Procurement Specialist

About the Role

We are seeking a Procurement Sourcing Specialist to manage supplier sourcing activities, evaluate supplier proposals, negotiate pricing, and support procurement strategies that deliver value, quality, and operational efficiency. This role involves working closely with suppliers, engineering teams, and internal stakeholders to optimize sourcing decisions while supporting production and business objectives.

Key Responsibilities

• Strategic Sourcing & Supplier Management
• Lead sourcing activities by soliciting, reviewing, evaluating, and negotiating supplier quotations for production components and materials.
• Identify and select suppliers based on quality, cost, delivery performance, technical capabilities, and business requirements.
• Build and maintain positive relationships with suppliers while ensuring alignment with organizational objectives.
• Support sourcing decisions that maximize value and contribute to achieving cost targets and operational goals.
• Cost Analysis & Negotiation
• Conduct detailed cost analyses to evaluate supplier pricing and identify cost-saving opportunities.
• Collaborate with technical and engineering teams to understand cost drivers and support informed sourcing decisions.
• Negotiate pricing, terms, and commercial agreements to achieve favorable outcomes.
• Support cost reduction, cost avoidance, and efficiency improvement initiatives across sourcing activities.
• Supplier Selection & Procurement Execution
• Assess supplier capabilities, performance, capacity, and risk factors when recommending sourcing strategies.
• Evaluate supplier proposals and contribute to supplier selection decisions.
• Monitor supplier performance and support continuous improvement initiatives.
• Participate in supplier reviews and performance discussions to ensure ongoing business success.
• Cross-Functional Collaboration
• Work closely with engineering, manufacturing, quality, logistics, and other business teams to support procurement objectives.
• Provide input on design, specifications, and sourcing considerations that may impact product cost and manufacturability.
• Collaborate with stakeholders to balance cost, quality, delivery, and performance requirements.
• Support business initiatives and special projects as assigned.
• Process Improvement & Business Support
• Identify innovative approaches to improve procurement efficiency and reduce overall costs.
• Analyze sourcing strategies and market trends to support business decision-making.
• Prepare reports, presentations, and recommendations for management review.
• Assist in implementing procurement best practices and continuous improvement initiatives.

Requirements & Tech Stack

• Qualifications

• Bachelor's degree in Business, Supply Chain Management, Engineering, Finance, or a related field.

• Experience or strong interest in procurement, sourcing, supply chain, manufacturing, or supplier management.

• Strong analytical and problem-solving skills.

• Excellent communication, negotiation, and presentation abilities.

• Knowledge of cost analysis, budgeting, and financial fundamentals.

• Ability to manage confidential information with professionalism and integrity.

• Strong organizational and time management skills.

• Preferred Qualifications

• Experience in manufacturing, automotive, powersports, industrial, or related industries.

• Understanding of supplier sourcing processes and procurement methodologies.

• Knowledge of product cost structures and supplier evaluation techniques.

• Ability to interpret technical drawings, specifications, and engineering documentation.

• Familiarity with market analysis, supplier negotiations, and contract discussions.

• Experience supporting cross-functional business teams and project activities.