Procurement Specialist
π Role Overview & Responsibilities
Position can be remotely based within the US with easy access to a major airport.
Position Summary
Responsible for procurement, including managing sourcing with multiple commodities on a strategic and tactical level.
Essential Functions
For technically sophisticated commodities (e.g.: Metals, Motors, & Injection Moulded Plastics), drive the commodity strategy and perform price & terms negotiations.Analyze and identify supplier trends to determine corrective action plans, which may result in looking for a new vendor. Monitor purchase price variances and resolve any issues with the vendor.Analyze and monitor supplier risk (financial, quality, technology, dependency and logistics).Negotiate Long-term agreements & payment terms with preferred suppliers in accordance with the defined commodity strategyValidate suppliers bid list and sourcing strategy for each component of a defined projectLead Request for Proposal (RFP) process with all stakeholders and lead RFQ Process with candidate suppliers. Compare the offers commercially and consider other mentioned factors.Perform supplier visits, join quality audits.Act like a bridge between technical IR departments and selected suppliers during prototyping and sample release process.Validate the supplier selection process for a defined component or projectIdentify value engineering and PPV opportunities for sourced partsDrive continuous improvement within the supplier base in terms of cost, quality, delivery, service, flexibility and working capitalMonitor key suppliers performance (financial, quality, cost, delivery and services). Perform supplier evaluations twice a year.Work with the ERP System for relevant procurement data, includes reading & analyzing as well as creating new entries (for contracts, supplier relevant data, sample orders).Building and maintaining professional/good relationships with suppliers.
Qualifications & Experience Required
Strategic commodity management of 3+ years and/or sourcing experience for production materials.Bachelor's and/or MasterΒ΄s degree in engineering, supply chain management, business, or a similar field.Analytical competence is required for market price analysis and for the factors which impact commodity prices.Good negotiation skills and assertiveness.Technical background in metals/motors/injection plastics is a plus.Project Management Experience is a plus.Excellent verbal and written communication skills, including intern and extern parties.Experience with ERP Systems is a plus.Ability to travel domesticallyThis position can be a remote position near a major airport
At Ingersoll Rand we foster inspired teams. As a powerful and progressive global industrial company, we are looking for talented candidates with a bias for action and an entrepreneurial spirit to join our team. Our employees are empowered to act as owners every day for our customers, our communities and themselves. We offer a broad range of opportunities to build a successful and rewarding career with an innovative company. Join us at the new and exciting Ingersoll Rand.
Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers, and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.
Ingersoll Rand is committed to achieving workforce diversity reflective of our communities. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.
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This position is located in Monroe, LA with potential relocation and sponsorship assistance depending on candidate qualifications.
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