Job Openings
Senior Buyer
About the job Senior Buyer
The Senior Buyer is critical in driving efficient cost decisions and maintaining a sustainable supply chain
Essential Functions/Key Deliverables
- Partners with Planning and Production to develop and implement procurement strategies and define ordering requirements on time horizons ranging from one week to 3 years.
- Track and ensure inventory levels meet the business needs. This includes developing and managing reports and KPIs for usage, on-hand inventories, and excess/obsolete inventories.
- Actively gathers market intelligence to analyze market trends, identify new suppliers, new product substitutions, capacity changes, and regulatory changes.
- Manage the procurement process from requisition to delivery, ensuring compliance with company policies and procedures.
- Develop commodity procurement strategies and inventory programs.
- Mitigate risks and implement contingency plans to address potential disruptions in the supply chain.
- Perform any other duty reasonable corresponding with the role.
- Research, evaluate, and onboard new suppliers.
- Identifies and executes opportunities for cost reductions and process improvement initiatives.
- Gather quotations, examine bids, review contracts, negotiate pricing & contracts within budgetary limitations and scope of authority, and makes recommendations for awards.
- Work with all necessary departments to ensure spending budgets are achieved while maintaining necessary stock to deliver on our KPIs.
- Maintains procurement records on services and goods purchased, costs, delivery, and inventories.
- Champion procurement reporting and metrics.
- Issues reports on category spend, price per unit, contract compliance.
- Monitor vendor performance for quality and delivery.
- Assists in facilitating internal compliance and audit reporting.
Knowledge/Skills/Experience
- Bachelors Degree and/or significant experience in a related field.
- 5+ years of experience in Procurement ideally in the manufacturing industry.
- Attention to detail and a high degree of accuracy and organization.
- Ability to function both independently and as part of a team; must be flexible and excited to grow with the organization.
- Experience managing multiple suppliers and assignments in a fast-paced environment.
- Strong critical-thinking skills with a solution-oriented mindset
- Excellent written and oral communication skills
- Proficient in Microsoft Office Products, especially use of Excel for writing formulas, and pivot tables. SAP experience helpful.