Senior Buyer
Senior Buyer
Company: Monogram Aerospace Fasteners
Primary Location: 3423 S Garfield Avenue, Commerce, CA 90040 USA
Workplace Type: On-site
Employment Type: Salaried | Full-Time
Function: Purchasing
Equal Opportunity Employer Minorities/Women/Veterans/Disabled
Main Duties & Responsibilities
Summary/Objective
Responsible for overseeing and optimizing the procurement process, ensuring timely and cost-effective delivery of materials and supplies while maintaining quality and supplier relationships. Develop and implement purchasing strategies, negotiate contracts, manage inventory, and collaborate with various departments to meet production needs.
Essential Functions
Reasonable accommodation may be provided to enable individuals with disabilities to perform in this position:
Develop and implement purchasing strategies:
This includes analyzing market trends, identifying cost-effective solutions, and developing strategies to ensure the timely and cost-effective acquisition of materials and supplies.
Negotiate contracts and terms with suppliers:
Secure the best possible prices, payment terms, and delivery schedules while ensuring suppliers meet quality standards.
Cost Optimization:
Analyzing market trends, negotiating prices, and identifying cost-saving opportunities.
Manage supplier relationships:
Build and maintain strong relationships with suppliers, fostering collaboration and communication to ensure smooth operations.
Oversee inventory management:
Monitor inventory levels, manage stock of purchased components and materials, and minimize excess or obsolete inventory, ensuring materials are available when needed.
Collaborate with other departments:
Work closely with engineering, production, and finance to align procurement activities with overall business objectives.
Analyze data and track performance:
Monitor purchasing trends, supplier performance, and inventory levels to identify areas for improvement and drive data-driven decision-making.
Manage the procurement process:
From issuing purchase orders to expediting deliveries, ensuring that all procurement activities are conducted efficiently and effectively.
Material Requirements Planning:
Forecasting material needs based on production plans and business requirements
Address supply chain issues:
Resolve any problems with suppliers, ensuring that production schedules are met and materials are available when needed.
Quality Assurance:
Address any issues with suppliers promptly and ensure compliance with company standards.
Maintain accurate records:
Keep detailed records of purchase orders, invoices, and other relevant documentation.
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 the Manager and all Buyers as necessary.
Train new buyers.
Competencies
Communication Skills
Decision Making
Problem Solving
Analytical Skills
Business Acumen
Supplier Relationship Management
Demand Forecasting
Inventory Management
Negotiation
Quality Assurance
Knowledge of Manufacturing Processes
Compliance with Industry regulations and Monogram requirements
Budget Management
Physical Demands
The physical demands described below represent those that an employee must meet to perform the job's essential functions successfully.
The employee is occasionally required to sit, climb, or balance; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 35 pounds.
Position type/Expected Hours of Work
This is a full-time position. The work hours are Monday through Friday, 7 am—4 pm, with flexibility to work overtime as needed.
Travel
Travel is primarily local during the business day, although some out-of-the-area and overnight travel may be expected. Travel is approximately 10% of the time.
This role is required to be on-site 5 days at the Commerce, CA location.
Qualifications
Required Education and Experience
Minimum of 10+ years of experience in procurement, with a preference for experience in a manufacturing or high-volume assembly environment.
Computer and system skills: proficiency in the Microsoft Office suite is required, and ERP software is preferred.
Communication and Analytical skills: Must have strong written and verbal communication skills and strong analytical skills. Presentation skills preferred.
Preferred Education and Experience
A bachelor’s degree in supply chain management, business administration, or a related field is preferred.
NAPM or APICS certification is preferred.
Other Duties
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Compensation
In compliance with all states and cities requiring transparency of pay, the expected pay range for this position is $90,000 - $105,000.
Compensation can vary depending on several factors, including a candidate's qualifications, skills, experience, competencies, and geographic location. Some roles may qualify for extra incentives like equity, commissions, or other variable performance-related bonuses. Further details will be provided by our recruiting team during the interview process.
Benefits
Benefit offerings include Medical Insurance and Prescription Drugs, Dental Insurance, Vision Insurance, Flexible Spending Accounts, Life Insurance, Short-Term Disability, Long-Term Disability Insurance (for eligible employees), Employee Assistance Plan (EAP), Paid Time Off (may include vacation and sick time), Retirement Program, and Other Voluntary Benefits.
Click here for more information: www.trimasbenefits.com