Dover Precision Components, part of Dover Corporation, is hiring a Senior Buyer for our Cook Compression brand, located at our Jeffersonville, Indiana ISO 9001 certified manufacturing facility. We deliver critical performance solutions for rotating and reciprocating machinery across several markets, including oil & gas. We offer competitive pay and benefits while being part of a stable and innovative company! In this role, you will ensure the continuous supply of assigned components to support customer service goals, minimize the total landed cost of material and optimize company's cash flow. The Senior Buyer: Assesses key business needs by evaluating and executing MRP requirements and Kanban levels for commodities. Developes and executes a sourcing strategy to deliver optimal costs. Prepares and presents recommendations for improvement opportunities and alternative courses of action to supply chain/value stream leaders. Issues requests for quotations, analyzes and evaluates quotes, negotiates price, terms and conditions, and exercises independent judgement. Proactively identifies and takes appropriate corrective actions to prevent material shortages. Expedites materials as required and provides accurate material status information to other departments and site management. Objectively measures and communicates supplier performance to support supply chain continuous improvement efforts. Interfaces with Suppliers, Quality, Strategic Sourcing, and Engineering to quickly resolve quality, delivery or cost issues. Drives increased inventory turns, reduced cycle times, and improved Customer OTD by developing, implementing and managing pull-based material replenishment processes, including, but not limited to Kanban cards, vendor managed inventory and supplier consignments. Collaborates on efforts such as price benchmarking, vendor management, process analysis, market and industry research, contract negotiations, and model building. Inputs, maintains, and adjusts records or transactions to ensure system validity. Manages loading and retrieving legal and compliance documents into applicable storage systems. Works closely with the Value Stream, Commodity Management, Manufacturing, and Engineering teams to proactively identify, prioritize and complete resourcing and supplier development projects. Provides effective support to new product introduction teams, proposal development and subcontracting opportunities as they develop. Ensures quick resolution of shipping discrepancies, receiving errors, and invoice errors. Coordinates adjustments to ship dates or quantities on open purchase orders as necessary. Works to eliminate SLOB excess and obsolete parts and rationalize similar parts. Engenders a spirit of cooperation throughout the supply chain to ensure responsiveness to the customer.