Strategic Procurement Analyst - Engineering Components

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

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,