Topcon

Purchasing Specialist

Topcon$85K — $105K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Expert-level Excel skills with advanced functions and data analysis capabilities.
  • Strong experience using AI tools for data processing and forecasting.
  • Proficiency in SAP, SAP S/4HANA, and Salesforce for purchasing and inventory management.
  • Proven track record in preparing demand and inventory forecasts accurately.
  • Strong negotiation skills for cost reduction and supplier agreements.

Responsibilities

  • Analyze purchasing and inventory data using Excel and AI tools.
  • Prepare purchasing forecasts based on sales projections and historical data.
  • Negotiate vendor pricing and contract terms to optimize costs.
  • Process RTS transactions and manage related vendor documentation.
  • Monitor and maintain inventory levels to prevent shortages and excess.
  • Identify cost-saving opportunities through effective vendor management.
  • Collaborate with cross-functional teams to align on purchasing needs.

Benefits

  • Comprehensive medical, dental, and vision insurance options.
  • Life and disability insurance for added security.
  • 401(k) plan with employer matching contributions.
  • Tuition reimbursement for professional development.
  • Paid time off, including holidays and personal time, to promote work-life balance.
Full Job Description
We are seeking a highly analytical and results-driven Purchasing Specialist to manage purchasing activities, supplier negotiations, inventory planning, forecasting, and vendor contracts. The ideal candidate must be an expert in Excel and AI-based data analysis, with experience using SAP, SAP S/4HANA, and Salesforce or similar platforms. Key Responsibilities • Analyze purchasing, inventory, usage, and sales data using advanced Excel and AI tools. • Prepare accurate purchasing and inventory forecasts based on sales projections, historical demand, lead times, and business requirements. • Negotiate pricing, payment terms, lead times, and purchasing agreements with vendors. • Negotiate Service Level Agreements, supplier contracts, and other commercial terms. • Process and manage RTS, or Return to Supplier, transactions and related vendor documentation. • Identify cost-saving opportunities and ensure the company receives the best available pricing and contract terms. • Monitor inventory levels and maintain appropriate minimum and maximum stock levels. • Prepare and manage Min/Max inventory, reorder-point, safety-stock, shortage-risk, and excess-inventory reports. • Prevent shortages, excess inventory, and obsolete stock through effective inventory planning. • Evaluate vendor performance based on pricing, quality, reliability, lead time, and SLA compliance. • Use SAP or SAP S/4HANA to manage purchasing, inventory, purchase orders, vendor records, and related transactions. • Use Salesforce to review sales forecasts, customer demand, business requirements, and purchasing-related information. • Use AI tools to analyze large datasets, automate reporting, identify trends, improve forecasting, and increase purchasing efficiency. • Work closely with Sales, Operations, Finance, Warehouse, Customer Support, and other departments. Required Skills and Qualifications • Expert-level Excel skills, including PivotTables, XLOOKUP, advanced formulas, dashboards, Power Query, data modeling, and large-data analysis. • Strong experience using AI tools for data analysis, forecasting, reporting, and process automation. • Experience with SAP, SAP S/4HANA, and Salesforce. • Proven experience preparing purchasing, demand, or inventory forecasts. • Strong vendor negotiation and cost-reduction skills. • Experience negotiating SLAs, supplier agreements, pricing contracts, and other commercial terms. • Experience processing RTS transactions and managing supplier returns. • Experience managing Min/Max inventory levels, reorder points, lead times, and safety stock. • Excellent analytical, problem-solving, and decision-making skills. • Strong attention to detail and the ability to identify trends, risks, and cost-saving opportunities. • Excellent communication, contract-management, and vendor-management skills. • Ability to work independently and manage multiple priorities. On-Site Requirement This position requires working at our Oakland, New Jersey office. This is not a remote or hybrid position. Base Pay: Expected Base Pay Range: $85,000 to $105,000 Annualized The base pay range included is a projected hiring range for a position, level and potential work location(s) listed.  Topcon provides the compensation range that it in good faith believes it might pay and/or offer for this position. This compensation range is based on a full-time schedule.    Bonus eligible:  In addition to base pay, compensation for this position includes eligibility for a 5% annual bonus. Benefits*: Topcon offers a comprehensive benefit package for this position including medical, dental, vision, life insurance, disability insurance, tax saving spending accounts a 401(k) plan with employer match, tuition reimbursement in addition to other perks and benefits.  We also offer time off for our employees to recharge.  Our employees are eligible for paid company holidays, paid personal time off, and paid sick time that meets or exceeds state/local requirements.  Topcon reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation; individual candidate compensation may be determined based on individual skills, experience, training, certifications, education, final work location and other factors not related to an applicant’s sex or other status protected by local, state, or federal law. Changes in the position level, location or other factors associated with the role may change the final determined compensation.  The recruiter can provide additional information during the hiring process. *Topcon time off policies can vary between roles which are exempt or non-exempt.  For hourly (“non-exempt”) employees, we offer personal paid time off which accrues in accordance with local standards.  For salaried (“exempt”) employees, we offer a flexible paid time off policy giving you flexibility to take time when needed, while supporting business needs.  All paid time off policies are in accordance with or exceeding local law.  Employees working at least 30 hours per week are eligible for our Health and Welfare benefit package.

About Topcon

Topcon Corporation is a Japanese electronics company that specializes in the manufacture of optical and positioning equipment. The company was founded in 1932 and is headquartered in Tokyo, Japan. Topcon produces a range of products, including surveying instruments, GPS systems, machine control systems, and ophthalmic instruments. The company has operations in over 80 countries and employs over 5,000 people worldwide. Topcon is listed on the Tokyo Stock Exchange and has a market capitalization of over $2 billion.
Learn more about Topcon
Size
5,248 employees
Industry
Founded
1994
NASDAQ

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