Procurement Specialist

The Company Dynamic Source Manufacturing Inc. (DSM) is an Electronics Manufacturing Services company, supporting global businesses by bringing their products to market effectively and efficiently for 25 years. With manufacturing facilities in Canada and the USA, we provide high-quality services for diverse industries such as automotive, communications, energy, and security & defense. Our company’s vision and performance are guided by our commitments to quality, collaboration, diversity & inclusion, and connectedness. The Opportunity Reporting to the Procurement Manager, The Procurement Specialist is pivotal in ensuring the efficient and cost-effective purchasing of materials and services for our projects. The ideal candidate will have experience in supply chain management, proficiency in procurement systems, and a strong background in the electronics industry. If you possess a strong blend of technical expertise and business acumen, with a proven track record of delivering purchasing results in a fast-paced environment, this role may be for you!

Key Responsibilities

• Purchase specifically assigned goods, materials, and services directed by the Materials Requirements Planning (MRP) and Enterprise Resource Planning (ERP), internal customers, and authorized individuals.
• Review and release daily approved purchase orders/work orders within budgetary limitations and scope of authority.
• Control, coordinate and expedite the flow of all incoming materials, parts, and assemblies between departments and customers to meet or improve the shipping, departmental and master production schedules.
• Initiate and manage various RF(x) activities and process, including spreadsheet analysis and making informed and “best value” recommendations within budgetary limitations and scope of authority.
• Maintain detailed procurement records for all items or services purchased, delivery, product quality or performance, and inventories.
• Proactively discuss and identify defective or unacceptable goods or services with inspection or quality control personnel, users, suppliers, and others functional team members to determine corrective action and root cause analysis.
• Approve invoice variances for payment within budgetary limitations and scope of authority.
• Establish, control and input item masters to ensure inventory accuracy including ABC classification, bin location and components rationalization.
• Coordinate with the materials personnel to identify variances between inventory count discrepancies.
• Maintain and report obsolete inventory and recommend disposition for reduction.
• Analyze and recommend supplier and component volume consolidation, specification rationalization, total cost analysis, global sourcing, supplier relationship management, process improvements, and technology improvements/enablers.
• Build supplier relationships through supplier performance measurement, external benchmarking, and continuous improvement initiatives.
• Foster an in-depth knowledge of the market and capabilities of key suppliers and maintain an awareness of emerging trends and issues.
• Monitor inventory performance metrics and create reports that support business decisions related to planning, purchasing, inventory investment, and customer delivery commitments.

Qualifications

• Degree/Diploma in Supply Chain Management or 5+ years of experience in procurement, supply chain management, or a related field, within a face paced manufacturing industry, preferably electronics.
• Strong analytical skills with experience interpreting inventory, demand, purchasing, and supplier performance data to support business decisions.
• Experience working with ERP systems (Made2Manage is an asset).
• Intermediate proficiency with Microsoft Office (Word, Outlook, PowerPoint) and Expert proficiency with Excel (Pivot Tables & VLOOP’s).
• Excellent organizational skills, and the ability to multitask and effectively prioritize and perform tasks efficiently.
• Highly self-motivated professional with the ability to work independently, exercise sound judgment, and make informed purchasing and inventory decisions with minimal supervision.
• Demonstrated ability to manage competing priorities, solve complex supply chain challenges, and drive results in a fast-paced manufacturing environment.
• Quoting/estimating experience within the electronics industry.

Preferred Skills

• CPIM, CSCP or SCMP certification is considered an asset.
• Cost Control and Financial Alignment.
• Familiarity with demand forecasting techniques.
• Ability to work in a fast-paced, dynamic environment.

Benefits:

• 401(k)
• 401(k) 2% match
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Professional development assistance
• Vision insurance