Senior Buyer

Xylem•Pewaukee, WI

5d•$85,000 - $100,000

About The Position

The Sr. Buyer is a senior-level position responsible for leading complex procurement projects and initiatives. This role involves conducting advanced sourcing and purchasing activities, performing in-depth cost analysis, and developing strategies to improve procurement efficiency and effectiveness. The Sr. Buyer works closely with cross-functional teams to identify and resolve procurement issues, implement cost-saving measures, and ensure compliance with regulatory requirements. Additionally, this role involves mentoring and training junior buyers and providing technical expertise to support continuous improvement efforts.

Requirements

A bachelor’s degree in Business Administration, Supply Chain Management, or a related field with at least 5 years experience or equivalent work experience that provides exposure to fundamental theories, principles, and concepts.
In-depth understanding of inventory management principles and practices.
Experience with developing and implementing inventory management policies and procedures.
Excellent organizational and time management skills.
Strong analytical and problem-solving abilities.
Effective communication and interpersonal skills.
Proficiency in inventory management software and systems.

Nice To Haves

Continuous Professional Development: Professionals should be committed to lifelong learning, seeking out opportunities for self-improvement, and staying abreast of industry trends and best practices.
Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others, contribute to team goals, and understand that diverse perspectives can lead to better solutions.
Results-Driven Performance: High-performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively.

Responsibilities

Purchases machine services, motors, castings, forgings, fabrications/machine parts and electrical components.
Prepares purchase orders and monitors inventory requirements.
Assists with selection of qualified vendors and monitors their performance for quality, delivery and cost.
Develops and cultivates good business relations with current and potential suppliers, negotiating price, terms and conditions of purchase and delivery.
Utilizes total cost analysis to evaluate supply chain options.
Works closely with the Production Scheduler to enable accurate forecasting and delivery schedules.
Collaborates with all departments to ensure on-time delivery.
Coordinate with suppliers for services and urgent drop shipments, obtain freight tracking numbers and communicate to operations status of delivery.
Participation in Xylem Watermark volunteer activities.
Identify and source potential suppliers.
Review and analyze supplier proposals.
Negotiate terms and conditions with suppliers.
Maintain and update supplier database.
Review and negotiate contracts for goods and services.
Ensure contracts comply with company policies and legal requirements.
Monitor contract performance and make necessary adjustments.
Evaluate and resolve contract disputes.
Analyze market trends and identify potential opportunities for cost savings.
Develop and implement procurement strategies.
Monitor and report on key performance indicators.
Conduct market research and benchmarking.
Cultivate and maintain strong relationships with key suppliers.
Monitor and evaluate supplier performance.
Resolve any issues or conflicts with suppliers.
Identify and develop new supplier partnerships.
Monitor and control costs related to procurement.
Develop and implement cost-saving initiatives.
Conduct cost analysis and identify areas for improvement.
Ensure compliance with budgetary constraints.
Ensure compliance with company policies and government regulations.
Identify and assess potential risks in the supply chain.
Develop and implement risk management strategies.
Monitor and report on compliance and risk management measures.