What are the responsibilities and job description for the Sourcing Engineer position at Compal?
Job Summary
The Sourcing Engineer will act as the technical bridge between our engineering team and our supplier base, overseeing sourcing activities for new product development and ensuring cost-effective, high-quality components. Key responsibilities include evaluating supplier technical capabilities, conducting cost analysis, and negotiating, as explained in the Sourcing Specialist Job Description.
Key Responsibilities
• Supplier Selection: Research and identify potential suppliers, conducting technical evaluations, sampling, trials, and audits.
• Technical Liaising: Collaborate with SQE’s, Engineering, Sourcing teams to define technical requirements and ensure supplier compliance with specifications.
• Cost Management: Identify cost-reduction opportunities and develop Value Engineering with suppliers.
• Contract Negotiation: Negotiate favorable terms, pricing, and contracts with suppliers, implement sourcing agreements.
• Project Management: Manage sourcing activities relating to product development and ensure timely delivery of parts.
• Risk Reduction: Proactively identify potential supply chain risks and implement mitigation strategies.
Required Qualifications
• Bachelor’s degree in Engineering or Supply Chain Management.
• 5 years of experience in sourcing, procurement, or engineering, preferably in manufacturing.
• Strong understanding of cost drivers and manufacturing processes.
• Proficiency in ERP systems and analytical tools.
• Excellent negotiation and vendor management skills.
Preferred Skills
• Familiarity with electronics manufacturing-SMT industry commodities.
• Understanding of technical drawings.
• Knowledge of ISO 9001 audit standards, UL and FM requirements.
• Experience with SAP.
• Certified in APICS: CPIM/CSCP.