What are the responsibilities and job description for the Procurement Agent position at Invio Automation?
Procurement Agent
Department: Purchasing
Reports To: Director of Purchasing
Reports To: Director of Purchasing
FLSA Status: Exempt
Location: North Vernon, IN
Updated: 11.8.2023
THE COMPANY
Invio Automation is an Industry 4.0 automation leader that serves a variety of high-growth end-markets including medical devices & life science, renewable energy, mobility, logistics & fulfillment, and heavy industry. Our Automation Solutions and Automation Technologies divisions work together to deliver Factory of the Future consulting and mission critical R&D pre-validation services that pave the way for a comprehensive suite of automation solutions where accuracy, efficiency, and precision are essential for success. With nine locations across North America and a global network of collaborative partners, Invio Automation’s geographic footprint provides customers with a presence in key markets where local service and support are valued.
Invio Automation’s Solutions division specializes in single station robotic cells, multi-station fabrication & assembly lines, bonding & welding technologies, vision systems, and packaging process. Application capabilities within our Solutions division include thermal bonding, web handling, force plotting, heat staking, high viscosity pumps, precision dispensing, impulse bag sealing, and needle bending. Invio Automation’s Technologies division includes highly differentiated Autonomous Mobile Robots (AMRs) for heavyweight applications, turnkey assembly lines, welding automation, and custom lift-assist & secure tools for safety critical applications.
DESCRIPTION
A Procurement Agent is responsible for purchasing equipment, goods and services, and managing vendors. The successful candidate will be able to perform strategic procurement activities across multiple categories of spend, manage critical lead times, and find more cost competitive suppliers. A Procurement Agent must be professional, proactive and positive when interacting with vendors. Our goal is to exceed expectations and ensure our customers receive an exceptional experience at Invio Automation.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Develop, lead and execute purchasing strategies
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Track, monitor, and report on supplier performance metrics including on-time delivery and product quality
- Craft negotiation strategies and close deals with optimal terms
- Partner with stakeholders to ensure clear requirements documentation
- Forecast price and market trends to identify changes of balance in buyer-supplier power
- Perform cost and scenario analysis, and benchmarking
- Contract management including execution of supplier contracts and implementing negotiated terms & conditions
- Assess, manage and mitigate risks
- Seek and partner with reliable vendors and suppliers
- Determine quantity and timing of deliveries
- Monitor and forecast upcoming levels of demand
- Expedite critical and/or late purchased components
- Active participant in a continuous improvement environment
- Partner with Sourcing to execute supplier strategy and leverage negotiated contracts
- Partner with materials coordinator & shop foreman to identify opportunities for improvement
Qualifications:
To perform this job successfully, an individual must be professional, proactive and positive, with internal and external customers and coworkers. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable the individuals with disabilities to perform the essential functions.
Other Skills and Abilities:
- Familiarity with strategic sourcing and vendor management
- Able to hold vendors accountable to meet pricing and delivery; i.e. not afraid of confrontation
- Strong working knowledge of Microsoft Excel, Microsoft Powerpoint, and databases
- Experience with vendor managed inventory and consignment programs
- Interest in market dynamics along with business sense
- A knack for negotiation and networking
- Ability to gather and analyze data and to work with figures
- Solid judgment along with decision making skills
- Strong leadership capabilities
- Working knowledge of manufacturing processes
- Strong interpersonal skills
- Good verbal and written skills
- Proven organizational skills
EDUCATION
A Bachelor’s Degree in business or accounting is preferred; minimum two-year degree is required.
Minimum three to five years experience in automotive, renewable energy, agricultural or medical device/life sciences manufacturing.
INVIO AUTOMATION’S CORE VALUES
- We take pride in the reliability of our team and the difficult problems we solve for customers.
- We deliver real customer value that positively impacts the lives of those around us.
- We are dependable. Relationships and trust matter.
- Our ingenuity and desire to improve lives will complement our suite of solutions.
- We strive to demonstrate that our attention to detail does not start or end with the solutions we engineer and deliver.
- We believe exceptional service is better demonstrated than said.
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