Sr. Buyer

Job Description

The Senior Buyer plays a critical role in overseeing the procurement process, supplier relationships, and sourcing strategies to ensure efficient purchasing and cost-effective supply chain operations.

Responsibilities:

• Embraces and promotes the company's HSE requirements and culture.
• Prepares contract documents and bidders list, proactively seeks out and qualifies new potential bidders.
• Assembles and distributes requests for quotation from vendors.
• Purchases material and services at or below estimate using procurement processes while maintaining consistency with schedule requirements.
• Performs bid evaluations and issues purchase orders for complex type packages or commodities.
• Negotiates complex or large dollar value purchase orders for regional and/or international purchases.
• Assists with the evaluation, award, and conforming process.
• Resolves large claim or dispute events with vendors.
• May be responsible for soliciting budgetary pricing for equipment, material, or labor to support estimating/proposal efforts for a non-major project or projects.
• Represents the department in meetings with other functions/management.
• Provides leadership training and guidance for junior staff.
• May function as lead buyer for a project.
• Proactively recommends, supports, and implements improvements to tools, systems, and software to improve efficiency and maximize autonomy.
• Effectively exemplifies the company's Leadership Competencies.
• Actively seeks and utilizes an effective mentoring relationship(s).
• Establishes medium and long-term career and personal development goals.
• Enthusiastically seeks and accepts tasks and projects in rotations that allow for maximum experience and growth.

Procurement Management:

Develops and implements procurement strategies aligned with organizational objectives.

Conducts thorough market research and analysis to identify potential suppliers and evaluate their capabilities.

Coordinates with internal stakeholders to gather procurement requirements and specifications.

Reviews and analyzes purchase requisitions, ensuring accuracy and compliance with company policies.

Identifies cost-saving opportunities and negotiates contracts and pricing terms with suppliers.

Supplier Management:

Evaluates and selects suppliers based on quality, reliability, price, and delivery timelines.

Establishes and maintains strong relationships with suppliers through regular communication, resolving issues, and conducting performance evaluations.

Collaborates with suppliers to ensure timely delivery, quality assurance, and resolution of any supply chain disruptions.

Monitors supplier performance, identifies areas for improvement, and implements corrective actions.

Sourcing and Vendor Development:

Continuously monitors market trends and industry developments to stay updated on new sourcing opportunities and technologies.

Sources, evaluates, and onboards new suppliers to diversify the supplier base and minimize risk.

Develops and maintains a comprehensive vendor database, including performance metrics and supplier profiles.

Cross-functional Collaboration:

Collaborates with other departments, such as Production, Quality Assurance, and Finance, to ensure procurement needs are met.

Works closely with the Supply Chain Manager to align procurement activities with overall supply chain strategies and goals.

Provides guidance and support to junior members of the procurement team.

Compliance and Risk Management:

Ensures compliance with legal, ethical, and regulatory requirements pertaining to procurement and supply chain practices.

Identifies and mitigates potential risks in the supply chain, including disruptions, quality issues, and supplier dependencies.

Stays updated on relevant industry regulations, market trends, and best practices in procurement.