Buyer, Direct Procurement

Feld Entertainment•Ellenton, FL

33d

About The Position

The Buyer, Direct Procurement, is responsible for managing multiple vendor lines within product categories and supporting the traveling units as assigned. This role emphasizes strategic analysis, cost savings, and the development of procurement strategies to enhance product quality and reduce costs. The Buyer will collaborate with cross-functional teams to identify cost reduction opportunities and implement plans to maximize performance and results. The Buyer will continually strive to exceed customer expectations and drive financial efficiency.

Requirements

Four-year college degree in a related field or equivalent experience.
3+ years of purchasing or accounting experience. Working knowledge of purchasing concepts.
Integrated Financial System and/or ERP Software experience, such as NetSuite, J.D. Edwards, etc.
Microsoft Office proficiency (Excel, Word, PowerPoint).
Strong analytical skills with the ability to interpret complex data and make data-driven decisions.
Ability to develop and utilize cost models and other analytical tools to support procurement activities.
Excellent facilitative and communication skills, both written and verbal.
Ability to effectively communicate with suppliers, internal stakeholders, and cross-functional teams.
Strong organizational skills with the ability to manage multiple priorities and projects simultaneously.
Attention to detail and accuracy in all aspects of work.
Ability to identify and resolve issues related to procurement activities in a timely and effective manner.
Proactive approach to problem-solving and continuous improvement.
Ability to build and maintain strong relationships with suppliers and internal stakeholders.
Collaborative and team-oriented mindset.

Nice To Haves

2+ years of practical experience in the entertainment industry is a plus.
CPM, SPSM or advanced education in Procurement, Logistics or Supply Chain Management is a plus.
Experience with procurement software and tools.

Responsibilities

Strategic Supplier Management: Manage multiple product lines and suppliers, identifying and executing opportunities to expand or leverage existing product or service capabilities. Lead cross-functional teams in the development of cost reduction activities and strategic initiatives. Develop and maintain strong relationships with key suppliers to ensure alignment with company goals and objectives. Monitor supplier performance and implement corrective actions as needed to ensure compliance with quality and delivery standards.
Operational Efficiency: Generate purchase orders and expedite shipments as necessary to ensure the timely delivery of products and services. Develop and implement processes to streamline procurement activities and improve overall efficiency. Coordinate with logistics to ensure a smooth and efficient flow of goods from suppliers to end-users.
Cost Analysis and Savings: Conduct a cost analysis to identify cost-saving opportunities. Implement cost-saving initiatives, including alternative sourcing strategies and process improvements. Analyze market trends and pricing data to make informed purchasing decisions and negotiate favorable terms with suppliers.
Vendor Negotiations: Negotiate with vendors to enhance profitability through cost-saving initiatives. Develop and implement negotiation strategies to achieve the best possible terms and conditions for the company. Report on cost savings on a quarterly basis and minimize financial exposure through procurement best practices and sound payment decisions. Ensure compliance with company policies and procedures during the negotiation and contracting process.
Cross-Functional Collaboration: Foster a collaborative environment by working closely with all departments and strategic suppliers to ensure alignment and achieve common goals. Facilitate open communication and teamwork to drive successful outcomes.

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