Strategic Buyer

Ivoclar North America•Somerset, NJ

5d•Onsite

About The Position

The Strategic Buyer will manage the supplier lifecycle, develop and implement procurement strategies for local and global markets, and lead supplier negotiations for pricing, terms, and contracts. This role involves implementing and managing supplier agreements, renewals, and commercial compliance. The position also focuses on analytics and cost management, translating data into actionable insights for cost savings and inventory optimization, supporting budgeting and forecasting, and performing scenario analysis for supply chain risks. Supplier performance management, including scorecards and business reviews, is a key responsibility. The Strategic Buyer will also collaborate cross-functionally on supplier onboarding, facilitate proof/first article reviews, and manage vendor activities within an ERP system. General responsibilities include using ERP/SAP systems, exercising good judgment, and adhering to safety and operational policies. This role may require up to 20% travel to local and global locations. Errors or negligence could significantly impact the company's ability to meet internal and external customer expectations.

Requirements

Bachelor's degree in Business, Supply Chain, or related field.
Minimum 5 years purchasing experience with strong business acumen.
Experience with ERP system, SAP preferred.
Ability to work effectively with internal / external partners with focus on relationship building.
Ability to effectively organize and prioritize workload to complete task in a timely manner.
Strong attention to detail, quality conscious, and excellent organizational skills.
Excellent communication and interpersonal skills, both oral and written.
Ability to work effectively with employees from all levels of the company.
Software skills in Microsoft Office, specifically Excel.

Responsibilities

Manage Supplier lifecycle management.
Develop and implement procurement strategies to support local and global markets.
Lead supplier negotiations not limited to Pricing, Terms and Conditions and Contracts.
Implement and manage supplier agreements, renewals, and commercial compliance.
Translate data into actionable outcomes targeting cost savings opportunities and inventory optimization.
Support budgeting and forecasting activities.
Perform scenario analysis for supply disruptions, demand variability, and sourcing changes.
Prepare reports and presenting findings to divisional and senior management.
Develop and maintain supplier performance scorecards.
Lead supplier business reviews and corrective action plans per defined intervals.
Establish an escalation procedure with suppliers to ensure quality and availability of materials.
Support supplier audits and qualification activities with Quality and Regulatory teams.
Participate in cross-functional project teams to support Supplier / Material onboarding.
Facilitate Proof / First Article review with internal and external stakeholders.
Setup and maintain all Vendor / Supplier activities within an ERP system.
Provide internal purchasing oversight and timely closure of invoices.
Perform various tasks using ERP / SAP systems.
Exercise good judgment in accordance with safety and operational policies and procedures.