Procurement Specialist

Panthalassa; United States; On-site; USD 80,000 - 110,000; Full time

Benefits offered by this job

Equity

Paid time off

Health insurance

Dental insurance

Vision insurance

Disability insurance

401(k)

Relocation assistance

Job summary

Panthalassa in Portland, Oregon is seeking a procurement professional to join our supply chain team. You will develop sourcing strategies, lead negotiations, and execute key procurement activities to support program milestones and business objectives.

Ideal candidates will have 3+ years of procurement experience in a high-complexity manufacturing environment, with an ERP system background and a bachelor's degree in supply chain management or a related field.

Qualifications

• 3+ years of procurement experience in a high-complexity manufacturing environment.
• Bachelor’s degree in supply chain management or related field, or an equivalent combination of education and experience.
• Experience utilizing an ERP system to manage procurement workflows.

Responsibilities

• Lead the preparation, issuance, and lifecycle management of purchase orders to ensure timely delivery of goods and services.
• Support sourcing and quoting of new materials and services, coordinating with the engineering team to understand technical specifications and project timelines.
• Perform rigorous Price and/or Cost Analysis to ensure competitive pricing.
• Identify and resolve material shortages, pricing discrepancies, and supply chain issues.
• Manage full supplier lifecycle activities from onboarding to performance monitoring and ensure milestones and quality standards are met.

Skills

Procurement experience

Supply chain understanding

Procurement processes

Education

Bachelor's Degree in Supply Chain Management or related field

Tools

ERP system

Job description

Job Description

About the Company

We are a renewable energy and ocean technology company committed to rapidly developing and deploying technologies that will ensure a sustainable future for Earth by unlocking the vast energy potential of its oceans. Our focus is on capturing civilizational levels of ultra-low-cost renewable energy for applications including computing and affordable renewable fuels delivered to shore.

The company is a public benefit corporation headquartered in Portland, Oregon and backed by leading venture capitalists, philanthropic investors, university endowments, and private investment offices. We operate as an idea meritocracy in which the best ideas change the company's direction on a regular basis.

About the Job

Panthalassa is seeking a procurement professional to join our supply chain team. You will be responsible for developing sourcing strategies, leading negotiations, and executing key procurement activities. In this role, you will build and manage supplier relationships to ensure performance aligns with our program milestones and business objectives.

Key Responsibilities:

• Lead the preparation, issuance, and lifecycle management of purchase orders to ensure timely delivery of goods and services.
• Support sourcing, and quoting of new materials and services, coordinating with the engineering team to understand technical specifications and project timelines.
• Perform rigorous Price and/or Cost Analysis to ensure competitive pricing
• Identify and resolve material shortages, pricing discrepancies, and supply chain issues.
• Manage full supplier lifecycle activities from initial vendor onboarding and compliance setup to active performance monitoring, ensuring all deliverables meet critical program milestones and quality standards.

Required Qualifications:

• 3+ years of procurement experience in a high-complexity manufacturing environment
• In-depth understanding of procurement processes and supply chain management.
• Bachelor's Degree in Supply Chain Management or a related field, or an equivalent combination of education and relevant professional experience.
• Experience utilizing an ERP system to manage procurement workflows

Desired Qualifications:

• Experience managing Engineering Change Orders (ECO) within a faced paced, high-mix R&D or production environment
• Experience with Lean Manufacturing or Six Sigma principles in a supply chain context.
• Experience collaborating with cross-functional Engineering departments to define specifications for procurement, evaluating supplier capabilities, and sourcing specialized components..

Compensation and Benefits:

If hired for this full-time role, you will receive:

• Cash compensation of $80,000 - $110,000
• Equity in the company. We're all owners and if we're successful, this equity should be far and away the most valuable component of your compensation.
• A benefits package that helps you take care of yourself and your family, including:
  • Flexible paid time off
  • Health insurance (the company pays 100% of gold level PPO plan for full time employees, their partners, and dependents)
  • Dental insurance (the company pays 100% for full time employees and 100% for their partners and dependents)
  • Vision insurance (the company pays 100% for full time employees, their partners, and dependents)
  • Disability insurance (the company pays 100% for a policy to provide long term financial support if you become disabled)
  • Ability to contribute to tax-advantaged accounts, including 401(k), health FSA, and dependent care FSA
• Relocation assistance to facilitate your move to Portland (if needed).

Location:

This is an on-site position. Our offices, lab, and shop are located in Portland, Oregon.