The Senior Buyer procures materials, supplies, services, and MRO. The role is critical in driving efficient cost decisions and maintaining a sustainable supply chain. The Senior Buyer has a significant responsibility in fulfilling customer commitments and managing an annual purchasing spend.
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.
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.
Perform any other duty reasonable corresponding with the role.
Knowledge/Skills/Experience
Bachelor's 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.