Triumph Group

Senior Buyer

Triumph Group$77K — $116K *
Aerospace & Defense
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, Purchasing or Supply Chain Management or equivalent education/experience.
  • 5 - 8 years of experience in purchasing or supply chain roles, preferably in manufacturing.
  • Proficient in purchasing practices, negotiation, and cost analysis.
  • Experience in strategic procurement of machined/fabricated parts from various raw materials.
  • Knowledge of MRP/ERP and PLM applications; Epicor experience is a plus.
  • Strong computer skills in MS Office; advanced Excel skills are beneficial.

Responsibilities

  • Negotiate purchasing and contract terms with suppliers while ensuring supply continuity.
  • Perform tactical procurement for engineering and program needs across various commodities.
  • Collaborate with suppliers and internal teams to mitigate potential delays in supply.
  • Manage supplier contract reviews, negotiations, and performance compliance.
  • Draft and interpret RFPs, Terms and Conditions, and Statements of Work.
  • Utilize MS Office applications for analysis and reporting to enhance procurement efficiencies.
  • Optimize procurement metrics and KPIs by developing supplier relationships and employing reporting tools.

Benefits

  • Opportunities for professional development and training.
  • Access to a collaborative work environment with cross-functional teams.
  • Engagement with diverse suppliers, including small disadvantaged and minority-owned businesses.
Full Job Description
Description

Under supervision of the Procurement Manager, a Sr. Buyer will possess authority to procure products and services strategically and tactically at the best value, consistent with quality, quantity, delivery, market trends and other business factors. Prepares RFI's, RFP's, RFQ's, completes analysis and procures goods and/or services where the financial impact is significant. The Sr. Buyer will be an influential negotiator. Will lead supplier contract review and negotiations ensuring organization compliance. Will work directly in support of production operations and in collaboration with Program Managers, Engineers, and Operations personnel. Will collaborate in the selection of supplier sourcing efforts and implement procedures and Key Performance Indicators (KPI's) to continuously evaluate suppliers, costs, and delivery. Evaluate market trends against forecasting and demand to determine the best method of procurement such as contract, spot buy or consignment. Provides solutions for defective or non-conforming product or services with inspection / quality assurance personnel, users, suppliers, and other stakeholders.

Responsibilities

  • Negotiate all purchasing and contract terms satisfactorily with suppliers in support of all procurement and planning tools in use at Triumph, including the expediting of products and services while maintaining awareness of material status when required for higher risk commodities and on higher cost services, including Capital Expenditures.
  • Perform tactical procurement functions across commodities, in support of Engineering and Program requirements.
  • Proactively work with both Suppliers and Internal customers to identify and understand potential delays or impacts to Engineering/Operations, ensuring continuity of supply.
  • Collaborate with Triumph Supply Chain Leadership Supplier Contract review, negotiations, and performance management and ensure compliance.
  • Assist in drafting and interpreting (Request for Proposals (RFP's), Terms and Conditions (T&C's) Statement of Work (SOW), and Long-Term Agreements / Contracts
  • Use the Microsoft Suite of Applications, including Excel, Work and PowerPoint - to perform analysis, prepare reports and summaries, as well as make recommendations to improve tactical procurement of products and services for Triumph across the site.
  • Effectively use Triumph's Enterprise Resource Planning system to manage suppliers and supply, while minimizing total cost to the organization and accurately transacting records.
  • Manage, optimize, and improve metrics and KPI's for Procurement by sourcing and developing appropriate suppliers and through strategic use of reporting tools.
  • Effectively use all of Triumph's supplier management methodology and quality requirements to manage risk of suppliers to inventory and immediate supply, while minimizing total cost
  • Collaboration with Production control to ensure adequate stocking levels while minimizing obsolete and unused inventory.
  • Coordinate the return / replacement of materials with suppliers for non- conforming product/services.
  • Provide coordination in development of Triumph's small dynamic business base, including small disadvantaged, woman-owned, veteran owned, HubZone and minority owned businesses as required by FAR/DFAR requirements and any contractual, statutory or regulatory requirements.


Qualifications

  • Bachelor's degree in business, Purchasing or Supply Chain Management or an equivalent combination of education and experience which has provided theoretical and practical knowledge in the field.
  • 5 - 8 years minimum experience working in a purchasing team preferably, or other supply chain functions, within a manufacturing environment
  • Good knowledge of purchasing, negotiation, commercial understanding and cost breakdown
  • Prior experience with strategic procurement of machined / fabricated parts manufactured from various raw materials
  • Demonstrated knowledge of MRP/ERP and Product Life Management (PLM) applications; experience with Epicor a plus
  • Computer Skills: MS Office (Word, Excel and PowerPoint) skills are mandatory, advanced skills in Excel or database are beneficial


Preferred requirements

  • Experience with Supplier Development
  • APICS, CPMS, CPM or ISM certification
  • Ability to read engineering drawings/blueprints
  • Experience in Aerospace, US Defense, or regulated industry with AS/ISO certification
  • Experience working in a matrix style organization and complying to both corporate and local requirements.
  • Familiar with Lean manufacturing and Six Sigma initiatives
  • Experience subcontracting under Federal Acquisition Regulation (FAR) / Defense Federal Acquisition Supplement (DFARS)
  • Analytical skills to construct pricing strategies/exhibits to justify pricing reasonableness.
  • Highly motivated, problem solving, collaborative team member.


Compensation Data

Annual salary: USD77,800 - USD116,800

About Triumph Group

Triumph Group is a global leader in the design, development, and manufacture of aerospace and defense products. The company provides a wide range of products and services to the aerospace industry, including aircraft components, systems, and structures. Triumph Group has a strong reputation for innovation and quality, and is committed to providing its customers with the highest level of service. The company has a global presence, with operations in North America, Europe, and Asia. Triumph Group is dedicated to delivering value to its customers, employees, and shareholders.
Learn more about Triumph Group
Size
701 employees
Market Cap
$631.1 million
Industry
Net Income
-$452.4 million
Founded
1993
5 Year Trend
-16.2%
Revenue
$2 billion
NASDAQ

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