Procurement Specialist

Ferrotec Usa Corporation•Livermore, CA

About The Position

Ferrotec (USA) Corporation is a technology company with a worldwide presence, providing advanced material, component, system, and manufacturing solutions to customers, primarily in the semiconductor industry. The Procurement Specialist obtains materials, components, equipment, or services while optimizing company assets and complying with company policies and applicable laws and regulations. The role requires knowledge of assigned commodities and suppliers, and the highest standards of ethics, integrity, professionalism, and quality in purchasing practices and supplier relationships. This is a temporary assignment expected to last six months, with the possibility of extension. The specialist performs well-defined tasks under the supervision of Purchasing management or a Senior Buyer, supporting purchasing activity, supplier performance, delivery, cost, and inventory objectives. Duties may change at management’s discretion.

Requirements

Bachelor’s degree or equivalent.
Two years of experience.
Problem-solving, negotiation, and conflict-resolution skills.
Ability to work independently and exercise discretion to make sound decisions.
Commitment to ethical, professional, and objective purchasing practices.

Nice To Haves

Ability to speak and write in English and Chinese.

Responsibilities

Review incoming requisitions for accuracy and completeness and confirm required authorization signatures.
Initiate quotation activity and expedite supplier responses.
Analyze current or historical item prices and quotes to help determine effective pricing for assigned purchases.
Monitor the cost and schedule of assigned subcontracts, including blanket purchase orders.
Maintain professional, objective relationships with suppliers and supplier representatives; periodically visit supplier facilities to assess compatibility with Ferrotec’s requirements and objectives.
Monitor and coordinate return-to-vendor activity to support effective corrective action.
Coordinate with other departments regarding delivery status, specifications, pricing, quantity, and quality issues.
Work with planning to determine the best course of action for problem deliveries.
Work with a Senior Buyer or Purchasing Manager on delivery improvements and cost savings.
Manage one or more assigned commodities, which may include precision machined parts, sheet metal fabrications, magnets, ball bearings, MRO, service contracts, and the purchase or lease of capital equipment.
Use acquisition methods such as spot buying, blanket orders, supplier stocking options, and service contracts to obtain supplies and materials cost-effectively.
Maintain management-requested data and reports on assigned commodities and suppliers, including performance, capacity, lead time, and price.
Determine receipt timetables and quantities to support indicated and expected demand while meeting company cost and inventory goals.
Suggest and implement improvements to purchasing practices, supplier management processes, MRP options, and internal processes.