Buyer III

Novanta Inc.•Irvine, CA

9d•$81,510 - $121,800

About The Position

Novanta is a global company that provides engineered components and sub-systems for mission-critical applications in healthcare and advanced manufacturing. They are seeking a Buyer III to procure goods and services cost-effectively and timely. This role involves developing supplier relationships, negotiating contracts, managing inventory levels, implementing cost-saving strategies, and ensuring planning data integrity. The Buyer III will also mentor less experienced buyers and drive continuous improvement in supplier performance and cost reduction.

Requirements

Possess in-depth knowledge of purchasing, procurement, supplier management, supply chain management, and strategic procurement implementation.
Be able to demonstrate effective negotiation skills and experience collaborating with suppliers.
Be proficient in Microsoft Excel and procurement software tools.
Have excellent communication and interpersonal skills to build relationships with vendors and internal stakeholders.
Be detail-oriented and able to manage multiple projects and adapt to changing business needs and priorities.
Synthesizes data into crisp and sound strategic insights and conclusions.
Takes a global and long-term perspective when making business decisions.
Able to navigate ambiguity and complexity in order to adapt quickly.
Possesses a desire to learn new things and seeks out knowledge.
Blends people into teams when needed; creates strong morale and spirit in his/her team; shares wins and successes; fosters open dialogue; lets people finish and be responsible for their work; defines success in terms of the whole team; creates a feeling of belonging in the team.
Good at figuring out the processes necessary to get things done; knows how to organize people and activities; understands how to separate and combine tasks into efficient work flow; knows what to measure and how to measure it; can see opportunities for synergy and integration where others can't; can simplify complex processes; gets more out of fewer resources.
Can negotiate skillfully in tough situations with both internal and external groups; can settle differences with minimum noise; can win concessions without damaging relationships; can be both direct and forceful as well as diplomatic; gains trust quickly of other parties to the negotiations; has a good sense of timing.
Does what it takes in order to consistently meet expectations.
Approaches work with a sense of urgency and drive.
Identifies the vital few and focuses resources and energy on the most impactful tasks.
Uses metrics to measure progress and inform decision-making.

Responsibilities

Procure goods and services cost-effectively and timely.
Develop relationships with suppliers.
Negotiate contracts with suppliers.
Work closely with suppliers to maintain inventory levels.
Maintain a lean inventory.
Implement cost-saving strategies.
Ensure planning data integrity.
Manage key supplier relationships to ensure on-time delivery of goods and services.
Lead initiatives to reduce expenses.
Develop annual plans for continuous cost reduction improvements with suppliers.
Develop, maintain, and strengthen supplier relationships through effective contract negotiation, ensuring timely delivery and quality.
Ensure that planning parameters within the procurement software system support lean inventory requirements.
Mentor less experienced buyers to ensure they are meeting performance expectations and developing their skills.