Procurement Lead

Cloudious
Reno, NV Full Time
POSTED ON 10/6/2023 CLOSED ON 12/16/2023

What are the responsibilities and job description for the Procurement Lead position at Cloudious?

Title – Procurement Lead

Location – Nevada, Reno (onsite only)

Experience – 5 years

Job Description:

  • Define strategy and lead initiatives for cost saving and cost optimization with local & global suppliers.
  • This role owns the supplier performance and related corrective actions necessary to meet and improve our operational performance.
  • Works closely with other departments to identify, evaluate, and develop qualified suppliers.
  • Participates in local management meetings, gaining a better understanding of the immediate priorities locally while communicating progress on supply management projects and KPI’s.
  • Manages external supply risk associated with “sole supplier” decisions, including alternative sourcing strategies, inventory safety stocks, and supplier inventory programs (examples: VMI, Consignment, and other solutions to minimize risk).
  • Work closely with corporate to improve WC “Working Capital” through extended payment terms and utilization of established SCF “Supply Chain Financing” program.
  • Negotiates comprehensive supplier agreements to provide optimized cost to the company (examples: logistic selections, title transfer, INCO terms, training, technical support, payment terms, pricing, lead-times, order quantities, warranty, liabilities, and other factors based on specific budget and schedule requirements).
  • Evaluates and drives cross-functional engagement to implement the most cost-effective value for procurement alternatives.
  • Establishes purchased material Standard Cost and provides forward guidance to cost variances. Communicates supply cost factor changes periodically while recognizing the importance to quoting and overall profit performance of the company.
  • Prepares and Manages RFx “Requests for Quotation, Information, or Proposals “of local & import sourcing requirements.
  • Provides suppliers with forecasts and production schedule information as needed.
  • Responsible to deliver all critical supplier on-boarding requirements (e.g., NDA to protect all intellectual property, tax documentation, vendor-master data collections of banking accounts, terms, and contact information).
  • Other sourcing related tasks assigned as a valued member of the organization.

Job Type: Full-time

Salary: $29,738.41 - $80,000.00 per year

Schedule:

  • 8 hour shift

Work Location: On the road

Salary : $29,738 - $80,000

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