance
parameters for which they are contractually responsible
- Implements and maintains supply base management techniques and
consolidated solution procurement
Procurement Process
- Utilize effective procurement processes to evaluate and
negotiate with qualified suppliers for required materials
- Manage the procurement process on small to mid-sized projects
within the direct material and contract manufacturing categories
while working through engineering change orders and non-conformance
reporting with suppliers
- Issue and support the RFI process to obtain best
cost/quality/speed of purchased parts, while working to maintain
ERP system data integrity
- Review and update instructions and recommendations regarding
purchasing processes and procedures. Implement changes to ISO work
instructions
BEHAVIORAL COMPETENCIES:
- Action Orientated
- High Impact Communication
- Interpersonal Savvy
- Negotiation
- Passion for Results
- Problem solving
REQUIRED QUALIFICATIONS:
Education: Bachelor's Degree in business, supply chain,
engineering, finance, or related field
Experience:
- 3+ years Procurement, Sourcing, Supply Chain, or related
experience
- Proven project management experience in managing and/or
facilitating a team
- Strong background working cross functionally with
manufacturing, engineering, marketing, and other business
functions
Knowledge, Skills and Abilities:
- Expertise in all Microsoft applications, general ERP systems
(IFS knowledge a plus)
- Excellent oral and written communication skills with
demonstrated ability to work and influence others from different
functional areas at all levels in and outside the organization
- Must be a self-starter with the ability to proactively
multitask, and is highly motivated with strong organizational
skills
Or 7+ years combination of education and experience in Procurement,
Sourcing, Supply Chain or Purchasing
PREFERRED QUALIFICATIONS:
- Experience within a manufacturing environment
- Procurement certification (CPM/CPSM/APICS) MBA a plus
- Strong knowledge of process improvement tools and techniques
(lean, 6 Sigma)
- Skilled in developing meaningful presentations and presenting
to a larger audience to all levels of the organization
- Capability of working with design documentation/engineering
drawings
WORKING CONDITIONS:
The physical demands described here are representative of those
that must be met by an employee to successfully perform the
essential functions of the role. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
essential functions.
- Office deskwork, requiring sitting, walking, using phone &
computer
- Fast-paced environment with changing priorities
- May include up to 15% travel domestically
- Can tolerate variable and sometimes challenging conditions
during visits or inspections of company equipment in a railroad
environment
Loram is proud to be an Equal Opportunity Employer of Minorities,
Females, Protected Veterans, and Individuals with Disabilities
.
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Keywords: Loram, Minneapolis , Procurement Specialist, Other , Hamel, Minnesota
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