IDEAL INDUSTRIES, INC.

  • Senior Buyer

    Job Locations US-IL-Sycamore
    Posted Date 1 month ago(6/4/2019 7:29 PM)
    ID
    2019-2120
    # of Openings
    1
    Type
    Regular Full-Time
    Shift
    1st
  • Overview

    IDEAL INDUSTRIES, INC. has been propelled by the principles of its founder, J. Walter Becker, for nearly a century. Since the beginning, this family-run enterprise has been committed to building ideal relationships with its customers, employees and communities, creating some of the industry’s most innovative and trusted products along the way. This commitment to quality and service will continue to spur the success of IDEAL INDUSTRIES, INC. and its family of companies, for generations to come.

     

    IDEAL has made its mark by developing the iconic products and practical technology demanded by critical industries like data communications, aerospace, electrical, wire processing, automotive, construction and more.  Since the beginning, IDEAL INDUSTRIES has been a growing, energetic company, and that’s never been more true than today. It’s always been a compelling place to work and we’re poised for even more growth as we continue to move across the globe. With growth comes opportunity—and at IDEAL INDUSTRIES, the opportunity can be yours. 

     

    The Senior Buyer is responsible for all buying, procurement, and purchasing activities of raw materials, equipment, purchased parts, machinery and supplies for the organization. The position negotiates supplier contracts to achieve cost reductions, improved payment terms, inventory reduction, and terms and conditions most favorable to the Company. This position is responsible for the oversight, analysis and coordination of materials management. This position reports to the Business Unit Manager.

    Responsibilities

     

    SUMMARY OF POSITION

     

    The Senior Buyer  is responsible for ensuring the continuity of global supply  for raw materials and purchased parts for the organization  within the assigned supply base while achieving company targets on cost reductions, payment terms, inventory reduction, and contractual/commercial terms while mitigating risks to the Company. Additionally, this position is responsible for representing the function as a Business Partner to support other cross functional initiatives when needed.

     

    • Implement Procurement Policy Definition and ensure compliance.  
    • Responsible for managing assigned spend using Category Management process utilizing a Total Cost of Ownership methodology.
    • Relationship owner for assigned suppliers ensuring alignment with Company goals and internal escalations regarding Delivery, Quality, Cost, and Risk.
    • Business Partner with Marketing/Product Management/Engineering for technology screening and part requirement development for new and existing product road map.  
    • Drive Company supplier assessments and auditing process with cross functional support.
    • Conduct timely negotiations with assigned supply base to support Company cost management process on annual and as needed basis.
    • Contracting (Supplier on boarding, NDA, Supply Agreement) and Contract Compliance
    • Supports New Product Introductions
    • Analyze and present make/buy recommendations to management.
    • Represent the function as the subject matter expert when it relates to your assigned categories or commodities which includes commodity market, commodity risks, trends, and cost drivers.
    • Support ISO audits as required.
    • Participate as a member of a Project Team and/or Cross Functional Team as required.
    • Perform other related duties as assigned

    Qualifications

    • Bachelor’s Degree, preferably in Business or Supply Chain or equivalent in related field.
    • Minimum 7 years within an ISO certified manufacturing environment in strategic sourcing, procurement or purchasing role with minimum 3 years’ experience in international procurement.
    • Professional certifications are preferred but not required.
    • Requires a working knowledge of ERP functionality.
    • Must be proficient in Microsoft Office Suite specifically Excel (i.e. pivot tables, v look up), Word, PowerPoint, and preferably MS Project.
    • Must be able to communicate and present to all levels of management.
    • Must have a high attention to detail.

    KNOWLEDGE, SKILLS AND ABILITIES

    • Working knowledge of 7 step strategic sourcing/category management process.
    • Experience in various manufacturing processes (injection molding, metals, stampings, castings, packaging, private labels relationships) and MRO (including Freight)
    • Understanding of risk and cost drivers in subject commodities or categories.
    • Experience in working with Marketing, Product Management, Engineering in cross functional role to define requirements and sell the role as Business Partner
    • Working knowledge of Contract Management principles and practices
    • High proficiency in Excel to mine and manage data.
    • Apply principles of logical thinking to solve practical problems
    • Must be able to read, understand and communicate in English
    • Travel up to 20% of the time, including occasional international travel
    • Excellent verbal and written communication skills
    • Ability to manage multiple conflicting priorities

     

    IDEAL INDUSTRIES is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.

     

    Options

    Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
    Share on your newsfeed

    Connect With Us!

    Not ready to apply or would you like information on future opportunities? Connect with us for general consideration.