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We are seeking a highly skilled and strategic Procurement Specialist to join our fiber cable manufacturing team. The ideal candidate will be responsible for sourcing, negotiating, and procuring critical materials and services essential for our production processes, with a strong emphasis on cost reduction, contract manufacturing, and supply chain efficiency. This role demands expertise in sourcing a diverse range of components.
Job Responsibility:
Develop and execute sourcing strategies to achieve significant cost savings and total cost of ownership (TCO) improvements across assigned categories
Conduct thorough market research and analysis to identify potential new suppliers, predict cost trends, and assess supply chain risks
Lead renegotiations of existing vendor contracts and terms
Implement e-sourcing tools and data analysis techniques to optimize procurement processes
Analyze industry and market trends for fiber optic components and raw materials
Maintain accurate procurement records and documentation
Identify, evaluate, select & Onboard suppliers for Polymers, molded plastic components, mechanical parts including Sheet Metal & Machined components, Raw fiber, protective jacketing materials, strength members
Manage the entire contract lifecycle, including drafting, reviewing, negotiating, and ensuring compliance
Develop and maintain strong, collaborative relationships with key suppliers and contract manufacturers
Monitor and track supplier performance using Key Performance Indicators (KPIs)
Work closely with engineering, manufacturing, finance, and legal departments to align procurement activities with overall business objectives
Collaborate closely with internal cross-functional teams, including Engineering, Quality Assurance, and Production, to understand material needs
Requirements:
Bachelor’s or Master’s degree
7+ years of procurement experience, preferably in the telecom industry
Proven track record as a Procurement Specialist or similar role in a manufacturing environment, ideally in fiber optics or related sectors
Expertise in sourcing commodities such as polymers, molded plastic components, sheet metal, machined parts, raw fiber, protective jacketing materials, and strength members
Experience managing contract manufacturing (CM) relationships and agreements
Demonstrated success in implementing cost-reduction initiatives and achieving measurable savings
Strong ability to build and maintain supplier relationships
Technical Proficiency: ERP systems (SAP preferred), procurement software, and advanced Microsoft Excel
Skilled in Microsoft Power BI for spend analysis, KPI tracking, and interactive dashboards
Expertise in cost modeling, forecasting, and data analysis
Excellent interpersonal skills for engaging suppliers and internal stakeholders
Strong organizational skills and accuracy in execution