✨ AI Summary
The Procurement Engineer will oversee the procurement of technical goods and services to meet company needs. Responsibilities include monitoring stock levels, identifying purchasing needs, evaluating supplier offers, negotiating prices and payment terms, preparing cost analysis sheets, and generating internal status reports. The role also involves researching new suppliers, attending meetings with them, conducting market research to identify pricing trends, and supporting product development by sourcing new technologies. The engineer will challenge existing suppliers for more cost-effective solutions and assist in evaluating recommendations.
Requirements
BS.c in Engineering (Mechanical/Industrial) with 3-5 years of experience as a Procurement Engineer. Must have a good understanding of supply chain procedures, advanced knowledge of MS Excel, knowledge of market research, and be an ERP user. Ability to execute tasks independently is required.
Description
Responsibilitiesoversees the procurement or purchasing of technical goods and services in order to provide effective and efficient services to meet the needs of the company.Monitor stock levels and identify purchasing need.Evaluate offers from suppliers and negotiate better prices & payments terms.Prepare cost analysis sheet.Prepare internal status reports on a daily, weekly, and monthly basis.Research for new suppliers.Attending meetings with new suppliers to know more about their products and the previous work.Research potential vendorsTrack orders and ensure timely deliveryUpdate internal databases with order details (dates, vendors, quantities, discounts)Conduct market research to identify pricing trendsEvaluate offers from vendors and negotiate better pricesPrepare cost analysesSupport product development and improvement teams by sourcing new technologies from qualified suppliers while leading the qualification process.Challenge existing suppliers to recommend more cost effective and/or more reliable products that will improve our competitive position. Assist in the evaluation and coordination of these recommendations.QualificationsBS.c in Engineering ,Mechanical / industrial 3-5 years of experience as Procurement Engineer.Good understanding of supply chain proceduresAdvanced knowledge of MS ExcelKnowledge of market researchAbility to execute tasks independentlyERP user