What are the responsibilities and job description for the Buyer position at Fives DyAG Corp.?
Fives DyAG Corp is seeking a Buyer for our Wixom, MI office.
Summary
We are seeking a motivated and detail-oriented Buyer to join our team. As a Buyer at Fives DyAG Corp, you will be at the intersection of finance and procurement, playing a pivotal role in optimizing purchasing processes while ensuring financial efficiency and cost-effectiveness. The Buyer will be responsible for managing the purchase of goods and services necessary for our operations, ensuring that the company obtains the best possible value from our suppliers. The role requires strong technical knowledge, sound experience and people-skills, to effectively solve issues as they arise.
Job Responsibilities
Strategic Procurement Planning:
Fives Group, headquartered in Paris, France, is an industrial engineering Group with a heritage of over 200 years, designs and supplies machines, process equipment and production lines for the world's largest industrial groups including the aluminum, steel, tube and pipe, glass, automotive, aerospace, logistics, cement and energy sectors. In 2016, Fives achieved sales of $2 billion with a team close to 8,000 employees and a network of over 100 operational units in nearly 30 countries. Fives is known for its technological expertise and competence in executing international projects.
About Fives DyAG Corp.
Fives DyAG is an integrator with over 20 years of experience providing turnkey system solutions for industrial automation customer. Fives is specialized in error proofing, traceability, image capture management systems along with custom solutions to address customers unique needs.
Summary
We are seeking a motivated and detail-oriented Buyer to join our team. As a Buyer at Fives DyAG Corp, you will be at the intersection of finance and procurement, playing a pivotal role in optimizing purchasing processes while ensuring financial efficiency and cost-effectiveness. The Buyer will be responsible for managing the purchase of goods and services necessary for our operations, ensuring that the company obtains the best possible value from our suppliers. The role requires strong technical knowledge, sound experience and people-skills, to effectively solve issues as they arise.
Job Responsibilities
Strategic Procurement Planning:
- Develop and implement procurement strategies aligned with the company's financial objectives and operational requirements.
- Conduct market analysis and supplier evaluations to identify cost-saving opportunities and mitigate financial risks.
- Create, review, and issue purchase orders based on requisitions and inventory levels.
- Monitor and manage purchase orders to ensure timely delivery and accuracy.
- Resolve any discrepancies between purchase orders and supplier invoices.
- Analyze procurement data, trends, and expenditures to track budgetary performance and identify areas for cost optimization.
- Collaborate with finance teams to develop and manage procurement budgets, forecasts, and financial models.
- Research and assess potential suppliers to ensure they meet the company's standards for quality, reliability, and ethical practices.
- Negotiate favorable terms and pricing with suppliers to optimize cost savings without compromising quality or delivery timelines.
- Draft and review supplier contracts, ensuring compliance with financial policies and regulatory requirements.
- Maintain an up-to-date supplier database, including contact information, pricing, and performance records.
- Perform supplier audits and evaluations as required.
- Assess and mitigate financial and operational risks associated with procurement activities, including supplier dependencies, price volatility, and supply chain disruptions.
- Ensure compliance with regulatory standards, internal policies, and industry best practices in procurement and financial management.
- Collaborate closely with finance, accounting, operations, and other departments to align procurement activities with overall business objectives.
- Provide financial insights and recommendations to support decision-making across functional areas.
- Drive continuous improvement initiatives to enhance procurement processes, systems, and controls.
- Implement tools and technologies to streamline procurement workflows and increase efficiency.
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
- Ideally a minimum of 5 years of experience as a Buyer in an OEM organization or a similar role of procurement, finance, or supply chain.
- Excellent negotiation and contract management skills, with a track record of achieving cost savings and value creation.
- Proficiency in procurement software and Microsoft Office with an emphasis on Excel.
- Ability to analyze data and make informed decisions.
- Excellent organizational skills and attention to detail.
- Ability to work independently and manage multiple tasks simultaneously.
- Strong communication and interpersonal skills, with the ability to collaborate effectively across teams.
- Strategic mindset and problem-solving abilities, with a focus on driving results and delivering value.
- Experience with ERP systems.
Fives Group, headquartered in Paris, France, is an industrial engineering Group with a heritage of over 200 years, designs and supplies machines, process equipment and production lines for the world's largest industrial groups including the aluminum, steel, tube and pipe, glass, automotive, aerospace, logistics, cement and energy sectors. In 2016, Fives achieved sales of $2 billion with a team close to 8,000 employees and a network of over 100 operational units in nearly 30 countries. Fives is known for its technological expertise and competence in executing international projects.
About Fives DyAG Corp.
Fives DyAG is an integrator with over 20 years of experience providing turnkey system solutions for industrial automation customer. Fives is specialized in error proofing, traceability, image capture management systems along with custom solutions to address customers unique needs.
