Commodity Buyer

Belle Vernon, PA

Job ID: Req-3482 Industry: Manufacturing Pay Rate: Negotiable

Due to heavy growth, an established niche manufacturing company, located south of Pittsburgh, is seeking a Junior Commodity Buyer.

 

Responsibilities:

  • Responsible for monitoring specific commodities markets such as galvanized coated sheet steel and various chemicals and securing those commodities through vendors at best market prices utilizing buying strategies that ensure the company’s raw materials costs are at below market cost.
  • Will have direct hands-on management of inventory, availability and cost responsibility for accurate and timely purchasing and planning of a category of commodity materials.
  • Will be required to gain and understand markets in which the commodities reside. Should be skilled at managing demand for materials needed to meet Production commitments of cost, Quality and On Time Delivery.
  • Executing best practices for timely purchase order (PO) placement, estimating material costs & lead time for customer quote bids, and maintenance of outstanding supplier PO commitments.
  • Meet demand for material & estimates with a low backlog of outstanding PO & RFQ’s, Material OTD, and efficiency metrics managing Supplier POs (e.g. cost, lead time, quoting, delivery, quality, RMAs, etc.).  
  • Identify and take actions on solutions to procurement issues that include supplier performance, supplier selection, obsolescence, data/specification/documentation completeness, and other causes of delay.
  • Direct hands-on and management responsibility for accurate and timely purchasing and planning of a category of commodity materials.
  • Lead the recruitment, evaluation, and selection of suppliers and service providers through strategic sourcing, identification of capabilities, the creation of technical RFQ documents, proposal review, and risk analysis.
  • Must be skilled at managing demand for materials needed to meet Production commitments of Quality and On Time Delivery.
  • Responsible to identify and take actions on solutions to procurement issues that include supplier performance, supplier selection, obsolescence, data/specification/documentation completeness and new Product Introduction project plans.
  • Conduct annual price reviews with vendors. Conduct supplier evaluations.
  • Lead commodity planning with Sales, Marketing, and Production in meeting customers’ needs (guaranteed Promise Dates), minimizing Production (WIP) delays, and ensuring supplier quality.
  • Anticipate and proactively mitigate risks to material procurement commitments.
  • Create and maintain all reporting requirements (daily, weekly, monthly, quarterly) as needed to monitor purchasing activity levels, support build schedules, and maintain replenishment systems.
  • Seek and achieve cost saving opportunities with new and existing suppliers.
  • Conduct continual market analysis, secures quotations, negotiates prices and terms with suppliers. To ensure most favorable pricing.
  • Coordinates as appropriate, quality matters and engineering changes/developments between company activities and suppliers.

Qualifications:

  • BS Degree in Business, Accounting, Finance, Economics or related along with at least 2 years of commodity material management within an industrial or manufacturing related industry.
  • Must have experience with Lean concepts with regard to inventory reduction, JIT, etc.
  • Experience with material & supplier quantitative performance reporting responsibility to management.
  • Experience using ERP/MRP demand & forecast systems and demonstrated continuous use and mastery of these systems.
  • Highly motivated with a proven record of cost reductions.
  • Strong leadership qualities, excellent analytical skills and detail oriented.
  • Excellent computer, communication and negotiation skills.

JH Technical Services


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