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Ricardo Inc
Van, MI | Full Time
$90k-112k (estimate)
1 Week Ago
Procurement Specialist
$90k-112k (estimate)
Full Time 1 Week Ago
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Ricardo Inc is Hiring a Procurement Specialist Near Van, MI

Description

Key purpose:

The successful candidate will be rewarded with the opportunity to be a key member of a team with a broad remit to support New Product Introduction and Consultancy projects within the Performance Products business unit of Ricardo. This business unit specializes in delivering niche powertrain products and supporting product industrialization planning to many premium brand customers. 

This is an exciting opportunity for someone wishing to apply their procurement/supply-chain experience and knowledge in a dynamic hands-on environment, producing world class products and working closely with a diverse client base. 

Key responsibilities:

As a Procurement Specialist your role will include responsibility for the Management of purchased parts from concept to series production for suppliers and projects you are assigned. 

  • Lead the supply chain industrialization for a new product line.
  • Manage the supply chain selection within a complex global supply base.
  • Meeting with Clients to discuss/define requirements and coordinate supply chain activities between suppliers, clients and Engineering/project teams. 
  • Develops and delivers purchasing and inventory reports, bid proposals, RFQ’s, requirements documentation, and tender documents.
  • Competitive bidding (RFQ), negotiating prices / added value and reporting cost-reduction achievements.
  • Liaising with suppliers and Engineering teams on design feasibility issues, expediting orders and agreeing concessions or return rejects.
  • Negotiation, contracting, and risk evaluation of/with US and international suppliers. 
  • Setting up and integrating robust MRP/EDI system becoming a leading SME.
  • Assess supplier capability to meet cost, quality and timing requirements.
  • Report appropriately to senior leadership.
  • Meet stringent internal and external targets on cost, delivery and quality. 

Requirements

Required: 

  • Bachelor’s or other 4-year Degree required. 
  • Ten years of experience in purchasing/procurement
  • Knowledge of material work planning and manufacturing methods necessary to meet component requirements.
  • Experience with warehouse and inventory control.
  • Strong but customer-aware negotiation skills; ability to influence.
  • Strong problem solving, analytical and listening skills.
  • Ability to excel in a fast-paced, dynamic and matrixed organization.
  • Demonstrated ability to effectively multi-task. 
  • Proficient knowledge of Microsoft Office to include Word, Excel, Access and Power Point.

Preferred:

  • Experience in a niche volume manufacturing environment.
  • Experience in powertrain and drivetrain products.
  • Knowledge of the marine industry preferable but not essential. 

 #LI-AH1 

Job Summary

JOB TYPE

Full Time

SALARY

$90k-112k (estimate)

POST DATE

04/28/2024

EXPIRATION DATE

06/27/2024

WEBSITE

ricardo.com

HEADQUARTERS

SHOREHAM-BY-SEA

SIZE

3,000 - 7,500

FOUNDED

1915

CEO

DAVID JOHN SHEMMANS

REVENUE

$200M - $500M

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The job skills required for Procurement Specialist include Purchasing, Procurement, Supply Chain, Planning, MRP, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be a Procurement Specialist. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Procurement Specialist. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Procurement Specialist positions, which can be used as a reference in future career path planning. As a Procurement Specialist, it can be promoted into senior positions as a Buyer IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement Specialist. You can explore the career advancement for a Procurement Specialist below and select your interested title to get hiring information.

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If you are interested in becoming a Procurement Specialist, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Procurement Specialist for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Procurement Specialist job description and responsibilities

A Procurement Specialist will have many duties, but they typically focus on locating suppliers, negotiating prices, and ensuring that all products and services purchased meet the organization’s specifications.

03/13/2022: Wichita, KS

Procurement specialist also receives the shipment, then records the delivery, and ensures the fulfillment of the order.

03/17/2022: Ogden, UT

Once the terms are settled, the procurement specialist prepares a contract to ensure stability and security at both ends.

02/20/2022: Milwaukee, WI

Procurement Specialists are often responsible for overseeing or executing some or all of the following tasks.

02/18/2022: Vallejo, CA

They make profitable strategies for companies and are effective negotiators with an analytical approach, they also look to save a client money while ensuring quality goods are supplied that meet the client's needs.

04/07/2022: Wichita Falls, TX

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Procurement Specialist jobs

Should be skilled enough to take a holistic approach to manage the risks.

03/05/2022: Fort Lauderdale, FL

The procurement specialist thus should have the skills to create patterns that establish and enhances the stability of a business.

03/19/2022: Tulsa, OK

Companies who hire procurement specialists want professionals with negotiation experience and communication expertise.

02/17/2022: Parkersburg, WV

Procurement specialists should have outstanding communication and negotiating skills.

04/13/2022: Richmond, VA

Ultimately, an outstanding procurement specialist should have excellent communication and negotiation skills, be an analytical thinker, and demonstrate a good working knowledge of purchasing strategies.

03/03/2022: Lansing, MI

Step 3: View the best colleges and universities for Procurement Specialist.

Butler University
Taylor University
California State University--Maritime Academy
William Jessup University
Fairfield University
United States Merchant Marine Academy
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