Overview
The Buyer will perform purchasing of electronic components for manufacturing/production. The key functions include team/vendor communication and evaluation, and inventory forecasting and control. The Buyer will operate in a hands-on role executing purchasing of raw material electronic components from international suppliers.
Responsibilities
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Develop and maintain effective relationships with existing suppliers; evaluate and select new vendors. Work with suppliers to reduce order quantities while increasing order frequency to help with working capital and reduce risk on obsolescence issues.
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Proactively improve supplier On-Time Delivery. Identify supplier key metrics and implement improvement processes.
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Participate in the sales and operations planning process to ensure incoming material meets product volume and mix requirements.
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Participate in the design for manufacturing and value analysis/value engineering initiatives.
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Purchase and manage resources/vendors and all inventories (FG, WIP, Raw) to achieve team and business goals to support manufacturing.
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Maintain strong lines of communication with teammates, vendors, accounting, IT, QA, customer service and distribution to ensure that all ideas and issues are addressed.
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Maintain all material control-related systems to reflect changes of internal and external customer demand.
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Optimize and balance inventory levels to maximize key metrics; inventory turns, component availability and cost, transportation costs; limit excess and obsolete inventory.
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Ensure that materials are purchased at lowest cost, in specified quantity and quality, within scheduled dates while maintaining or improving component quality.
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Make recommendations on material cost reductions, value analysis, and value engineering opportunities driving analysis and approval.
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Follow-up and expediting of vendor deliveries when necessary.
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Develop and maintain accurate standard costs for all purchase components and assemblies.
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Advise management of industry competitive situations, alternative supply sources, commodity price trends and supply/demand situations.
· Perform all above duties in accordance with applicable directives and company policies.
Qualifications
· BS degree preferred, in materials management, business, or logistics a plus
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Minimum of 4+ year of experience of purchasing of electronic components as raw materials in a manufacturing company.
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Experience working with raw material suppliers ensuring best price of raw materials.
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Demonstrated ability to work in and be challenged by a team-based environment, which places a high degree of emphasis on accountability for customer service levels, inventory management, cost reduction, and quality compliance.
· Effective verbal and written negotiation and communications skills.
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Proficient in Microsoft Office applications.
· Highly developed problem-solving, analysis, and decision-making skills.
