Strategic Buyer

Ivoclar NA•Franklin Township, NJ

5d•Onsite

About The Position

The Strategic Buyer will manage supplier lifecycle management, 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 outcomes for cost savings and inventory optimization, supporting budgeting and forecasting, performing scenario analysis for supply disruptions, and preparing reports for management. Additionally, the Strategic Buyer will develop and maintain supplier performance scorecards, lead supplier business reviews, establish escalation procedures, and support supplier audits. Collaboration with cross-functional teams for supplier onboarding, facilitating reviews, maintaining vendor information in an ERP system, and providing purchasing oversight are key responsibilities. The role requires performing tasks using ERP/SAP systems and exercising good judgment regarding safety and operational policies.

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.