Purchase Engineer

Job Code: 270/001/697
Industry: Manufacturing

Job Purpose:
To manage end to end, purchase related activities by ensuring internal and external customer satisfaction.

Job Responsibilities:

• Develop and implement strategic sourcing strategies to identify, evaluate, and select suppliers based on quality, price, reliability, and other performance criteria.
• Conduct market research and supplier assessments to identify potential sources of supply and foster long-term partnerships with key vendors.
• Negotiate contracts, terms, and pricing agreements with suppliers to achieve cost savings, improve quality, and mitigate supply chain risks.
• Monitor supplier performance and adherence to contractual obligations, and implement corrective actions as needed to maintain supplier relationships.
• Collaborate with engineering and technical teams to evaluate technical specifications, requirements, and standards for materials, equipment, and components.
• Ensure that purchased items meet technical specifications and performance requirements, and provide technical support to resolve any issues or discrepancies.
• Conduct cost analysis and price benchmarking to identify cost-saving opportunities and negotiate favorable pricing terms with suppliers.
• Develop and implement cost reduction initiatives, value engineering strategies, and alternative sourcing options to optimize procurement costs.
• Resolve any issues or disputes that may arise with suppliers in a professional manner. Continuously seek opportunities for cost savings through strategic sourcing initiatives. Stay updated with industry trends and best practices in procurement management.
• Supplier selection, negotiation, and contract management, ensuring compliance with quality standards and regulatory requirements.