OverviewPosition Summary:Responsible for developing and executing supply and/or vendor management strategies for specific commodities, which ensure appropriate product quality and enhance the company's ability to ship on time while reducing total cost and lead-time.
ResponsibilitiesKey Accountabilities: - Responsible for the development for supply strategies for each assigned commodity.
- Seeks solutions to minimize routine purchase transactions.
- Plays a key role in strategic cost management initiatives.
- Prepares analysis and plans for negotiations; leads in negotiation involving critical suppliers.
- Develops contracts and supply agreements that protect the company from excess inventory, insufficient supply, unfavorable payment terms, hidden costs and supplier non-conformance.
- Has a thorough understanding of assigned commodities including manufacturing processes, applications, global supply status, price trends, cost drivers and product migration paths.
- Identifies potential disruption in the supply chain due to changes in supplier's business including their strategic direction, operating results, technical capabilities and overall performance.
- Continuously seeks to reduce waste in every activity and supplier related process or transaction he/she is involved in.
- Purchase and/or contracts for materials and services in accordance with company established practices and policies to ensure honest, fair and ethical relationships with vendors.
- Exercises the appropriate controls related to the legal aspects of purchasing.
- Will oversee the activities of the buyers and senior buyers on his/her commodity team.
- Works with the Materials Manager and QA to maintain and implement an annual supplier audit campaign consistent with requirements for FDA and ISO 9000
Budget Managed (if applicable): N/A
Internal Networking/Key Relationships:- To be determined based on department needs
Skills & Capabilities:- Effective interpersonal skills
QualificationsMin Knowledge & Experience Required for the Position:- BS degree in business or engineering.
- ISM (NAPM) certification preferred.
- Demonstrated record of cost reduction.
- Demonstrated computer literacy
- Working knowledge of ERP systems and supply chain management strategies and concepts.
International Mobility: Required: no
Travel Requirements:The annual base salary range for this role is currently $135,000.00 to $165,000.00. Individual employee compensation will ultimately depend on factors including education, relevant experience, skillset, knowledge, and particular business needs.
This role is eligible for medical, dental, and vision insurance, 401k plan retirement benefits with an employer match, as well as paid vacation and sick leave. Our sales roles are eligible for participation in a commission plan and our management, and select professional roles, are eligible for a performance-based bonus.
