Procurement engineer

*** Job Summary:
He / She will be leading the procurement and necessary sourcing activity for manufacturing parts and raw material (RM).
*** Duties/Responsibilities:
- Understanding the functional requirement of the machines and function of required parts.
- Assessing and identifying the right source for the part.
- Understanding the current supply chain capacities and capabilities.
- Collaborate with other departments and stakeholders for their requirements and supporting with organizing the materials at right time with right quality.
- Analysis the factors affecting the supply chain.
- Develops the supply chain process to increase efficiency throughout the supply chain.
- Costing and estimation of a product
- Give inputs as an advisory member of the new product development team, providing information and guidance on availability and cost of supplies and materials.
- Acts as part of the team coordinating engineering changes and new product launches to ensure timely and orderly material and production flow transitions.
- Monitors the performance of suppliers, assessing their ability to meet quality and delivery requirements; identifies and qualifies new suppliers in collaboration with other departments.