Koch Industries

Advanced Purchasing Specialist

Koch Industries$80K — $100K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 2+ years in sourcing, procurement, or advanced purchasing
  • Bachelor's degree in engineering or supply chain management
  • Foundational understanding of purchasing principles across various commodities
  • Experience in fast-paced, multi-program environments
  • Familiarity with SAP or similar procurement systems
  • Ability to travel up to 10%

Responsibilities

  • Lead sourcing activities for new product introductions
  • Collaborate with engineering, project & product management, and manufacturing teams
  • Identify, evaluate, and develop new suppliers for emerging programs
  • Negotiate pricing, tooling investments, and contracts
  • Identify supply chain risks and develop mitigation strategies
  • Manage prototype sourcing and track procurement milestones
  • Develop capabilities aligning with PBM principles

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Flexible spending and health savings accounts
  • Life insurance, AD&D, and disability coverage
  • Retirement plan options
  • Paid vacation and time-off policies
  • Educational assistance opportunities
  • Support for infertility, paid parental leave, and adoption assistance
Full Job Description
Your Job

As an Advanced Purchasing Specialist supporting New Product Development (NPD), you will play a critical role in bringing innovative products to life. You'll partner closely with engineering, procurement, and category management teams in Lisle and across global regions to develop sourcing strategies that ensure flawless product launches.

This is a high-impact, high-visibility individual contributor role supporting multiple product lines, commodities, and global programs simultaneously. Success in this role requires agility, strong organization, and the ability to thrive in a fast-paced environment with multiple BOM revisions and shifting priorities.

If you enjoy influencing design decisions, building global supplier partnerships, and driving cost competitiveness from concept to launch, this is the opportunity for you.

Location: This role can be filled in either Lisle, IL or Naperville, IL and follows a five-day workweek, with one remote day per week in accordance with company policy.

What You Will Do

Strategic Sourcing Leadership
  • Lead sourcing activities for new product introductions, creating sourcing roadmaps aligned with product lifecycles
  • Partner with Category Management, Engineering, Project & Product Management and other key stake holders to execute strategies that drive value and ensure seamless product launches

Cross-Functional Collaboration
  • Collaborate with engineering, project & product management, and manufacturing teams
  • Influence design decisions to optimize supplier capabilities, cost, and manufacturability

Supplier Management & Development
  • Identify, evaluate, and develop new suppliers for emerging programs
  • Manage and strengthen existing supplier relationships to ensure quality, delivery, and cost performance

Cost Management & Negotiation
  • Negotiate pricing, tooling investments, and contracts to ensure total cost competitiveness
  • Conduct detailed cost breakdown analyses and Total Landed Cost evaluations
  • Drive margin improvement through leverage creation and implementation of VA/VE initiatives

Risk Mitigation
  • Identify supply chain risks related to materials, processes, and supplier capacity
  • Develop mitigation strategies before product transition to manufacturing

Project Execution
  • Manage prototype sourcing and track procurement milestones to support on-time launches
  • Navigate multiple BOM revisions and shifting program priorities with precision and organization

Continuous Improvement
  • Develop your capabilities in alignment with PBM principles
  • Contribute to a culture of innovation, value creation, and operational excellence


Who You Are (Basic Qualifications)

  • 2+ years of experience in sourcing, procurement, or advanced purchasing
  • Bachelor's degree in engineering or supply chain management or equivalent
  • Foundational understanding of purchasing principles with the ability to work across various commodities
  • Experience working in fast-paced, multi-program environments
  • Experience with SAP or similar procurement systems
  • Potential travel up to 10%


What Will Put You Ahead

  • Experience sourcing industrial, metal, mechanical, injection molded, or related commodities
  • Experience working with commodities related to injection molding, stamping, machining, electronics, PCB, films, adhesives, foams and converting.
  • Background supporting automotive, consumer, commercial, or industrial product environments
  • Strong expertise in supplier negotiations focused on BOM cost optimization and margin improvement
  • Experience performing cost breakdown and total landed cost analysis
  • Exceptional communication, influence, and persuasion skills
  • Ability to manage multiple commodities and programs simultaneously with strong organizational discipline


For this role, we anticipate paying $80,000 - $100,000 per year. This role is eligible for variable pay, issued as a monetary bonus or in another form.

At Koch companies, we are entrepreneurs. This means we openly challenge the status quo, find new ways to create value and get rewarded for our individual contributions. Any compensation range provided for a role is an estimate determined by available market data. The actual amount may be higher or lower than the range provided considering each candidate's knowledge, skills, abilities, and geographic location. If you have questions, please speak to your recruiter about the flexibility and detail of our compensation philosophy.

Hiring Philosophy

All Koch companies value diversity of thought, perspectives, aptitudes, experiences, and backgrounds. We are Military Ready and Second Chance employers. Learn more about our hiring philosophy here .

Our Benefits

Our goal is for each employee, and their families, to live fulfilling and healthy lives. We provide essential resources and support to build and maintain physical, financial, and emotional strength - focusing on overall wellbeing so you can focus on what matters most. Our benefits plan includes - medical, dental, vision, flexible spending and health savings accounts, life insurance, ADD, disability, retirement, paid vacation/time off, educational assistance, and may also include infertility assistance, paid parental leave and adoption assistance. Specific eligibility criteria is set by the applicable Summary Plan Description, policy or guideline and benefits may vary by geographic region. If you have questions on what benefits apply to you, please speak to your recruiter.

Additionally, everyone has individual work and personal needs. We seek to enable the best work environment that helps you and the business work together to produce superior results.

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About Koch Industries

Koch Industries, Inc. is an American privately-held multinational conglomerate corporation based in Wichita, Kansas. Its subsidiaries are involved in the manufacturing, refining, and distribution of petroleum, chemicals, energy, fiber, intermediates and polymers, minerals, fertilizers, pulp and paper, chemical technology equipment, ranching, finance, commodities trading, and investing. Koch owns Infor, Invista, Georgia-Pacific, Molex, Flint Hills Resources, Koch Pipeline, Koch Fertilizer, Koch Minerals, Matador Cattle Company, i360, and Guardian Industries. The firm employs 120,000 people in 60 countries, with about half of its business in the United States. The company is the largest non-Canadian landowner in the Athabasca oil sands. With annual revenues of $110 billion by 2014, the company is the largest privately held company in the United States. In 2007, it was ranked as the largest privately held company. If Koch Industries had been a public company in 2013, it would have ranked 17th in the Fortune 500. The company was founded by its namesake, Fred C. Koch, in 1940 after he developed an innovative crude oil refining process. Fred C. Koch died in 1967 and his majority interest in the company was split amongst his four sons. In June 1983, after a bitter legal and boardroom battle, the stakes of Frederick R. Koch and William "Bill" Koch were bought out for $1.1 billion and Charles Koch and David Koch became majority owners in the company. Charles owns 42% of the company; trusts for the benefit of Elaine Tettemer Marshall and Elaine's children, Preston Marshall and E. Pierce Marshall Jr., own 16% of the company. The heirs of David Koch, who died on August 23, 2019, own the balance, 42%, of the corporation.
Learn more about Koch Industries
Industry
Founded
1940

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