**Position Summary** Manage and procure inventory levels required to meet shipment and operations objectives through manufacturing or purchasing procurement. Interface with Suppliers and Manufacturing personnel as required to meet/exceed Customer Service requirements. Support Marketing lead time requirements for all IP Models. Manage a pre‐determined value of Inventory. Manage service and production parts. **Essential Responsibilities** + Review daily order reports to identify product requirements: + Supplier open order report + Supplier salvage report + Supplier OTP report + Supplier portfolio management + Realize savings report + Contracting & negotiating with assigned suppliers + Create purchase orders + Modify existing purchase orders + Other activities as part of sourcing system for a wide range of mechanical parts + Development of strategic sourcing concept + Expedite deliveries + Work with suppliers to balance capacity and requirements to satisfy OTP and inventory levels + Review, evaluate and make disposition of excess and obsolete inventory + Execute ECN materials actions + Manage and reconcile inventory discrepancies due to lost parts and supplier non-conformance issues + Manage supplier/manufacturing stocking programs + Backup co-workers as required due to vacation, illness etc. + Identify safety stock revisions + Assist supply chain with supplier relations by reviewing on a monthly basis + Work with engineering, contracts and planner to develop safety stock levels to support project demand + Communicate any delays caused by abnormal demand, salvage, scrap or late parts + Prepare Regional expense report, Realized savings report, supplier performance report and supplier capacity evaluation report monthly + Work with suppliers and manufacturing to establish priorities when bottlenecks exist. Requires making decisions on partial shipments, splitting machining lots and other possibilities to maximize customer service + Secure and analyze quotations; negotiate price and terms with suppliers and recommend based on cost, quality and delivery. + Coordinate as appropriate quality matters and engineering changes/developments between manufacturing operations and suppliers + Initiate and facilitate problem-solving skills, implement solutions and track results. + Identify, suggest and implement process improvements by taking own initiative and generate lean projects in purchasing department + Establish, retain and maintain data integrity with the current running ERP system + Cost reduction initiatives + Resolve complex delivery, quality or other related problems with purchases + Serve technical focal for special or high level audits & assessments of supplier’s systems, processes & products. **Position Requirements** **EDUCATION:** Bachelor of Engineering with minimum of 5 years of experience in relevant filed **OTHER SKILLS/KNOWLEDGE/EXPERIENCE:** + Managerial experience preferred + Excellent verbal and written communication skills + PC Literate + Knowledge of Goulds Pumps Products preferred + Previous experience in dealing with foundries & casted parts + Prior experience in dealing with Fabrication & machined parts + ERP & SAP software fluencies + Query processing ERP/Excel + Presentation skills & ability to manage multiple priorities Connect With Us! (https://careersen-itt-inc.icims.com/jobs/12249/procurement-engineer/job?mode=apply&apply=yes&in\_iframe=1&hashed=-1834443231) **Job Locations** _SA-04-Dammam Second Industrial City_ **ID** _2024-12249_ **Category** _Sourcing SupplyChain & Logistics_ **Position Type** _Contingent Worker_ **Telecommute** _No_