Procurement Buyer

GE Vernova•Parsippany-Troy Hills, NJ

2d•$76,600 - $127,400

About The Position

The Procurement Buyer serves as a key interface between the business and the supply base. The Procurement Buyer is responsible for executing tactical procurement activities, managing supplier relationships, and ensuring that purchasing processes align with company compliance and sustainability standards. You will bridge the gap between operational requirements and the external supply base.

Requirements

Bachelor’s degree from an accredited university or college (or equivalent experience/knowledge).
2–5 years of experience in procurement, supply chain, or related operational roles.
Proficiency in ERP systems (e.g., SAP, Oracle).
Strong analytical skills with proficiency in Microsoft Excel (VLOOKUPs, Pivot Tables).
Strong negotiation and interpersonal skills.
Ability to work in a fast-paced, matrixed, and global environment.
Strong problem-solving mindset and attention to detail.
Must be a "U.S. Person" as defined by U.S. Export Control laws.

Nice To Haves

Experience in the energy or manufacturing sector.
Knowledge of lean manufacturing principles and continuous improvement (Kaizen).

Responsibilities

Manage the end-to-end procurement process, including requisition review, purchase order (PO) creation, and maintenance in ERP systems (such as MMS).
Act as the primary point of contact for assigned suppliers; monitor performance, resolve delivery discrepancies, and manage lead-time negotiations.
Drive cost-out initiatives by identifying savings opportunities, negotiating pricing for spot buys, and participating in competitive bidding processes (RFQs/RFPs).
Proactively monitor material requirements planning (MRP) signals to prevent shortages, expedite critical orders, and manage inventory levels effectively.
Ensure all purchasing activities adhere to internal GE Vernova policies, international trade compliance, and ethical sourcing guidelines. Import/Export Control (Trade Compliance) and supplier diversity mandates.
Partner with Sourcing, Engineering, Finance, and Manufacturing and materials teams to ensure procurement strategies support production goals.
Assist Lead Buyer in executing category strategies. Participate in contract negotiations, benchmarking exercises, and supplier qualification processes to ensure a competitive advantage.
Utilize ERP (MMS) and advanced analytical tools (Tableau/Power BI/Excel) to track KPI performance, such as Purchase Price Variance (PPV), Cost-Out tracking, and On-Time Delivery (OTD).
Conduct regular business reviews with key suppliers to address performance gaps. Drive corrective actions (CAPA) when quality or delivery non-conformances occur.
Proactively identify potential supply chain disruptions (e.g., geopolitical, capacity, or financial risk). Develop and implement contingency plans, including dual-sourcing strategies and safety stock recommendations.
Actively participate in Kaizen events and Six Sigma projects to streamline the "Requisition-to-Pay" (RTP) cycle, eliminating waste and reducing manual touchpoints.

Benefits

Medical coverage
Dental coverage
Vision coverage
Prescription drug coverage
Access to Health Coach from GE Vernova, a 24/7 nurse-based resource
Access to the Employee Assistance Program, providing 24/7 confidential assessment, counseling and referral services
GE Vernova Retirement Savings Plan, a tax-advantaged 401(k) savings opportunity with company matching contributions and company retirement contributions
Access to Fidelity resources and financial planning consultants
Tuition assistance
Adoption assistance
Paid parental leave
Disability benefits
Life insurance
12 paid holidays
Permissive time off