What are the responsibilities and job description for the Senior Buyer position at ELITechGroup Inc.?
Summary
Supports the procurement process by sourcing, negotiating, and purchasing of assigned commodities and services to ensure that company operational needs are met, while considering quality, price, and on time delivery.
Essential Duties and Responsibilities
- Supplier Management
- Develops, updates, and implements effective sourcing strategies to ensure a continuous supply of quality, competitively priced materials and services.
- Plans, sources, and negotiates purchases for raw materials, equipment, supplies, and services in accordance with departmental policies and procedures ensuring that the procurement activities align with the company's goals and objectives.
- Issues purchase orders to suppliers and coordinates to ensure scheduled receipt to support company manufacturing objectives.
- Coordinates with suppliers to manage discrepant material.
- Conducts searches for new suppliers of goods and services, evaluates their capabilities, assesses risk, and qualifies as necessary.
- Manages and maintains relationships with existing suppliers, monitoring their performance and quality, and tracking purchases.
- In-house Collaboration
- Works with Engineering, Manufacturing, and Quality Assurance to resolve supplier issues.
- Understands ERP process and works with Planning to ensure production and inventory control requirements align with purchasing deliverables.
- Assists other departments with problem resolution involving discrepancies between purchase order, delivered quantity, quality and/or price.
- Logistics
- Assures best value domestic and international freight selection as it applies to assigned purchase orders (Inbound).
- Other
- Reports department KPIs monthly.
- Assists with reviewing and updating procurement policies and procedures.
- Identifies cost savings opportunities and assists in achieving yearly cost reduction targets set by management.
- Reviews and modifies demand forecasts for inventory items and reporting tools.
- Ensures ERP accuracy, including lead-time, pricing, current supplier information, current purchase order data, etc.
- Always maintains confidentiality and projects a professional image.
- Assists with related special projects, as required.
Qualifications
Education and/or Experience
- Bachelor's degree in Business, Supply Chain Management or equivalent; and one to three years' related experience; or equivalent combination of education, training, and experience.
- Excellent computer skills, including proficiency in Microsoft Office Suite.
Preferred Qualifications
- Demonstrated knowledge of FDA / USDA regulations as it applies to import logistics.
- Experience working in a manufacturing environment.
- Medical device/pharmaceutical industry experience.
- CPSM certification.
- Strong knowledge of procurement best practices, market trends, and supplier management.
- Proven experience as a Buyer or in a similar procurement role, preferably in a senior capacity.
- Familiarity with legal and regulatory requirements related to procurement.
- Experience in vendor management, contract negotiation, and cost savings initiatives.
Work Environment
While performing the duties of this job, the employee is not exposed to environmental conditions. The noise level in the work environment is usually moderate.