Job Summary:
This role is responsible for developing and executing sourcing strategies, managing supplier relationships, and ensuring the timely and cost-effective procurement of goods and services. The ideal candidate will
have a strong understanding of market trends, negotiation tactics, and supply chain dynamics and a proven track record of achieving cost reductions. We’re looking for an experienced and driven individual who works cross-functionally, moves fast, and isn’t afraid to suggest process improvements or new ideas along the way.
Key Responsibilities:
- Develop and implement strategic sourcing plans aligned with company goals.
- Identify, evaluate, and select suppliers based on quality, cost, delivery, and reliability.
- Optimize inventory levels to minimize working capital while maintaining service levels.
- Negotiate contracts, pricing, and terms with suppliers to achieve optimal value.
- Monitor supplier performance and develop strong relationships to ensure compliance, continuous improvement, and lead time reductions.
- Collaborate with internal stakeholders (e.g., production, R&D, finance) to understand procurement needs and align sourcing strategies.
- Analyze market trends and risks to anticipate supply chain disruptions and opportunities.
- Maintain accurate procurement records and reports for audit and analysis purposes.
- Drive cost-saving initiatives and process improvements across the procurement function
- Coordinate with Engineering and Quality teams to resolve production issues and optimize workflow. Support new product introductions and process validations.
Qualifications:
· Experience: 2+ years of experience in strategic purchasing, procurement, or supply chain management. Experience with electrical products – wires, components, control panels, pcbs, etc. - is preferred.
- Track record of achieving measurable cost reductions.
- Skills:
- Strong negotiation, communication, and analytical skills.
- Proficiency in procurement software, ERP systems and Microsoft Office Suite.
- Ability to work independently and collaboratively in a fast-paced environment.
- Attention to detail and strong organizational skills.
- Strong initiative and a proactive mindset. Strong project management and organizational skills.
Benefits:
- Competitive salary and benefits package.
- Opportunities for professional development and career growth.
- Collaborative and supportive work environment.