BUYER II

Formosa Plastics•Livingston, NJ

11d•Onsite

About The Position

Formosa Plastics Corporation, U.S.A. is seeking a Buyer II to negotiate and secure optimal pricing and commercial terms, focusing on Total Cost of Ownership (TCO) and identifying alternative suppliers to mitigate supply chain risk. This role is responsible for performing purchasing services for plant expansion and/or MRO work, ensuring procurement at the right time, with the right quality, in the right quantity, and at the right price. The Buyer II will evaluate bidder proposals, analyze prices, assess previous performance, and recommend the most advantageous proposals. They will also verify the correctness of Purchase Order and/or Contract documentation, evaluate bid responsiveness and vendor responsibility by monitoring market conditions, and perform job accountability in terms of objectives, priorities, and deadlines. Effective communication and collaboration with internal and external contacts, including Plant Users, Legal, and Accounting, are essential.

Requirements

2-3 years of industry business experience
Bachelors Degree
Strategic Sourcing, RFQ/RFX Management, Contract Lifecycle Management.
Negotiation Skills and Strategic Contract Negotiation.
Good Communication
Problem Solving
Collaboration and Teamwork
Integrity and Ethics
Analytical Thinking
Advanced Data Analysis, Expert-level Microsoft Excel skills, word, outlook and PowerPoint.
ERP Systems.
Market Intelligence, Tracking commodity indices “ICIS”.
Vendor Relationship Management.

Responsibilities

Negotiate to obtain the best possible price and terms & conditions for total cost saving and company's best interest and identify alternative vendors.
Perform the Purchasing work requested by E/C, Maintenance/Operations and others.
Identify and investigate vendor(s)' capability for the best selection of the bidders.
Evaluate bidder(s)' proposal(s) document and clarifications, and conduct comprehensive analysis in accordance with previous order, market conditions, market trend and business practices.
Conduct comprehensive commercial evaluations of supplier bids, including line-item price analysis and cost benchmarking.
Initiate the recommendatory report to make recommendations and present negotiation strategies for Management approval.
Review with Legal Dept. to ensure all contractual obligations are met.
Review the accuracy/correctness of all order information to properly issue Purchase Order/Contract.
Investigate and resolve any issue and efficiently handle dispute and/or discrepancy.
Perform trouble shooting and problem solving to any abnormal situation and even provide preventive advice to Management for improvement.
Communicate with other Departments for pre-award and post-award functions.
Prepare the Purchasing Monthly Report and other reports.
Perform other special assignments from Management.
Follow Department SOP and Company policy to conduct the Purchasing work.