Electrical Insulators Commodity Buyer

Job Description Summary

Electrical Insulators Commodity Buyer

This position is responsible for deploying and developing the commodity strategy for its assigned commodities, for this specific position electrical insulators. The role of the Commodity Buyer is to manage relationships / negotiation with suppliers, pilot the utilization of supplier panel in programs and series production during sourcing, and ensure supplier performance.

Job Description

Electrical Insulators Commodity Buyer

This position is responsible for deploying and developing the commodity strategy for its assigned commodities, for this specific position electrical insulators. The role of the Commodity Buyer is to manage relationships / negotiation with suppliers, pilot the utilization of supplier panel in programs and series production during sourcing, and ensure supplier performance.

• Responsible for subcontract sourcing, proposal evaluation, negotiation, award, execution, and administration of subcontract purchase orders from new part production to production environment.
• Timely procurement and on-time delivery performance for assigned commodities/ supplier with annual spend of $10 million.
• Leads the activities that support production needs impacted by vendor performance with minimal impact to inventory position.
• With his/her direct manager participate to negotiation of strategic agreements with vendor for stocking and pricing agreements.
• Assesses vendor performance and leads vendor improvement activities to reduce risks to production and ensure Terms and Conditions of Purchase are upheld.
• Identifies strategies and opportunities to reduce cost, improve efficiency and manage risk through strategic and targeted negotiations.
• Cultivates and maintains strong working relationships with suppliers, internal stakeholders, operations, engineering and quality.
• Manages invoice to pay process by ensuring 1) Pay Terms are accurate and 2) Release of payments 3) Resolving any discrepant matters preventing payment.
• Other duties as assigned.

• Ability to comprehend, understand Engineering Data and assess required flow downs to vendors.
• Ability to comprehend, understand Customer commercial data and assess required flow downs to vendors.
• Experience working with SAP (ERP) system.
• Experience understanding technical data.
• Experience managing supplier development activities.
• Demonstrate contract negotiation with savings.
• Knowledge of commodity markets
• Negotiation Skills
• Vendor relationship management
• Understanding of the Procurement lifecycle
• Understanding of Procurement Compliance activities
• Attention to detail and project management skills.
• Excellent presentation and communication skills
• Problem solving, and reporting skills.

• Site Sourcing Leader

• Bachelor's degree (in supply chain or engineering is a plus)
• 3+ years of progressive build to print/subcontracts/procurement experience or total of 10 years of relevant experience