What are the responsibilities and job description for the Steel Buyer position at MORTON INDUSTRIES?
Job Details
Steel Buyer
Integrity In Action
We do the right thing, even when no one is looking.
Focused on Team Success
We achieve company goals through camaraderie and serving together.
Driven to Deliver
We fulfill our commitments with exceptional effort.
Consistent Progress
We are dedicated to the ongoing improvement of our people and processes.
Professional Authenticity
We bring excellence using our individuality.
Join the best team around!
Through nearly 80 years, Morton Industries has built a reputation for excellence in tube, sheet, and enclosure fabrication. From supplying established off highway OEMs to brand new startups and everything in-between across the globe, your expertise makes a mark on history.
With 5 facilities across the United States to better serve our customers, we maintain a consistent culture of team success. As a part of Morton Industries, you will be a part of a highly valued team of experts with limitless opportunity. Our professional authenticity drives our unique dedication to ongoing improvement of our people, valuing both your needs and the needs of our customers.
Morton Industries is hiring for a Steel Buyer!
Morton offers:
Low Insurance Premiums on Medical, Dental, and Vision
Short Term and Long-Term Disability
Hospital, Critical Illness, and Accident Coverages
Paid Time Off
Paid Holidays
Company Paid Life Insurance
401K Match
Paid Bereavement
Job Summary:
As a Steel Buyer, you will play a critical role in securing high-quality steel materials at competitive prices, ensuring our manufacturing operations have a consistent and reliable supply of raw materials to meet production demands. This position requires a comprehensive understanding of the steel market, strong negotiation skills, and the ability to manage supplier relationships to optimize cost and quality while adhering to strict delivery timelines.
Key Responsibilities
Market Analysis and Procurement Strategy:
- Continuously monitor steel market trends, including price fluctuations, availability, and emerging technologies to identify potential cost-saving opportunities.
- Develop and execute strategic sourcing plans to secure optimal steel supplies, considering factors like quality, quantity, delivery schedules, and market conditions.
- Conduct detailed analysis of steel specifications and requirements based on production needs, collaborating with engineers and production teams to ensure accurate procurement.
Supplier Management:
- Identify and qualify new steel suppliers based on quality standards, pricing, delivery capabilities, and financial stability.
- Build and maintain strong relationships with key suppliers, negotiating contracts, price terms, and delivery schedules to optimize value.
- Regularly evaluate supplier performance through quality audits, delivery timeliness, and cost analysis, addressing any issues proactively.
- Implement supplier performance metrics to track and incentivize quality improvements.
Negotiation and Contract Management:
- Lead negotiations with suppliers to secure favorable pricing, payment terms, and delivery conditions.
- Draft and manage steel purchase orders, ensuring compliance with contract specifications and company policies.
- Resolve any contract disputes or discrepancies with suppliers in a timely and efficient manner.
Cost Optimization and Inventory Control:
- Analyze steel usage patterns and forecast future needs to optimize inventory levels and minimize carrying costs.
- Identify and implement cost-saving initiatives, such as exploring alternative steel grades, negotiating volume discounts, and optimizing logistics.
- Monitor market fluctuations and adjust procurement strategies as needed to mitigate price risks.
Quality Assurance:
- Collaborate with quality control teams to establish and enforce strict quality standards for incoming steel materials.
- Conduct thorough inspections of steel deliveries, ensuring compliance with specifications and identifying potential quality issues.
- Implement corrective actions when necessary to address quality concerns with suppliers.
Data Analysis and Reporting:
- Utilize data analytics tools to track procurement metrics, including pricing trends, supplier performance, and cost savings.
- Prepare regular reports for management, providing insights into market conditions, procurement activities, and cost analysis.
- All other duties as assigned.
Morton Industries, LLC. is an Equal Opportunity Employer
Preferred Qualifications:
- Associate’s degree in business administration, Supply Chain Management, or 3 years’ experience in Procurement, preferably within a manufacturing environment.
- Demonstrated expertise in the steel market, including knowledge of different steel grades, specifications, and industry standards.
- Excellent negotiation and contract management skills.
- Proven ability to analyze data, identify trends, and make informed procurement decisions.
- Strong communication and interpersonal skills to effectively collaborate with internal stakeholders and external suppliers.
- Proficiency in ERP systems and Microsoft Office Suite.
Desired Skills:
- Experience with international steel sourcing and import/export procedures.
- Knowledge of lean manufacturing principles and cost-reduction strategies.
- Ability to work under pressure and manage multiple priorities effectively.
- Strong analytical and problem-solving skills.
- Familiarity with quality management systems (ISO standards).