Senior Procurement Analyst (Product Cost Out)

As the Productivity Compression IMB in Siemens Energy Transformation of Industry Division, your primary role is to drive cost-out projects from inception to full implementation within specific timelines and budget constraints. This ensures that cost savings are available for use by the cost estimating and sales/proposal departments during the bidding process. Key Responsibilities: - Enhance competitiveness and profitability of the compression product line for Turbo & reciprocating compressors. - Develop and monitor the fulfillment of frame contracts and achievement of productivity targets, including conducting benchmarks. - Ensure proper input and tracking of product cost-out initiatives/measures in relevant product cost tracking software (PRIOneer + PRIMO). - Utilize extensive experience in Microsoft Office applications (PowerPoint, Word, Excel) and ideally Access. - Demonstrate in-depth knowledge and experience of purchasing fundamentals. - Participate effectively in teams and collaborate cross-functionally when required. - Assess and establish priorities for yourself and others, exhibit flexibility, and communicate a sense of urgency. - Update databases periodically or as required, prepare and submit various reports as needed. - Maintain the integrity of purchasing data in the system with error-free transactions. Qualifications Required: - Bachelor's degree in Engineering (Mechanical, Electrical, Chemical, or Petroleum). - Minimum of 5-8 years of industry experience in roles such as Application Engineer, Maintenance Engineer, Process Engineer, Design Engineer, Product Engineer, or similar. - Experience with turbomachinery or related rotating equipment and associated auxiliary systems is advantageous. - Working knowledge of how design, technical, automation, sourcing, and logistics decisions impact costs and/or schedules. - Proficiency in MS Office Suite, particularly Excel for data analysis. About the Company: Siemens Energy is more than just an energy technology company. With over 100,000 employees in 90+ countries, we develop energy systems for the future to meet the global community's growing energy demand sustainably. Our technology drives the energy transition worldwide and supports one-sixth of the world's electricity generation. Siemens Energy is committed to diversity and inclusion, embracing over 130 nationalities to generate creative energy and drive innovation. Discrimination based on differences is not tolerated, and our focus is on decarbonization, new technologies, and energy transformation. Benefits: - Medical insurance coverage for all employees, including considerable family floater cover. - Option to opt for a Meal Card as per company policy for tax-saving benefits. For more information on how you can contribute to Siemens Energy's mission, visit: [Siemens Energy Careers](https://www.siemens-energy.com/employeevideo),