Procurement Engineers oversee the purchasing of technical goods and services for an industrial operation. Procurement Engineers have very detailed knowledge of the equipment, materials and supplies used in a particular industry, and are able to identify companies that sell them. They evaluate suppliers and negotiate purchase agreements with them, as well as maintain the inventory of supplies.
The job outlook for Procurement Engineers is fairly steady. The Bureau of Labor statistics predicts a growth in jobs of 2 percent by 2024 for all Buyers and Purchasing Agents, including Procurement Engineers.
Procurement Engineer Duties and Responsibilities
To accomplish their primary goal of procuring technical equipment for industrial operations, Procurement Engineers perform many tasks. We analyzed several job listings to identify these core Procurement Engineers duties and responsibilities.
Determine Needs
Procurement Engineers use their specialized knowledge to determine that the facility has the machinery, components and supplies needed to efficiently and safely operate. They review any engineering changes that impact material or supplier, to adjust stocks accordingly.
Choose Suppliers
An important responsibility of a Procurement Engineer is choosing the appropriate suppliers to purchase from. Procurement Engineers do extensive industry research, meet with salespeople and compares their products and prices.
Negotiate Prices and Award Contracts
Once the Procurement Engineer has selected vendors, they negotiate sales agreements to purchase the required products. They then award contracts to the vendors, and continue to administer these contracts throughout the relationship.
Manage Suppliers
Procurement Engineers are responsible for managing supplier performance in terms of quality, cost, delivery, and responsiveness. They periodically review suppliers, and launch improvement programs where required. Procurement Engineers must always be thinking of ways to eliminate waste and variability in the supply chain.
Job Details
| Posted Date: | 2020-11-01 |
| Job Location: | Jeddah , Saudi Arabia |
| Job Role: | Purchasing and Procurement |
| Company Industry: | Retail & Wholesale |
Preferred Candidate
| Career Level: | Management |
| Gender: | Male |
| Degree: | Bachelor's degree |