What are the responsibilities and job description for the Commodity Buyer position at IMS Gear SE and Co. KGaA?
Title : Commodity Buyer
Job Location : Gainesville, GA
We are seeking a skilled and strategic Commodity Buyer to join our Global Purchasing team. The ideal candidate will leverage market insights and supplier relationships to develop cost-savings initiatives, mitigate supply chain risks, and meet organizational objectives.
Key Responsibilities :
As Commodity Buyer for IMS Gear, you will play a pivotal part in the overall responsibility for the strategic sourcing of assigned commodities to support procurement requirements through source selection, supplier relationships, cost reduction, negotiation, delivery and quality performance.
- Leading Annual price negotiations and ensuring annual price negotiation target for the assigned commodities.
- Perform cost and value analysis in cooperation with other departments, centers, and product teams.
- Responsible for the issuance of RFQ's to identify and implement localization opportunities.
- Draft and negotiate contracts with suppliers, including terms of delivery, payment terms, delivery conditions, and warranties. Ensure contracts and agreements comply with company policies and legal requirements.
- Regular reporting of required KPIs, to monitor objectives with data and timing.
- Generate reports on procurement activities, including expenditure, supplier performance, and inventory levels.
- Close cooperation with internal interfaces such as project and sales management, engineering and the production plants.
- Supports the production departments with supplier complaints and warranties.
- Build and maintain strong relationships with key suppliers, ensuring ongoing collaboration and performance.
- Market and product research for assigned commodities to identify new suppliers in Americas / NAFTA.
- implementation of the material group and supplier strategy for the assigned material groups in NAFTA.
- Identify and mitigate risks related to supply chain disruptions, such as supplier insolvency or geopolitical issues.
Qualifications :
Knowledge, skills, and abilities :
Note : The above information is a summary of the job description and not intended to be all-inclusive. Employees may perform other duties necessary to meet the needs of the organization.
Benefits to working here :
IMS Gear provides full-time employees with the opportunity to save for their retirement through our 401k plan that includes an employer match up to 6%. We offer medical, dental, and vision insurance plans and employer paid Life Insurance with AD&D, Short-Term Disability, and Long-Term Disability. Other benefits include an Employee Assistance Program, wellness program, generous Paid Time Off and paid holidays.
IMS Gear is an equal opportunity employer committed to diversity and inclusion. We embrace individuals from all backgrounds and provide employment opportunities without regard to race, color, religion, gender, gender identity, national origin, age, disability, genetic information, marital status, sexual orientation, or veteran status.
If you are looking for a rewarding experience, please come join our team!