Buyer

Tecomet, Inc. • Warsaw, IN

87d

About The Position

This position will procure materials to meet planned requirements in accordance with inventory stocking policies and procedures, while meeting business objectives of safety, quality, on time delivery, competitive customer lead times, profitability, and inventory. The Buyer will also support daily management activities to ensure commitments are achieved and ensure project management teams are supported.

Requirements

• Educated to degree standard desirable (Bachelor of Science degree preferred), but not essential – relevant experience consistent with required skills and abilities.
• 3-5 years of experience within Planning and/or Procurement.

Nice To Haves

• APICS certification a plus or equivalent.

Responsibilities

• Ability to utilize Material Requirement Planning (MRP) to its fullest extent to perform Procurement related activities
• Maintain part master data as well as understanding how master data drives material requirement planning
• Maintain appropriate inventory levels to meet and exceed inventory targets and turns; as well as seek opportunities to reduce inventory through various techniques such as lot size optimization, off-the-shelf vs. MTO analysis, Kanban, etc.
• Understand PFEP 'Plan for Every Part' as well as determining Economic Order Quantity (EOQ) to achieve price reductions while balancing inventory levels.
• Full understanding of re-order points and safety stock formulas; as well as the impact on different ways of calculating.
• Ability to place purchase orders according to forecast and demand; as well as understanding of cyclical, seasonal, and/or historical ordering trends
• Ability to proactively identify potential part shortages, work with vendors to prevent shortages, understand vendor capacity and constraints; as well as when to properly escalate potential part shortages.
• Perform purchase order acknowledgement, reconciliation of open orders with vendors, and provide forecast to vendors for future ordering.
• Identify root cause of late lines and implement corrective action to prevent forward to ensure fill rate targets are achieved and sustained.
• Ability to drive root cause for missed shipments and help to implement corrective actions to ensure Customer fill rate targets are achieved and sustained.
• Track on-time supplier delivery performance and drive root cause and corrective action to improve overall supplier performance
• Evaluate slow moving items and work with appropriate groups to propose clean-up, re-work, obsolescence, changes to lot sizing, stock status etc.
• Communicate effectively both internally and externally at all levels.
• Other duties as assigned

What This Job Offers

• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees