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Commodity Buyer

Company:
Sterling Engineering
Location:
La Grange, IL, 60525
Posted:
April 17, 2024
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Description:

Ask yourself:

1. "Do you have a knack for understanding how things are made and figuring out the parts and components that are needed to do so?

2. Have you worked with critical machine parts on an Intellectual Property capacity?

3. Do you know Category inside and out and are able to come up with sourcing strategies?

4. Are you comfortable in a high volume and fast paced environment?

If you answered, “yes” to these questions, let’s connect!

Job Purpose

Position develops, leads, maintains, and seeks approval of sourcing strategies from functional management; continuously optimizes the Total Cost of Ownership; actively participates to the pre-bid and bid processes, up to Aftermarket phase; monitor supplier’s performance; resolves chronic problems regarding quality and supply; leads make/buy process up to approval from Senior VP.

Key Job Elements

Negotiates price and terms with suppliers

Act with sense of urgency to cut purchase order on time

Initiates and implements cost reductions on supplier products

Develop new and maintains current qualified suppliers for assigned commodities

Procures quality material to support demand requirements

Establishes and maintains supply base with capacity/capability to support requirements

Troubleshoots to resolve issues relating to assigned vendors and their parts

Responds quickly to changing production and aftermarket customer needs

Coordinates execution of engineering changes affecting purchased material

Coordinates with Supply Chain to control inventory by lead times, lot sizes, MOQs, etc.

Monitors raw material/alloy trends, using this to manage part pricing to minimize cost

Negotiates settlement on material issues due to quality, scheduling, or other causes

Qualifications & Experience

Bachelor's degree in Engineering or Engineering focus preferred

Experience of ERP systems and MS office product

Prior experience in direct purchasing of industrial products

Ability to interface with clients

SAP exposure

Ability to read (or learn to read) blueprints and understand basic Engineering documents

Experience with demand forecasting and inventory management

Ability to travel less than 25% domestically

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