Procurement Engineer

Power International Holding • IQ • 1w ago

Job Summary

The Procurement Engineer is responsible to oversee the purchase of technical equipment for industrial operations. They collaborate with designers to determine the equipment needed to complete manufacturing or construction projects according to specifications, research vendors for that equipment, then order it.

Job Responsibilities 1

Contribute in developing procurement management strategies and practices to effectively reap maximum value from Procurement.

Ensure understanding of strategic business relationships to achieve business plan and strategy.

Provide market insights to stakeholders and business units.

Collaborate with the team in formulating the strategic plan that capture total procurement value to sustain a competitive edge.

Contribute to the creation and implementation of best practice procurement vision, strategy, policies, processes and procedures to aid and improve operational performance.

Engage and collaborate with both key internal and external stakeholders to develop strong relationships that will lead to improve service while reducing supply cost and ensure optimal performance.

Support the senior functional leaders to establish both short and long-term business objectives.

Ensure utilizing expert industry knowledge and advanced business models to develop strategies and structure for business relationships.

Ensure clear understanding of measurable goals that challenge Procurement to continuously improve and use financial and quantitative data to manage performance.

Assist in the implementation of best practice purchasing policies, processes and procedures to aid and improve business performance and deliver best value and business savings and financial targets.

Maintain and update information of suppliers, materials and services that meet business requirements.

Upgrade Procurement talent in respective team by the attraction, development and retention of great resources.

Provide regular feedback through coaching and mentoring the team to build professional expertise and motivated team responsible for interfacing with internal stakeholders and external third parties.

Adhere in the department long-term cost reduction and value improvement plans for specific spend areas.

Job Responsibilities 2

Ensure utilizing all economies scale and best practices to win local battles.

Communicate the supply strategy and its implications, to inform and align the respective stakeholders.

Interact on an executive/managerial level within and outside the business to ensure cross alignment in the spirit of long term partnership.

Contribute in leading the delivery of the savings and operating cash flow programme in his/her Categories, Cluster and/or Business Unit.

Make timely decisions, balancing analysis with decisiveness.

Develop and make use of competitive insights to shape strategies that counter competitive threats.

Effectively engage in maintaining all external networks, and continuously builds alliances that will enhance Business’ competitive advantage.

Removes organizational barriers to delivering exceptional internal and/or external customer service.

Practices role model behaviour aligned with the operating framework.

Responsible to manage and optimize the financial and budgetary requirements as required.

Identifies metrics, tools and processes to optimize sourcing, supplier activities and efficiencies.

Evaluates the challenges faced by the business and take action to mitigate risks and develop opportunities.

Drives continuous improvement, work simplification and the elimination of non-value-added work.

Drives operational excellence in strategic sourcing.

Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies

Additional Responsibilities 3

Job Knowledge & Skills

Proficiency in engineering principles and technical specifications to understand project requirements and effectively communicate with suppliers.

Strong analytical skills to evaluate supplier proposals, assess technical compliance, and identify cost-effective solutions.

Knowledge of procurement processes and regulations to ensure compliance with organizational policies and industry standards.

Excellent negotiation abilities to secure favorable terms, pricing, and delivery schedules with suppliers while maintaining quality standards.

Effective communication and interpersonal skills to collaborate with cross-functional teams, vendors, and stakeholders to meet project objectives and deadlines.

ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.