Buyer at The Timken Company in Downers Grove, Illinois

Job Description:

Lovejoy, a company in the Timken family of brands, is looking to hire a Buyer.

The Buyer is responsible for source selection and procurement functions directly associated with the company's needs for direct and indirect materials and services, and fixed assets and tooling.The products and services are to be secured with cost, quality, and delivery at competitive levels, consistent with company policy and performance standards.

Essential Responsibilities:

• Initiate purchase orders and changes
• Secures and analyzes quotations

• Negotiates prices and terms with suppliers

• Locates and develops new suppliers

• Nurtures relationships with existing suppliers

• Coordinates with various staff regarding planning parameters and schedules

• Coordinates with engineering and quality regarding specifications and quality issues

• Implements sourcing related directives from management

• Visits supplier's facilities to qualify them and for issue resolution and goodwill

Technical/Functional Skills:

• Organizational skills
• Communication proficiency
• Ethical conduct
• Project management
• Time management
• Collaboration ability
• Technical capacity
• Financial management

Basic Qualifications:

• Bachelor's degree is required; Concentration in Business Administration, Economics, Engineering or Supply Chain is preferred
• Minimum 2 years relevant work experience is required
• SAP experience is preferred

All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.

The Timken Company, a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.8 billion in sales in 2023 and employs more than 19,000 people globally, operating from 45 countries. Timken is one of the World's Most Innovative Companies, according to Fast Company, and has been recognized among America's Most Responsible Companies and America's Greatest Workplaces for Diversity by Newsweek, the World's Most Ethical Companies® by Ethisphere and America's Most Innovative Companies by Fortune.
Why Choose Timken?

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Nearest Major Market: Chicago
Job Segment: Supply Chain, Buyer, Procurement, Purchasing, ERP, Operations, Finance, Technology