Siemens · 1 day ago
Procurement Engineer
Siemens is a global technology company focused on industry, infrastructure, transport, and healthcare. They are looking for a Procurement Engineer who will be responsible for early involvement of procurement in product development, supplier integration, and cost reduction strategies to ensure compliance with cost goals and technical innovations.
Artificial Intelligence (AI)ConsultingCyber SecurityInternet of Things
Responsibilities
Engage in preliminary development. Be actively involved in the product development/manufacturing process as well as undertaking and pushing forward cost reduction measures (design to cost, target costing, standardization, key data, etc.) to achieve the target costs for materials and reduce the overall material costs by fulfilling the necessary functions. Represent Strategic Procurement in the R&D project meetings and ensure milestone deliverables. Collaborate with R&D engineers and commodity managers to align the development goals with commodity strategies
Include suppliers and conduct cost-benefit analysis workshops, innovation workshops and concept competitions with key suppliers to concentrate on the key functions of the components/projects. Optimize material cost through DtC. Review’s material cost target
Initiate market observation, conduct and provide market information/analyses on international technology and price trends to obtain new suppliers and new technologies in the supply chain
Introduce and follow up given cross-functional Procurement strategies to ensure the linkage of commodity strategies and technological market trends
Support activities planned by the lines of business to harmonize and implement the technological line-of-business strategies with procurement strategies. Supports Core/Non-core initiatives. Participates sourcing strategy development with commodity team
Drive sourcing decisions with interface partners to incorporate technological knowhow and safeguard security strategies. Drives cross-functional sourcing concept
Be involved in and provide corresponding support for projects in lines of business to provide optimum input for quotes, workshops, scope of material (BoM assessment) and realization of potential for savings in the project
Technology Assess and develop suppliers from the technological standpoint (if necessary, jointly with interface partners) to concentrate on the best suppliers
Participate in workgroups and work in projects to stay informed and keep and others informed and exert influence at an early stage
Applies preventive methods aimed at risk minimization. Designs, maintains, and improves specific requirements, specification and concepts based on supplier categorization
Coordinate’s product/service qualifications and approvals based on specific requirements / specifications (Ready to Order)
Qualification
Required
Bachelor's degree in electrical or mechanical engineering
5 plus years of experience in procurement and supply chain management including R&D, manufacturing, procurement, finance and supplier interfacing
Excellent analytical skills and good judgment in assessing risks and control deficiencies, with confidence in suggesting practical alternative solutions
Ability to travel 20%
Must be eligible to work in the US with no sponsorship now or in the future
Preferred
BS Electrical Engineering Degree
Master's degree
Industry experience within a Mechanical / Electrical / Electronic component manufacturing business
Project management knowledge and execution leadership experience
Professional Certifications: Supply Chain Management; Project Management etc
Good communication, listening, good networking and negotiation skills are required
Self-determined and goal oriented, Ownership, interpersonal skills, presentation skills, proactive and team player with the drive to implement changes
Benefits
Siemens offers a variety of health and wellness benefits to our employees.
Company
Siemens
Siemens empowers customers to transform the industries that form the backbone of economies: industry, transportation, buildings and grids.
Funding
Current Stage
Public CompanyTotal Funding
$7.01BKey Investors
US Department of Energy
2025-02-20Post Ipo Equity· $1.5B
2024-09-17Grant· $1.5M
2024-09-04Post Ipo Debt· $332.4M
Recent News
Mexico Business
2026-01-17
2026-01-16
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