Procurement Engineer

Location: Peoria, IL Posted Date: October 7, 2017
Employer: To view company name. See instructions below
Employer Job Id: 2738 CareerMine Job Id: 1383634


  • Controls the sourcing and negotiates contracts with suppliers for $15 - 18 million per year in assigned commodities. Shares responsibility for $3 - 5 million per month in inventory of assigned commodities. May directly supervise purchasing department clerical or support personnel.
  • Identifies viable suppliers for assigned commodities.
  • Develops new or alternate suppliers for new and current parts and materials.
  • Determines supplier qualifications. Optimizes the match up of supplier abilities and capacities with [Company] delivery, quality, and cost requirements.
  • Negotiates contracts and agreements with suppliers. This includes all pricing issues. Inventory implications to be a major consideration in all negotiations.
  • Participate in supplier related cost reduction or quality improvement programs.
  • Responsible for quote file and cost system maintenance, including preferred supplier selection.
  • Make field trips to suppliers as required to maintain optimum relationships in respect to product or communication issues.
  • Maintain tooling and fixture records for those items placed with suppliers.
  • Coordinate or monitor sourcing activities for new product introductions.
  • Analyze new part number setups for similarity to existing part numbers and potential rework of current inventory to reduce obsolescence costs.
  • Maintain an interface with engineering to better coordinate supplier selection in support of new product releases.
  • All duties and responsibilities of the position are to be approached with the goal of realizing continuous direct and indirect cost and inventory reductions.


  • Bachelors Degree in Business Administration, Industrial Management, or Engineering, plus 3 - 5 years experience in Purchasing or Materials Management or 7 - 9 years of related industrial experience.
  • Ability to be an effective negotiator.
  • Basic understanding of the technology involved in the production or processing of assigned commodities.
  • Knowledge of material planning systems, bills of material, and other computer based purchasing and inventory management systems.
  • Knowledge of basic cost accounting principals and an understanding of value engineering and applications to cost reduction programs.
  • Ability to communicate effectively, both written and verbal.
  • Understanding of current market conditions and business climate as related to assigned commodities.

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