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