Procurement Engineer

1 week ago

Qatif, Saudi Arabia ITT, Inc. Full time

Position Summary:
Manage and procure inventory levels required to meet shipment and operations objectives through manufacturing or purchasing procurement. Interface with Suppliers and Manufacturing personnel as required to meet/exceed Customer Service requirements. Support Marketing lead time requirements for all IP Models. Manage a pre‐determined value of Inventory. Manage service and production parts.

Essential Responsibilities:

- Review daily order reports to identify product requirements:

- Supplier open order report
- Supplier salvage report
- Supplier OTP report
- Supplier portfolio management
- Realize savings report
- Contracting & negotiating with assigned suppliers
- Create purchase orders
- Modify existing purchase orders
- Other activities as part of sourcing system for a wide range of mechanical parts
- Development of strategic sourcing concept
- Expedite deliveries
- Work with suppliers to balance capacity and requirements to satisfy OTP and inventory levels
- Review, evaluate and make disposition of excess and obsolete inventory
- Execute ECN materials actions
- Manage and reconcile inventory discrepancies due to lost parts and supplier non-conformance issues
- Manage supplier/manufacturing stocking programs
- Backup co-workers as required due to vacation, illness etc.
- Identify safety stock revisions
- Assist supply chain with supplier relations by reviewing on a monthly basis
- Work with engineering, contracts and planner to develop safety stock levels to support project demand
- Communicate any delays caused by abnormal demand, salvage, scrap or late parts
- Prepare Regional expense report, Realized savings report, supplier performance report and supplier capacity evaluation report monthly
- Work with suppliers and manufacturing to establish priorities when bottlenecks exist. Requires making decisions on partial shipments, splitting machining lots and other possibilities to maximize customer service
- Secure and analyze quotations; negotiate price and terms with suppliers and recommend based on cost, quality and delivery.
- Coordinate as appropriate quality matters and engineering changes/developments between manufacturing operations and suppliers
- Initiate and facilitate problem-solving skills, implement solutions and track results.
- Identify, suggest and implement process improvements by taking own initiative and generate lean projects in purchasing department
- Establish, retain and maintain data integrity with the current running ERP system
- Cost reduction initiatives
- Resolve complex delivery, quality or other related problems with purchases
- Serve technical focal for special or high level audits & assessments of supplier’s systems, processes & products.

Position Requirements:
**EDUCATION**:
Bachelor of Engineering with minimum of 5 years of experience in relevant filed

**OTHER SKILLS/KNOWLEDGE/EXPERIENCE**:

- Managerial experience preferred
- Excellent verbal and written communication skills
- PC Literate
- Knowledge of Goulds Pumps Products preferred
- Previous experience in dealing with foundries & casted parts
- Prior experience in dealing with Fabrication & machined parts
- ERP & SAP software fluencies
- Query processing ERP/Excel
- Presentation skills & ability to manage multiple priorities

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