Procurement Specialist

Compass Tech International; Columbus (OH); On-site; USD 60,000 - 90,000; Full time

Job summary

Compass Tech International seeks a procurement professional (entry to senior level) to oversee sourcing activities for complex engineering components. This role partners with engineering, design, manufacturing and suppliers to drive supplier strategy, cost management and new product development.

Responsibilities include developing sourcing plans, selecting suppliers for programs, leading negotiations, monitoring pricing, building long-term relationships, coordinating purchasing across projects,

Qualifications

• Bachelor’s degree or equivalent experience in a related field.
• Strong analytical, negotiation, communication and problem-solving abilities.
• Experience with supplier relationships and commercial negotiations.
• Ability to interpret technical drawings, specifications and cost data.
• Strong project management skills and multitasking across priorities.

Responsibilities

• Develop sourcing plans and supplier approaches based on requirements, market conditions, supplier capabilities, and total cost.
• Evaluate and select suppliers for programs while balancing cost, quality, timing and capacity.
• Lead commercial discussions covering pricing, tooling, investments and cost improvements.
• Establish cost objectives and monitor supplier pricing throughout the lifecycle.
• Build long-term relationships with strategic suppliers and address performance issues.
• Coordinate purchasing across multiple development projects and meet milestones.
• Identify opportunities to improve cost, processes and supplier performance.
• Maintain accurate sourcing and pricing data within purchasing systems.
• Partner with cross-functional teams to support launches and production needs.
• Mentor less-experienced team members on procurement initiatives.

Skills

Analytical thinking

Negotiation

Communication

Problem-solving

Project management

Cost management

Education

Bachelor’s degree in Business, Supply Chain, Engineering, or related field

Job description

We are seeking a Procurement professional (entry to senior level) to oversee sourcing activities for complex engineering components. This position will play a key role in supplier strategy, commercial negotiations, cost management, and new product development while working closely with engineering, design, manufacturing, and external suppliers

Key Responsibilities

• Develop sourcing plans and supplier approaches based on business requirements, market conditions, supplier capabilities, and total cost
• Evaluate and select suppliers for new product and vehicle programs while balancing cost, quality, timing, technical capability, and capacity
• Lead commercial discussions and negotiations covering component pricing, tooling, investments, and ongoing cost improvement
• Establish cost objectives and monitor supplier pricing throughout the product lifecycle
• Build productive long-term relationships with strategic suppliers and address commercial or performance issues as needed
• Coordinate purchasing activities across multiple product development projects and ensure key milestones are met
• Identify and implement opportunities to improve cost, processes, supplier performance, and overall purchasing efficiency
• Maintain accurate sourcing, pricing, and component information within purchasing systems
• Partner with cross-functional teams to resolve issues and support product launches and production requirements
• Participate in strategic procurement initiatives and provide guidance to less-experienced team member

Qualifications

• Bachelor’s degree in Business, Supply Chain, Engineering, or a related field, or equivalent experience
• 0-5 years of relevant experience in procurement, purchasing, supply chain, engineering, quality, sales, or a related function
• Strong analytical, negotiation, communication, and problem-solving abilities
• Experience managing supplier relationships and commercial negotiations
• Ability to interpret technical drawings, specifications, and cost information
• Strong project management skills with the ability to manage multiple priorities
• Automotive, manufacturing or supplier experience is a plus