PURPOSE Drives negotiations for optimal pricing and quality standards in the development of purchasing agreements. Expedites orders to meet production and customer needs. Maintains on-going relationships with suppliers by securing bids and placing purchase orders. ESSENTIAL DUTIES AND RESPONSIBILITIES
- Purchases specifically assigned products by contacting vendors to obtain information concerning product, price, availability, and delivery date.
- Negotiates prices and terms with vendors/suppliers within budgetary limitations and scope of authority following company purchasing policies and procedures.
- Implements inventory control strategies as set forth by the company, including management of inventory turns and physical inventory requirements.
- Conducts competitive price comparisons by keeping abreast of current product developments and trends in areas of expertise.
- Identifies overstock items and looks for ways to reduce quantities that are beneficial to the company.
- Negotiates settlements on rejected or defective items.
- Provides feedback on pricing of items based on established pricing strategies.
- Develops and maintains strategic vendor relationships through management of the overall strategy for sourcing materials to create a sustainable competitive advantage, increase ROIC, and ensure efficiency, sales, and profitability targets are met.
- Develops and establishes new and existing vendor relationships, both domestic and import.
- Develops category strategies and long-range sourcing plans for key categories that optimize value delivery from suppliers.
- Measures and reviews supplier performance and leads supplier continuous improvement programs ensuring suppliers meet quality requirements and applicable regulatory requirements.
- Communicates market fluctuations and any related commodities problems.
- Provides functional advice to less experienced buyers when necessary.
- Prepares required information regarding purchasing impact on financial reporting and assist in financial statement preparation.
- Other duties as assigned.
SUPERVISORY RESPONSIBILITIES Potential to supervisor assigned team members and provides guidance to less-experienced buyers on their team. MINIMUM REQUIREMENTS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Bachelor's degree in Supply Chain Management or related field Five (5) years of related experience Or equivalent combination of education and experience COMPETENCIES
- Comprehensive knowledge of material management and procurement function
- Skill in analyzing market trends
- Strong analytical, quantitative, problem solving, and technical skills to interpret data, analyze trends, and provide solutions
- Strong negotiation skills
- Strong organizational and time management skills
- Proficiency in Microsoft Office Suite and a enterprise resource planning (ERP) program
WORK ENVIRONMENT / PHYSICAL ACTIVITY
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Work is mainly in an office setting, but subject to both typical office environment and outside locations with temperature and weather variations.
- Must be able to lift and carry up to 25 pounds frequently and on occasion up to 80 pounds.
- Occasional travel by car or plane may be required.
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