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Summary/Objective

Responsible for procuring materials and supplies needed for production, ensuring timely and cost-effective purchasing, maintaining strong and productive vendor relationships, and analyzing market trends to secure the best prices. They handle purchase orders, manage inventory, and communicate with suppliers. This role involves managing supplier relationships, inventory management, negotiating contracts, and analyzing market trends to identify cost-saving opportunities.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform this position:

Supplier Management:

Identifying, evaluating, and managing supplier relationships to ensure quality, reliability, and cost competitiveness.

Cost Optimization:

Analyzing market trends, negotiating prices, and identifying cost-saving opportunities.

Sourcing and Negotiation:

Identifying and evaluating potential suppliers and securing favorable prices and terms.

Manage the procurement process:

From issuing purchase orders to expediting deliveries, ensuring that all procurement activities are conducted efficiently and effectively.

Inventory Management:

Monitoring inventory levels, ensuring timely availability of materials, and preventing overstocking.

Quality Assurance:

Address any issues with suppliers promptly and ensure compliance with company standards.

Supply Chain Management:

Collaborating with production planners, supply chain managers, and other internal departments to align procurement with production needs.

Market Analysis:

Analyzing market trends, supplier performance, and competitor costs is a key part of the Buyer's role, helping to identify opportunities for cost reduction, improved quality, and increased efficiency.

Analyze data and track performance:

Monitor purchasing trends, supplier performance, and inventory levels to identify areas for improvement and drive data-driven decision-making.

Material Requirements Planning:

Forecasting material needs based on production plans and business requirements.

Collaborate with other departments:

Work closely with engineering, production, and finance to align procurement activities with overall business objectives.

Record Keeping:

Maintaining accurate records of purchases, costs, deliveries, and inventory.

Attend the Daily War Room meeting and be prepared to provide updates on relevant orders. Update the war room board with current purchasing-related data.

Backup for Senior Buyer.

Train new buyers.

Competencies

Communication Skills

Decision Making

Problem Solving

Analytical Skills

Business Acumen

Supplier Relationship Management

Inventory Management

Negotiation

Quality Assurance

Knowledge of Manufacturing Processes

Compliance with Industry regulations and Monogram requirements

Budget Management

This role is required to be on-site 5 days at the Commerce, CA location.