The Senior Buyer plays a crucial role in the manufacturing industry by managing the procurement process and ensuring that the company acquires high-quality materials at competitive prices. This position requires a strategic thinker with extensive experience in sourcing and supplier management. The Senior Buyer will collaborate with various departments to understand their needs and ensure that procurement aligns with the overall business objectives. The ideal candidate will have a strong background in negotiation and supplier relationship management, as well as a keen understanding of market trends and pricing strategies.
Responsibilities:
- Develop and implement procurement strategies that align with the company's goals.
- Identify and evaluate potential suppliers to ensure quality and cost-effectiveness.
- Negotiate contracts and terms with suppliers to secure favorable conditions.
- Monitor market trends and adjust procurement strategies accordingly.
- Collaborate with internal departments to forecast material needs and manage inventory levels.
- Conduct regular supplier performance reviews and address any issues that arise.
- Ensure compliance with company policies and industry regulations in procurement processes.
- Prepare and present procurement reports to senior management.
- Manage the procurement budget and track expenditures.
- Develop strong relationships with suppliers to foster long-term partnerships.
Preferred Candidate:
- Proven experience in procurement or purchasing roles, preferably in manufacturing.
- Strong negotiation and communication skills.
- Ability to analyze data and make informed purchasing decisions.
- Excellent organizational and time management skills.
- Proficiency in procurement software and tools.
- Strong understanding of supply chain management principles.
- Ability to work collaboratively in a team environment.
- Detail-oriented with a focus on accuracy.
- Adaptability to changing market conditions.
- Leadership qualities to mentor junior buyers.
Skills
- Strong negotiation skills
- Analytical thinking
- Supplier relationship management
- Proficiency in procurement software
- Knowledge of market trends
- Excellent communication skills
- Project management abilities
- Understanding of supply chain dynamics