Sr. Buyer / Procurement Analyst
IndotronixIndotronix is seeking an:
Onsite Job: Sr. Buyer / Procurement Analyst
Work Location: Radford, VA
Duration: 06+ Months, Temporary to Hire
Shift: 8:00 AM–5:00 PM
Work Schedule: 9/80
Position Description
• In charge of identifying, qualifying, and onboarding global suppliers with consideration of achieving the sector offset targets and other business objectives.
• Demonstrate technical capabili
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ty in order to communicate effectively with design / component engineering on quality improvement topics and cost reduction / design change opportunities both internally and within the supply base.
• Exhibit good interpersonal skills in order to grow supplier relationships to support our business needs.
• Identify and collaborate with internal stakeholders and suppliers to introduce new and innovative technologies and processes to improve margins and service delivery.
• Monitor and evaluate global market trends, intervene to manage/mitigate the impact of supply shortfalls or price adjustments, or market opportunities.
• Responsible for leading and implementing long-term strategic projects and executing long-term strategic supplier agreements.
• Drives strategic initiatives, manages and fully executes the RFQ process, analyzes supplier bids, and makes sourcing decisions.
• Development of suppliers approved for quote while collaborating with program and category teams.
• Enhance and strengthen supplier relationships.
• Further the development and implementation of long-term strategic projects and engage in a high degree of collaboration and communication with commodity managers, tactical buyers, and other integrated supply chain areas.
• Ability to analyze forecasted data and suppliers' bids.
• Applies continuous improvement techniques and methods to internal processes and systems to increase efficiency and reduction of cost.
• Ensure appropriate cost or price analysis is performed to determine the reasonableness of the supplier's bid or to develop a negotiation position to ensure that all compliance documentation requirements are met.
• Responsible for the prompt close-out of completed orders.
• Responsible for total supplier performance throughout the life cycle of procured materials and services.
• Maintains a safe work environment and ensures compliance with safety objectives and policies.
• Shares responsibility of self-development with immediate supervisor.
Skills Required
• Working knowledge of developing RFQ/RFP, contracts, preparing financial analysis, negotiations, and PO documentation.
• Working knowledge of engineering requirements, terms, and blueprints.
• Ability to manage data, analytics, and reporting in ERP..
Experience Required
• Experience with purchasing multiple commodities.
• Experience with reading and interpreting schematics and component drawings.
• Experience working with cross-functional teams.
• Experience utilizing MS Office Suite (Excel).
Experience Preferred
• Experience in the Defense Industry.
• Experience in ITAR restrictions and FAR/DFAR requirements.
• Experience in Advanced Product Quality Planning (APQP).
• Experience in supplier audits.
Education Required
• Bachelor's Degree and 4 years' work experience or equivalent experience.