Methode Electronics

Senior Category Buyer - Electronics & Electro-Mechanical

Methode Electronics$80K — $120K *
Retail & Consumer Goods
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in supply chain management, engineering, business, or a related field
  • 5+ years of experience in global sourcing, procurement, or supply chain management within the automotive or industrial sector
  • Background in MRP and ERP systems for procurement support
  • Demonstrated success in achieving procurement-related business results
  • Strong communication and negotiation skills for effective relationship management with suppliers and internal stakeholders
  • In-depth knowledge of regional and global supplier networks for effective sourcing
  • Analytical and problem-solving skills with a data-driven decision-making approach

Responsibilities

  • Develop and execute sourcing strategies to enhance acquisition and lifecycle management while ensuring cost efficiency
  • Perform supplier risk assessments and establish dual sourcing strategies alongside contingency plans
  • Manage supplier relationships and lead negotiations to maximize value and maintain supply chain resilience
  • Collaborate with engineering, operations, and product development teams to align goals with product requirements
  • Drive standardization and cost optimization initiatives through design-to-cost methodologies
  • Stay informed on market trends and geopolitical factors to develop robust supply strategies
  • Lead cross-functional supplier selection evaluations and manage performance through collaboration
  • Monitor price variances and implement cost optimization measures to achieve category savings targets
  • Resolve supply interruptions and coordinate across functions for timely solutions
  • Leverage data analytics to support procurement decisions and provide insights to category management and stakeholders
  • Initiate process improvements to enhance efficiency and accuracy in procurement activities for the category

Benefits

  • Comprehensive medical, dental, vision, and hearing insurance
  • Life and disability insurance
  • Wellness program and time-off benefits
  • Voluntary accident and hospital indemnity plans
  • Pet insurance options
  • Employee Assistance Program
  • 401(k) plan with company contributions
Full Job Description
Position Summary:

This position will be responsible for driving sourcing initiatives within the Electronics & Electro-Mechanical components category. The senior category buyer plays a key role in ensuring supply continuity, optimizing total landed cost and driving the effective development and execution of procurement activities.

This role manages all aspects of procurement including supplier qualification, price management, working capital objectives and cost optimization. The buyer collaborates with category managers to ensure operational execution is aligned with key sourcing objectives and evolving business priorities

Key Responsibilities
  • Develop and execute sourcing strategies, ensuring optimal acquisition, performance, and lifecycle management while driving cost efficiency, operational reliability, and technological innovation
  • Conduct supplier risk assessments, establish dual sourcing strategies, and develop contingency plans
  • Manage supplier relationships, lead negotiations, prepare and execute nomination agreements, contracts to maximize value and maintain resilient supply chain
  • Collaborate with engineering, operations, and new product development teams to align strategies with product roadmaps and plant requirements
  • Drive standardization, cost optimization, and design-to-cost initiatives
  • Stay ahead of market trends, emerging technologies, and geopolitical impacts to develop resilient strategies for supply continuity
  • Lead cross-functional evaluation of supplier selection process with supplier performance management, engineering and plant operations teams.
  • Monitor and analyze price variances, monitor cost savings and implement cost optimization measures to meet budget and category savings targets
  • Resolve supply disruptions and coordinate with cross-functional team to ensure timely resolution
  • Utilize data insights and analytics to guide procurement decisions and provide actional insights to category managers and other internal stakeholders
  • Drive process improvement initiatives to improve efficiency and accuracy of procurement process for the assigned category


Qualifications
  • Bachelor's degree in supply chain management, engineering, business, or a related field
  • 5+ years of relevant experience in global sourcing, procurement, or supply chain management in automotive or Industrial sector
  • MRP and ERP background in support of the procurement process.
  • Proven performance in achieving business results within procurement.
  • Strong communication, negotiation and relationship-management skills, fostering collaboration with global and regional suppliers as well as internal leadership
  • Extensive knowledge of regional and global supplier networks, with the ability to leverage key industry relationships for sourcing excellence
  • Strong analytical, problem-solving and decision-making skills, utilizing a data-driven approach to optimize strategies and mitigate risks

Benefits and Perks

Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits.

Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance.

Methode provides an Employee Assistance Program, and participation in the Company's 401(k) plan which includes a company contribution.

Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly employees will also be paid overtime pay when working qualifying overtime hours.

Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics per the EEO Poster available here . If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to [email protected] or call (708) 867-6777 and let us know the nature of your request and your contact information.

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