Senior Buyer

JACK RICHESON & CO INC•Kimberly, WI

20d•Onsite

About The Position

The Senior Buyer will be responsible for sourcing, negotiating and purchasing consumer goods, paper and wood, and the associated raw and packaging materials, essential to our organization's operations. This role requires a deep understanding of market trends, supplier management, and excellent negotiation skills. The Senior Buyer should be analytical, resourceful, and capable of building strong relationships with suppliers. This position reports to the Director of Procurement.

Requirements

Bachelor’s degree in Business, Supply Chain Management, Economics, or a related field; relevant certifications are preferred
Five or more years of professional experience as a Buyer or in a similar procurement role
Three or more years of professional sourcing experience
Professional experience in managing international suppliers and coordinating with freight carriers
Proficient in Microsoft Office Suite Programs, with expertise in Excel, and experienced with procurement software
Strong negotiation, communication, and interpersonal skills
Analytical mindset with the ability to interpret complex data and market trends
Proficiency in procurement software and tools
Knowledge of supply chain management principles and best practices
Detail-oriented and capable of managing multiple tasks simultaneously
Ability to work collaboratively in a team and independently with minimal supervision
Ethical and professional conduct in all interactions
Ability to travel to other Company locations and Vendors as needed

Responsibilities

Market Analysis: Stay updated with market trends, material prices, and supplier capabilities to make informed purchasing decisions.
Supplier Management: Identify, evaluate, and negotiate with suppliers to secure advantageous terms and agreements. Develop and maintain strong relationships with key suppliers.
Cost Optimization: Implement cost-effective purchasing strategies without compromising quality and reliability. Continuously seek opportunities to reduce procurement costs.
Contract Negotiation: Draft and negotiate contracts, ensuring favorable terms and conditions. Monitor contract performance to ensure compliance.
Sourcing: Source new products to expand offerings and identify alternative vendors for existing products to ensure competitive pricing and supply chain resilience.
Quality Assurance: Collaborate with sales and quality control to ensure purchased materials meet the required standards and specifications.
Inventory Management: Manage $3 million in inventory, ensuring optimal stock levels and preventing shortages or overstock.
SKU Management: Oversee the lifecycle of 2726 SKUs, including creation, maintenance, and discontinuation, ensuring accuracy in inventory systems and alignment with demand forecasts.
Purchase Orders: Place purchase orders and track progress of purchase orders from placement of order to receipt of goods.
Risk Management: Proactively identify potential risks in the supply chain and develop contingency plans to mitigate disruptions.
Reporting: Generate regular reports on procurement metrics, cost savings, supplier performance, and market trends. Analyze data to make data-driven decisions.