Strategic Sourcing Buyer

Sub-Zero Group•Madison, WI

1d•Onsite

About The Position

Sub-Zero, Wolf, and Cove, a leading manufacturer of luxury kitchen appliances, is a longstanding, family-owned company in the Madison area. The Strategic Sourcing Buyer will be responsible for managing assigned commodities and enabling/innovation projects through the Strategic Sourcing Department. This role involves working on cross-functional teams, creating and monitoring pricing/commodities, developing and executing sourcing strategies, creating risk mitigation strategies, conducting RFQs and supplier selection, negotiating, and managing total cost. Growth and development are important aspects of this position, offering opportunities for aspiring leaders or technical experts.

Requirements

Bachelor’s Degree
3+ years of purchasing experience in manufacturing
Excellent customer service and computer skills
Ability to read Engineering prints/CAD
High level of interpersonal and organizational savvy
Demonstrates creativity, technical skills, and problem-solving attributes
Intermediate knowledge of materials and manufacturing methods/processes
Willingness to continue technical education in assigned commodities
Ability to travel both domestically and internationally (20%+ travel required)

Nice To Haves

Bachelor’s Degree in Engineering, Supply Chain Management, or related field
CPSM/CPM
SAP experience
Prior experience negotiating contracts

Responsibilities

Select, qualify, and develop a strategic supply base.
Acquire sources for new technologies that provide a competitive advantage.
Serve as a commodity specialist by tracking and reporting market trends and economic conditions affecting assigned commodities.
Identify high-risk supply chains and implement contingency plans internally and externally.
Formulate sourcing strategies to support short-term and long-term operational requirements.
Develop accurate material cost forecasts based on market/industry/economic factors and suppliers’ pricing strategies.
Initiate and implement cost improvement projects with input from relevant stakeholders.
Lead and/or support supplier improvement initiatives and supplier quality assessments/audits.
Negotiate and maintain comprehensive contracts.
Develop material and component cost models within commodity responsibilities to accurately predict future material costs for the organization.
Select and qualify suppliers based on Total Cost of Ownership (TCO) incorporating customer needs, organizational goals, and market conditions.
Work with technical personnel both internally and externally in early stages of design to drive down cost and ensure adherence to specifications that support the company’s strategic vision.