Demo

Buyer - Sourcing & Procurement

Fives
Hebron, CT Full Time
POSTED ON 12/14/2024 CLOSED ON 1/12/2025

What are the responsibilities and job description for the Buyer - Sourcing & Procurement position at Fives?

Position Summary

Accountability:

This position is responsible for procuring, negotiating, and maintaining of various commodities, inventory and expense, to support market sales of Fives Cincinnati products.

Location:

On-site in Hebron, KY, about 20 minutes south of Cincinnati, OH.

Scope and Responsibilities:

Essential duties include, but are not limited to the following:

  • Proactively attains a safe and healthy work environment for all employees.
  • Generate and adjusts purchase orders for assigned commodities requirements.
  • Input, maintain and adjust records or transactions to ensure system validity.
  • Evaluate material requirements for assigned commodities.
  • Negotiate lead time and stocking levels for assigned commodities.
  • Generate request for quotation, negotiates with and selects suppliers.
  • Compile, summarizes and communicates supplier performance.
  • Work with suppliers (and potentially cross-functional internal teams) to address lead time reduction, want date integrity, quality performance, cost reduction efforts and technical improvements.
  • Consolidate suppliers to reduce supplier base, while still maintaining at least two sources allowing competitive conditions for commodities.
  • Investigate and evaluates new supplier sources in cooperation with Quality & Engineering personnel.
  • Audit suppliers with Quality and Engineering personnel making sure quality processes and procedures are in place to provide the best quality and value.
  • Handle supplier credit problems and invoice errors.
  • Compile data and prepares reports as requested and required.
  • Communicate and interfaces with departments, personnel and suppliers on a routine basis.
  • Maintain regular and predictable attendance.
  • Ability to work overtime and/or work on "off-shifts" as required by business need.
  • Ability to work and interact with other people on a routine basis.
  • Carry out under general supervision broad and complex assignments requiring comprehensive knowledge in the field of specialization and of the organization in order to interpret and apply policies, as well as develop recommendations for change.


Education/Certification:

  • Associate's degree (A. A.) or equivalent from two-year college or technical school; or three to five years related experience and/or training; or equivalent combination of education and experience.


Experience:

  • Three to five years’ experience purchasing commodities for highly technical products. Machine tool experience preferred.


Skills:

  • Effective Negotiating
  • Good communication – written and verbal
  • Working knowledge of SAP
  • Good understanding of Lean Manufacturing concepts
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