Buyer

Schaeffler

About The Position

Schaeffler is a dynamic global technology company and a partner to major automobile manufacturers, aerospace, and industrial sectors. The Buyer role involves developing and implementing sourcing strategies for cost-effective material supply, identifying and evaluating suppliers, negotiating contracts, and collaborating with cross-functional teams to forecast demand. The position also requires monitoring market trends, maintaining purchase records, resolving supplier issues, driving cost-saving initiatives, and ensuring compliance with regulatory standards.

Requirements

Bachelor’s degree in Business Administration, Supply Chain Management, Engineering or a related field.
Proven experience as a material buyer, procurement specialist or in supply chain
Strong negotiation skills and ability to influence suppliers to achieve favorable terms.
Excellent analytical and problem-solving abilities.
Proficiency in supplier management and contract negotiation.
Familiarity with procurement software and systems (e.g., ERP, eSourcing platforms).
Effective communication and interpersonal skills.
Ability to work independently and collaboratively in a fast-paced environment.
External applicants must be authorized to work in the US without employment visa or other sponsorship.

Responsibilities

Develop and implement sourcing strategies to ensure a consistent and cost-effective supply of materials.
Identify potential suppliers, conduct supplier evaluations, and negotiate contracts and pricing terms.
Collaborate with cross-functional teams to understand raw material requirements and forecast demand.
Monitor market trends, industry developments, and supplier performance to optimize sourcing decisions.
Maintain accurate records of purchases, contracts, and supplier agreements.
Resolve supplier issues, such as quality concerns, delivery delays, and price discrepancies.
Drive cost-saving initiatives and identify opportunities for process improvement within the procurement function.
Stay updated on regulatory requirements and compliance standards related to raw material sourcing.

Benefits

Comprehensive healthcare coverage: Employees receive access to a range of medical, dental, and vision insurance plans, ensuring their well-being and peace of mind.
Generous retirement savings options: The company provides competitive 401(k) matching contributions (up to 6%), empowering employees to build a secure financial future.
Professional development opportunities: The company invests in its employees' growth by offering tuition reimbursement, skill development workshops, and ongoing learning and development programs.
Wellness initiatives: Employees have access to wellness programs and resources aimed at promoting physical, mental, and emotional health, fostering a supportive and thriving work environment.

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