Procurement Coordinator

Title: Procurement Coordinator

Duration: 4 months (Possible Extension and Possible Temp to Perm)

Location: Durham NC 27703

The Strategic Procurement Coordinator is a key member of the Procurement/Purchasing team with two primary focuses: strategic sourcing and buying/planning. Strong attention to detail, adaptability, communication, and a willingness to work in a collaborative team environment are skills that will support a high level of success in this position.

Responsibilities:

Strategic Analysis and Sourcing

· Understand and interpret engineering ideas and design concepts to advise the feasibility of manufacturing, while influencing to meet business objectives.

· Consistent monitoring of global market conditions that could impact our operations.

· Research new and existing sources of supply for designs and obtain prototypes as needed.

· Competitively bid the parts/design through Parata procurement's formal RFQ process and perform total cost of ownership analysis.

· Guide cross-functional team to review the total cost analysis and determine primary and contingent sources of supply.

· 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.

Supply Chain Management

· 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.

Buying / Planning

· 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.

experience and educational 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 which yield measurable reductions in spend

· Experience in tracking global raw material price movements and altering/creating sourcing strategy based on the changes

· Experience in the procurement and processing of plastics and metals preferred

· Excellent communication skills; ability to work across a variety of departments

· Organized and motivated team player

· Problem solving skills

· Strong computer skills including use of MS Office programs

· Experience using supply chain management software and tools, Great Plains preferred