Procurement Engineers oversee the purchasing of technical goods and services for an industrial operation. Procurement Engineers have very detailed knowledge of the equipment, materials and supplies used in a particular industry, and are able to identify companies that sell them. They evaluate suppliers and negotiate purchase agreements with them, as well as maintain the inventory of supplies.
The job outlook for Procurement Engineers is fairly steady. The Bureau of Labor statistics predicts a growth in jobs of 2 percent by 2024 for all Buyers and Purchasing Agents, including Procurement Engineers.
Procurement Engineer Duties and Responsibilities
To accomplish their primary goal of procuring technical equipment for industrial operations, Procurement Engineers perform many tasks. We analyzed several job listings to identify these core Procurement Engineers duties and responsibilities.
Procurement Engineers use their specialized knowledge to determine that the facility has the machinery, components and supplies needed to efficiently and safely operate. They review any engineering changes that impact material or supplier, to adjust stocks accordingly.
An important responsibility of a Procurement Engineer is choosing the appropriate suppliers to purchase from. Procurement Engineers do extensive industry research, meet with salespeople and compares their products and prices.
Negotiate Prices and Award Contracts
Once the Procurement Engineer has selected vendors, they negotiate sales agreements to purchase the required products. They then award contracts to the vendors, and continue to administer these contracts throughout the relationship.
Procurement Engineers are responsible for managing supplier performance in terms of quality, cost, delivery, and responsiveness. They periodically review suppliers, and launch improvement programs where required. Procurement Engineers must always be thinking of ways to eliminate waste and variability in the supply chain..
Procurement Engineer Skills
Detail-oriented and driven, successful Procurement Engineers are able to integrate their technical knowledge with business acumen. They work well independently and are committed to thinking outside of the box to achieve results. In addition to these general skills and personality traits, employers are seeking Procurement Engineer candidates with the following skills.
: Based on job listings we looked at, employers want Procurement Engineers with these core skills. If you want to work as a Procurement Engineer, focus on the following.
- Experience in an engineering, procurement and operations
- Effective verbal and written communication skills
- Proficiency with personal computers and networking, specifically Microsoft Excel
- Ability to analyze bills of material and drawings to understand key requirements
- Knowledge and direct experience in negotiating contracts and quotations with Contract Manufacturers and Suppliers
- Ability to identify cost reduction opportunities
: While most employers did not require the following skills, multiple job listings included them as preferred. Add these to your Procurement Engineer toolbox and broaden your career options..