Senior Engineer- Product Development And Sourcing - Procurement
CurrentDirected the new product development lifecycle Led the product development lifecycle from initial quotation to final costing, optimizing initial quotation processes and establishing unit prices. This approach improved pricing accuracy by 15% and reduced quotation turnaround time by 20%, enhancing cross-departmental alignment and project pacing. • Achieved cost savings through vendor evaluations and RFQ negotiations Achieved 30% in cost savings by implementing vendor evaluations, crafting detailed process instructions, and negotiating RFQs. Enhanced procurement quality and consistency by standardizing vendor selection criteria. • Oversaw tool procurement and development for new parts Led tool procurement and development for new product launches, negotiating optimal pricing and cost-per-piece improvements. Collaborated with vendors and engineering teams to refine tool selection, reducing tool-related costs by 20% and cycle time by 15% per unit. • Performed comprehensive cost analyses Conducted in-depth cost analyses, evaluating tool life, machining cycle time, and cost-per-piece. Implemented findings to refine tool selection and reduce per-part costs by 18%, enhancing overall procurement efficiency. • Managed procurement operations and monthly execution of Pos Oversaw the monthly execution of purchase orders, maintaining 98% on-time fulfillment rates and ensuring efficient business operations. Improved monthly procurement reporting accuracy, facilitating better decision-making. • Finalized product purchase costing through feasibility assessments Managed product purchase costing, performing regular feasibility assessments with vendors and identifying costsaving opportunities. Reduced overall project costs by 15% and enhanced supplier reliability through frequent evaluations. • Optimized vendor management and sourcing strategies, Balanced cost and quality by refining sourcing strategies, resulting in a 20% reduction in material costs.
