Procurement Coordinator

Position : Strategic Procurement Coordinator

Location : Durham, NC

Duration : 3+ Months

Total Hours/week : 40.00

1^st Shift

Client : Medical Devices Company

Employment Type : Contract on W2 (Need US Citizens or GC Holders or GC EAD or OPT or EAD or CPT

Temp to Perm role

JOB DESCRIPTION

• The Strategic Procurement Coordinator is a key member of the Procurement/Purchasing team with two primary focuses: strategic sourcing and buying/planning.
• Strong attention to detail, adaptability, communication, and a willingness to work in a collaborative team environment are skills that will support a high level of success in this position.

Responsibilities:

Strategic Analysis and Sourcing

• Understand and interpret engineering ideas and design concepts to advise the feasibility of manufacturing, while influencing to meet business objectives.
• Consistent monitoring of global market conditions that could impact our operations.
• Research new and existing sources of supply for designs and obtain prototypes as needed.
• Competitively bid the parts/design through Parata procurement's formal RFQ process and perform total cost of ownership analysis.
• Guide cross-functional team to review the total cost analysis and determine primary and contingent sources of supply.
• Negotiate to achieve the best total cost to benefit to Parata.
• Negotiate and execute comprehensive goal-oriented contracts covering all aspects of commercial terms & conditions, ensuring legal and ethical requirements are met while still meeting Corporate or Division objectives.
• Track cost reduction activity for the procurement team.

Supply Chain Management

• Manage supplier relationships and be the primary point of contact.
• Identify and minimize supply problems in advance of operational impact.
• Utilize supplier report card data to reduce risk and ensure a strong and self-sufficient supply base.
• Ensure on-time delivery of open orders and expedite as needed.

Buying / Planning

• Determine material requirements from engineering and production schedules and maintain inventory at planned levels.
• Proactively identify upcoming end of life (EOL) issues with supplier-sourced materials, and coordinate with Quality, Engineering, Planning, and Inventory teams to mitigate risk and financial impact to Parata.
• Coordinate with Finance & Inventory teams to manage and resolve invoice discrepancies.
• Analyze and implement ECOs and MCOs per Parata policies.
• Manage indirect (non-production) spend in accordance with the above listed criteria.

experience and educational requirements:

• Bachelor's Degree in Business, Engineering or other related field
• Minimum of 5 years of experience in a strategic sourcing/procurement role within a production environment
• Experience leading cross-functional teams in the organization on procurement projects
• Analytical skills to include cost/price modeling, make vs. buy analysis, value analysis, TCO, and ROI/cost benefit analysis, demonstrated ability to develop/implement commodity/services sourcing strategies which yield measurable reductions in spend
• Experience in tracking global raw material price movements and altering/creating sourcing strategy based on the changes
• Experience in the procurement and processing of plastics and metals preferred
• Excellent communication skills; ability to work across a variety of departments
• Organized and motivated team player
• Problem solving skills
• Strong computer skills including use of MS Office programs
• Experience using supply chain management software and tools, Great Plains preferred