Sr. Buyer

Ideal Industries Incorporated•Ajax, LA

35d•$74,363

About The Position

IDEAL Industries, Inc. has built a reputation for over a century by crafting iconic tools and practical technology required in aerospace, data communications, electrical, wire processing and construction. The global family of IDEAL brands includes IDEAL Electrical, Anderson Power, and Enatel. A vibrant and dynamic company, IDEAL is best known for our wire connectors, the gold standard for making electrical connections around the world. Nearly every commercial jet is assembled using IDEAL wire strippers and, as part of the critical equipment on NASA missions, our tools even help NASA astronauts fly to the moon. Most important, our products benefit skilled tradespeople, who reach for IDEAL tools every day. IDEAL is propelled by the concept of Building an IDEAL World. Our family-run business is committed to building ideal relationships with customers, employees, and communities by crafting some of our industry s most innovative and trusted tools. The Senior Buyer is responsible for ensuring the continuity of global supply for raw materials and purchased parts for the organization within the assigned supply base while achieving company targets on cost reductions, payment terms, inventory reduction, and contractual/commercial terms while mitigating risks to the Company. Additionally, this position is responsible for representing the function as a Business Partner to support other cross functional initiatives when needed.

Requirements

Bachelor s Degree, preferably in Business or Supply Chain or equivalent in related field.
Minimum 5 years within a manufacturing environment in strategic sourcing, procurement or purchasing role with some experience in international procurement.
Requires a working knowledge of ERP functionality.
Working knowledge of 7 step strategic sourcing/category management process.
Experience in various manufacturing processes (injection molding, metals, stampings, castings, packaging, private labels relationships) and MRO (including Freight)
Understanding of risk and cost drivers in subject commodities or categories.
Experience in working with Marketing, Product Management, Engineering in cross functional role to define requirements and sell the role as Business Partner
Working knowledge of Contract Management principles and practices
Must be proficient in Microsoft Office Suite specifically Excel (i.e. pivot tables, v look up), Word, PowerPoint, and preferably MS Project.
Travel up to 20% of the time, including occasional international travel

Nice To Haves

Professional certifications are preferred but not required.

Responsibilities

Implement Procurement Policy Definition and ensure compliance.
Responsible for managing assigned spend using Category Management process utilizing a Total Cost of Ownership methodology.
Relationship owner for assigned suppliers ensuring alignment with Company goals and internal escalations regarding Delivery, Quality, Cost, and Risk.
Business Partner with Marketing/Product Management/Engineering for technology screening and part requirement development for new and existing product road map.
Drive Company supplier assessments and auditing process with cross functional support.
Conduct timely negotiations with assigned supply base to support the Company cost management process on an annual and as needed basis.
Contracting (Supplier on boarding, NDA, Supply Agreement) and Contract Compliance
Supports New Product Introductions
Analyze and present make/buy recommendations to management.
Represent the function as the subject matter expert when it relates to your assigned categories or commodities which include commodity market, commodity risks, trends, and cost drivers.
Support ISO audits as required.
Participate as a member of a Project Team and/or Cross Functional Team as required.
Work with suppliers to collaboratively develop new solutions for the business.
Perform other related duties as assigned