Purchase Engineer responsible for procuring castings, bought-out items, machined components, plastics, and related pump and motor materials. Manages supplier relationships, contract negotiations, supplier performance, purchasing issues, quality compliance, delivery, cost savings, and procurement KPIs. Collaborates with engineering, quality, manufacturing, and other stakeholders while using ERP systems such as SAP or Oracle.
We are seeking an experienced Purchase Engineer to join our procurement team. The ideal candidate will have hands-on experience in purchasing castings, stamping, bought-out items, machining parts, and plastic parts and will have 3-5 years of experience in purchase , supply chain management, preferably in a submersible pump and motor industry environment.
Key Responsibilities
ESSENTIAL DUTIES AND RESPONSIBILITIES
Procurement
Procurement
- Purchase castings, bought-out items, machining parts, and plastic parts: Purchase materials, components, and services from suppliers, ensuring timely delivery, quality, and cost-effectiveness.
- Analyze and resolve purchasing issues: Analyze and resolve purchasing issues, including supplier disputes, quality problems, and delivery delays.
- Ensure compliance with purchasing policies: Ensure compliance with purchasing policies, procedures, and regulatory requirements.
Supplier Management
- Build and maintain supplier relationships: Develop and maintain relationships with suppliers to ensure timely delivery, quality, and cost-effectiveness of purchased materials.
- Negotiate contracts: Negotiate contracts with suppliers to achieve favorable terms and conditions, including pricing, delivery, and quality.
- Manage supplier performance: Monitor and evaluate supplier performance to ensure compliance with contractual requirements and internal expectations.
Technical Expertise
- Provide technical expertise: Provide technical expertise to the procurement team and internal stakeholders on purchased materials, including castings, bought-out items, machining parts, and plastic parts.
- Ensure quality and specification compliance: Ensure that purchased materials meet quality and specification requirements, including industry standards and internal specifications.
- Collaborate with internal stakeholders: Collaborate with internal stakeholders, including engineering, quality, and manufacturing, to ensure alignment with business objectives and internal requirements.
Cost Savings and Quality Management
- Identify opportunities for cost savings: Identify opportunities for cost savings and implement initiatives to achieve targets.
- Implement quality management processes: Implement quality management processes to ensure that purchased materials meet quality and specification requirements.
- Monitor and report key performance indicators (KPIs): Monitor and report KPIs, including cost savings, quality, and delivery performance.
Submersible Pump Industry Knowledge (Preferably) : Having an understanding of submersible pumps and motor components, including castings, Stainless Steel, copper, winding wires, stamping, Fasteners, Bearings, Pump & Motor Casing, machining parts, Seals, plastic parts (seals and gaskets).
Skills, Knowledge and Expertise
Skills and Abilities.
- Excellent negotiation, communication, and project management skills.
- Ability to analyze data, identify trends, and make informed decisions.
- Proficient in ERP systems, such as SAP or Oracle
- Strong problem-solving and conflict resolution skills.
- Experience in managing cross-functional teams.
Education and Experience
- Education: Bachelor’s degree in mechanical engineering, Production Engineering, or related field.
- Experience: 4 – 7 years of experience in procurement, purchasing, or supply chain management, preferably in a submersible pump manufacturing company.
- Hands-on Experience: Experience in purchasing castings, bought-out items, machining parts, and plastic parts.
About
Franklin Electric is a global leader in water and energy systems, committed to continuous improvement and innovation to meet the diverse needs of our customers. Our founders in 1944 named the company after America’s pioneer electrical engineer, Benjamin Franklin, which lives on today in our culture to drive us to push boundaries and create meaningful change. We offer a comprehensive range of pumps, motors, drives, and controls for residential, commercial, agricultural, industrial, and municipal applications.More than just a workplace, Franklin Electric is a vibrant and inclusive community of forward-thinkers, united by our mission to drive positive impact worldwide. Our culture fosters career growth and personal development, with a focus on promoting from within and nurturing talent. Our recent awards in “America's Most Responsible Companies”, “Most Trusted Companies” by Newsweek, “America’s Climate Leaders” and “Indiana’s Best Places to Work” attest, we're dedicated to upholding the highest standards of corporate responsibility.At Franklin Electric, we believe that everyone deserves to be treated fairly and respectfully, and that our diversity of thought, culture and experience makes us a stronger company. Our commitment to social responsibility is evident in programs like the Franklin Women's Network and our philanthropic efforts through the Franklin Wells for the World Foundation. Through these endeavors, we've provided clean water to over 284,000 people in 12 countries, addressing the global water crisis head-on,Locally in our communities, the Franklin Electric Charitable and Educational Foundation (FECEF) supports causes close to our hearts, such as United Way, Boys & Girls Club, and Big Brothers Big Sisters. Our dedication to excellence extends beyond our products and services, shaping a brighter future for both our employees and the communities we serve. Join us in driving meaningful change and making a difference with Franklin Electric.
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