Demo

Buyer

Malco Tools, Inc
Annandale, MN Full Time
POSTED ON 3/17/2025 CLOSED ON 4/16/2025

What are the responsibilities and job description for the Buyer position at Malco Tools, Inc?

Key Responsibilities:

  • Procure materials and components, negotiating vendor terms (price, lead-time, delivery, payment), managing order placement/delivery, and ensuring Operations has necessary supplies.
  • Address supply chain delays, monitor forecasts/trends, evaluate suppliers (price, quality, availability, reliability), and resolve 3-way match invoice discrepancies.
  • Collaborate with Quality Assurance, Engineering, and suppliers on material issues and non-conforming products (via Material Review Board), facilitating meetings and managing rework/returns.
  • Coordinate with internal teams (Accounting, Receiving, Engineering, QA, Tool and Die, Returns, Customer Service, Shipping, Operations) and participate in weekly department meetings to resolve discrepancies and ensure smooth operations.
  • Maintain accurate price lists, purchase orders, and revisions (via DCFs and ECRs), preparing reports on past-due orders, back-orders, and supplier delivery plans to meet performance goals.

Qualifications:

  • 2-year college degree; in lieu of degree, 3 years of highly relevant experience may be substituted.
  • Minimum of 3 years’ purchasing and planning experience in a manufacturing environment; relevant production experience is a plus.
  • Knowledge of ERP systems (Oracle recommended) for planning, purchase order processing, and sales order conversion.
  • Understanding of manufacturing flow/processes and basic ability to read blueprints.
  • Basic proficiency in Microsoft Office for communication, planning, and task management.

Preferred Attributes:

  • Strong problem-solving skills with basic root cause analysis capability.
  • Intermediate communication skills (written, verbal, phone, in-person) for effective collaboration with teams and suppliers.
  • Operational awareness of production rates and part usage, with ability to multitask and adapt to shifting priorities.
  • Certification in CPIM, CPSM, or CPM (e.g., through ASCM or ISM) or a 4-year college degree is beneficial but not required.

Compensation:

Malco Tools offers competitive wages. Compensation is based on performance and experience. The salary for this position is:

  • $62,000 - $80,000

Benefits and Perks:

Malco Tools recognizes the importance of offering comprehensive benefits and perks to its employees, including:

  • Paid time-off upon hire
  • 401k with company matching.
  • Medical/Dental/Vision Insurance
  • Company paid life insurance
  • Paid short-term disability.
  • Employee wellness program

At Malco, we value collaboration, results-oriented approaches, proactive behavior, and inclusivity. Safety is our top priority, demonstrating our commitment to the well-being of our employees and stakeholders. As an equal opportunity employer, we actively encourage applicants from diverse backgrounds and experiences to apply for this position. Join us in creating an inclusive and supportive workplace where diversity is embraced.

Our facility is located in the "Heart of the Lakes", which is known for its abundance of lakes, great shopping/dining opportunities, top rated schools, and a strong sense of community amongst area residents!

Salary : $62,000 - $80,000

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