Procurement Engineer
What's it like to be a Procurement Engineer?
Procurement Engineers have expertise in the equipment, materials, and supplies used in industrial operations. They oversee the procurement of technical equipment, evaluate suppliers, negotiate agreements, manage inventory, identify machinery needs, find cost-cutting strategies, and decide which suppliers and vendors to continue doing business with.
Tasks and duties
- Analysing and evaluating potential suppliers and vendors.
- Negotiating contracts and prices with suppliers.
- Building and sustaining connections with suppliers and vendors.
- Managing and overseeing the procurement process from start to finish.
- Ensuring compliance with company policies and regulations.
- Monitoring inventory levels and making purchasing decisions accordingly.
- Working with other departments to identify and address procurement needs.
- Performing market research to discover potential suppliers and products.
- Reviewing and approving purchase orders.
- Resolving any issues or disputes with suppliers or vendors.
How to become a Procurement Engineer
To become a Procurement Engineer, you will need a bachelor degree in a relevant field and some experience with purchasing processes.
Complete an undergraduate degree in engineering, such as mechanical, electrical, or any related field.
Gain on-the-job knowledge and experience working in an entry-level position in an industrial setting to understand the different equipment and the technical requirements for production.
Consider acquiring additional certification, such as the Certification in Procurement and Supply Operations (CIPS), the global standard recognised.
Join professional organisations like the SCM Professional Centre or the Procurement and Supply Institute of Asia. These organisations offer training and networking opportunities that can help you stay up-to-date with the latest technologies and equipment essential in the manufacturing industry.
Aim for higher education by finishing a master's degree in business administration, supply chain management or a related field.
After gaining experience, consider more senior roles, such as Director of Global Sourcing or Director of Strategic Sourcing.
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