Procurement Specialist

About the role

Since 1982, Sigma Engineered Solutions has grown from a single plant in India to 13 global locations, evolving from a low‑voltage electrical supplier to a provider of highly engineered metal components, machined parts, and precision metal stampings. The company lives by the promise “your success is our mission.” The Procurement Specialist sources, negotiates, and manages the procurement of raw materials, components, indirect materials, equipment, and services to support manufacturing operations and customer requirements, acting as a key business partner to suppliers and internal stakeholders by developing sourcing strategies, negotiating commercial agreements, driving cost‑reduction initiatives, and ensuring continuity of supply.

Sigma’s vision is to be the trusted global partner of choice by being indispensable to all stakeholders. Team members are expected to be customer‑focused, strive for continuous improvement, demonstrate courage and exemplary integrity, act socially and environmentally responsible, and work with urgency in the best interest of all stakeholders. Candidates who embody these qualities are encouraged to apply even if their background is not a perfect fit.

Responsibilities

• Strategic Sourcing & Supplier Negotiations: manage supplier negotiations and make recommendations regarding pricing, contracts, payment terms, delivery schedules, and service agreements; escalate matters requiring additional review or approval; conduct competitive bidding activities and supplier re‑quotes to ensure cost competitiveness; develop sourcing strategies that support operational objectives and long‑term business goals; analyze supplier cost structures and challenge pricing increases when appropriate; negotiate annual pricing agreements and long‑term supply contracts; evaluate supplier capabilities, capacity, risk, and overall competitiveness; develop alternative sourcing, contingency, and supplier‑consolidation strategies to reduce supply risk, improve continuity, and strengthen supplier partnerships; monitor market conditions, commodity trends, and industry developments that may impact material costs and availability; support new supplier identification, evaluation, qualification, and onboarding activities.
• Procurement & Purchasing Management: manage procurement activities for assigned commodities, materials, and services; issue and maintain purchase orders while ensuring supplier commitments are met; monitor open orders and proactively address delivery concerns; review and evaluate supplier quotations and proposals; maintain procurement records, supplier agreements, pricing schedules, and documentation; ensure purchasing activities comply with company policies and procedures; collaborate with customer service on customer re‑quotes and pricing reviews for finished goods.
• Supplier Performance Management: develop and maintain strong relationships with suppliers; monitor supplier performance related to quality, delivery, responsiveness, and cost; conduct supplier business reviews and performance discussions; collaborate with suppliers to resolve quality, delivery, and capacity issues; support supplier corrective actions in partnership with Quality and escalate concerns that could affect production or customer commitments; escalate supplier concerns that could impact production, customer commitments, or business operations; participate in supplier audits, assessments, and improvement initiatives.
• Cost Reduction & Continuous Improvement: drive measurable cost savings through supplier negotiations, competitive sourcing, and supplier consolidation; support value analysis and value engineering initiatives with suppliers and internal stakeholders; identify and implement procurement process improvements that eliminate waste, increase efficiency, and reduce total cost.
• Inventory & Supply Chain Support: collaborate with Production Planning and Materials teams to ensure material availability; monitor inventory levels and support efforts to balance inventory investment with production requirements; identify excess, obsolete, and slow‑moving inventory and recommend corrective actions; analyze forecast and demand changes that may impact procurement activities; support inventory management and cycle count activities as needed; support contingency plans to mitigate material shortages and supply disruptions.
• Data Analysis & Reporting: analyze procurement spend, supplier performance, inventory trends, and sourcing opportunities; monitor key performance indicators including cost savings achieved, purchase price variance, supplier on‑time delivery, supplier quality performance, inventory turns, and contract compliance; prepare reports and recommendations to support business decisions; present procurement performance and sourcing opportunities to management.
• Cross‑Functional Collaboration: partner with Engineering on new product launches, supplier selection, and material requirements; work closely with Production Planning and Manufacturing to ensure continuity of supply; collaborate with Customer Service and Sales to resolve supply‑related concerns affecting customers; coordinate with Finance to support budgeting, forecasting, and cost‑analysis initiatives.
• Compliance & Risk Management: ensure procurement activities comply with company policies, procedures, and ethical standards; support supplier compliance with customer, quality, environmental, and regulatory requirements; maintain supplier certifications, documentation, and records; support internal and external audits related to purchasing and supplier management.
• Other Duties: follow safe work practices and keep the work area clean and organized; perform related duties as assigned; follow documented policies and procedures as designated by the company’s Employee Handbook and Local Work Rules; adhere to the proper Code of Conduct while on company property.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, Operations Management, Finance, or a related field, or an equivalent combination of education and experience.
• Minimum of five years of procurement, purchasing, or sourcing within a manufacturing environment.
• Demonstrated experience running large‑scale RFQs.
• Proven ability to drive measurable cost savings and supplier performance improvements.
• Strong analytical thinking and decision‑making skills to support sourcing, supplier management, and cost optimization.
• Advanced Microsoft Excel skills, including data analysis, forecasting, reporting, and dashboard creation.
• Ability to analyze spending patterns, pricing structures, inventory data, and supplier performance metrics.
• Strong negotiation, communication, and relationship‑management skills.
• Strong project management abilities with a proven track record of managing procurement initiatives and cross‑