What are the responsibilities and job description for the Procurement Coordinator position at Indotronix Avani Group?
Description:
The Strategic Procurement Coordinator is a key member of the Procurement/Purchasing team with two primary focuses: strategic sourcing and buying/planning.
Responsibilities:
- Consistent monitoring of global market conditions that could impact our operations.
- Competitively bid the parts/design through Parata procurement's formal RFQ process and perform total cost of ownership analysis.
- Negotiate to achieve the best total cost to benefit to Parata.
- Negotiate and execute comprehensive goal-oriented contracts covering all aspects of commercial terms & conditions, ensuring legal and ethical requirements are met while still meeting Corporate or Division objectives.
- Track cost reduction activity for the procurement team.
- Manage supplier relationships and be the primary point of contact.
- Identify and minimize supply problems in advance of operational impact.
- Utilize supplier report card data to reduce risk and ensure a strong and self-sufficient supply base.
- Ensure on-time delivery of open orders and expedite as needed.
- Determine material requirements from engineering and production schedules and maintain inventory at planned levels.
- Proactively identify upcoming end-of-life (EOL) issues with supplier-sourced materials, and coordinate with Quality, Engineering, Planning, and Inventory teams to mitigate risk and financial impact to Parata.
- Coordinate with Finance & Inventory teams to manage and resolve invoice discrepancies.
- Analyze and implement ECOs and MCOs per Parata policies.
- Manage indirect (non-production) spend in accordance with the above-listed criteria.
Requirements:
- Bachelor’s Degree in Business, Engineering or other related field
- Minimum of 5 years of experience in a strategic sourcing/procurement role within a production environment
- Experience leading cross-functional teams in the organization on procurement projects
- Analytical skills to include cost/price modeling, make vs. buy analysis, value analysis, TCO, and ROI/cost benefit analysis, demonstrated ability to develop/implement commodity/services sourcing strategies that yield measurable reductions in spend
- Experience in tracking global raw material price movements and altering/creating sourcing strategies based on the changes
- Experience in the procurement and processing of plastics and metals is preferred
- Experience using supply chain management software and tools, Great Plains preferred
Salary : $44