Commodity Buyer

Hendrickson USA, LLC

$79K — $130K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or MBA in Business or related field.
  • Supply Chain concentration preferred.
  • Professional designations or Certifications preferred.
  • 2+ years of supply chain experience required.
  • Competence with Microsoft Office software essential.
  • Familiarity with IATF-16949 or regulated manufacturing environments.
  • Strong negotiation skills demonstrated.,

Responsibilities

  • Lead cost reduction efforts for assigned materials.
  • Minimize excess and obsolete inventory through strategic actions.
  • Develop and manage contractual relationships with suppliers.
  • Enhance relationships between Hendrickson Truck and key suppliers.
  • Efficiently close supply base related issues.
  • Assess and recommend supply base changes to reduce costs.
  • Monitor market trends for assigned commodities.

Benefits

  • Opportunities for professional development and training.
  • Collaborative work environment.
  • Support for work-life balance.
  • Participation in warranty recovery programs.
  • Comprehensive documentation guidelines for smoother processes.
Full Job Description
The Truck Commercial Vehicle Systems Group of Hendrickson is looking for a Commodity Buyer to join our purchasing team in Woodridge, IL.

Hendrickson is searching for an experienced supply chain professional to perform the strategic purchasing functions for assigned commodities, projects, and/or new product development programs. Works cross-functionally with all functional groups to manage supplier related opportunities. Responsible for developing optimal supply chain solutions for assigned purchased material. Takes an active role in improving processes and procedures to improve the overall effectiveness of the department.

The Commodity Buyer will:
  • Lead material cost reduction activities for assigned purchased material. Expected to independently identify cost reduction opportunities on a regular basis.
  • Takes steps to minimize excess and obsolete inventory when usage is decreasing and negotiates to reduce costs when usage is increasing.
  • Identifies and leverages opportunities by developing and managing contractual relationships as needed.
  • Develop, foster, and enhance multi-departmental relationship(s) between Hendrickson Truck and key suppliers.
  • Closes open supply base related issues efficiently and effectively.
  • Assess current supply base on an on-going basis and recommend changes/alternatives that reduce purchased material cost and/or add higher value to purchased components.
  • Monitor the marketplace for assigned commodities to identify trends, technology advancements, risk mitigation strategies, and cost-efficient alternatives to the status quo.
  • Lead cross-functional analysis to prepare recommendation(s) for make vs. buy decisions.
  • Consistently collaborates with other Hendrickson divisions to identify and leverage total spend and/or standardization opportunities that will reduce overall costs to Hendrickson.
  • Ensure an uninterrupted supply of materials to production facilities through strategic management of the supply base.
  • Completes risk analysis and risk mitigation projects to protect Hendrickson supply.
  • Completes all purchasing tasks involved with the engineering change request process (e.g., RFQ, negotiation of costs and timing, supplier PPAP, etc.).
  • Coordinate all aspects of Hendrickson "Warranty Recovery" Program regarding established warranty parameters for assigned commodities.
  • Clearly documents relevant information about assigned parts and suppliers per department documentation guidelines.
  • Maintains pricing agreements for all assigned purchased material and resolves any invoice discrepancies in a timely manner.
  • Monitor and account for all fluctuations in purchase price variance (PPV) for assigned purchased material.
  • Other duties as assigned.

The successful candidate will possess:
  • Bachelor's degree or MBA in Business or related field.
  • Supply Chain concentration preferred.
  • Professional designations or Certifications by recognized Purchasing organizations preferred.
  • 2+ years of related supply chain work experience.
  • Competence with Microsoft Office software required.
  • Familiar with and working experience in an IATF-16949 or other Quality regulated manufacturing environment.
  • Demonstrated negotiation success.
  • Proficient in reading blueprints for engineered components.
  • Demonstrated interpersonal and problem-solving skills required.
  • Ability to plan, prioritize, and manage workload with independence.
  • Highly competent communicator.
  • Proven ability to concisely summarize, present, and discuss analysis & recommendations.
  • High energy level and strong self-motivation.
  • High standards of integrity required.
  • Planning and organizational skills with an ability to handle a multitude of projects.

Physical demands of this role:
  • Frequent sitting and working at computer for extended periods of time.
  • Office setting.
  • Minimal exposure to R&D lab and manufacturing setting.


In accordance with applicable pay transparency laws, the salary range for this position is $79,000-130,000 annually depending on experience. Final compensation will be determined based on factors such as experience, education, qualifications, and other job-related criteria. This pay range is provided to ensure transparency and compliance with local, state, and federal regulations.

LIFE AT [H] - Hendrickson Careers

https://www.hendrickson-intl.com/work-for-us/life-at-hendrickson

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