The Strategic Sourcing Buyer is responsible for the development and implementation of sourcing and procurement strategies, assessing supplier risk, and balancing inventory levels adequately against demand to meet production schedules.
The Strategic Sourcing Buyer is responsible for the development and implementation of sourcing and procurement strategies, assessing supplier risk, and balancing inventory levels adequately against demand to meet production schedules.
Essential Functions
Develop supply chain strategies – create and implement strategies for sourcing materials and services domestically and internationally that align with business objectives.
Identify new supplier opportunities for assigned projects and negotiate pricing, payment terms, contracts, etc., to bring the best overall value to the company.
Assess and mitigate risk within the supply chain to ensure continuity and stability.
Identify and develop process improvements within the supply chain by continuously improving techniques, methods, and approaches to procurement strategies.
Manage inventory levels for phase-in/phase-out opportunities for assigned product categories.
Participate in new product development process for the introduction and release of new products.
Actively manage product changes into production plans.
Coordinate with inventory buyers and supply chain leaders to identify and reconcile constraints, supply shortages, and their impact on customer fulfillment satisfaction (e.g., parts shortages, backorders).
Work closely with Quality Assurance to ensure suppliers meet and exceed quality standards and lead supplier performance appraisals.
Collaborate with internal stakeholders to develop and maintain operational SOPs.
Other duties assigned by management.
Supervisory Responsibilities
The position will not have direct reports.
Competencies/Qualifications
Strong communication skills (written & verbal) and ability to interact with all levels of the organization.
Excellent analytical & quantitative skills.
Ability to work independently with minimal direction and in a collaborative team setting.
Exceptional organizational skills to handle multiple competing priorities.
Detail-oriented and accurate.
Strong sense of urgency and ability to influence different business partners across multiple functions.
Work environment
The work environment characteristics described here represent those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee regularly works in a general office environment where typical levels of noise, dust, and activity can be expected. The noise level in this work environment is usually moderate. The employee may occasionally work in or pass through the manufacturing environment where typical levels of noise, dust, and activity can be expected. The noise level in this work environment is usually loud.
Physical Demands
The physical demands described here represent 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 essential functions. While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee is frequently required to stand, walk, use hands to finger, handle, or feel, and reach with hands and arms. The employee must occasionally lift and/or move items in excess of 30 pounds.
Travel required
No travel is required.
Required education and experience
Bachelor's degree in a Business, supply chain management, engineering, or related field and/or 5 years of experience in procurement, Strategic Sourcing, or Supply Chain Management.
Must be at least 18 years of age.
Experience with ERP/MRP systems.
Expertise in MS Excel required.
Experience managing critical supplier relationships in a fast-paced manufacturing environment.
Competitive compensation and benefits include medical/dental/vision insurance, 401k with employer contribution, PTO, paid Holidays, and an on-site fitness center.
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, obligations, and activities may change at any time, with or without notice.
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