Buyer

Job Summary:

A Buyer is responsible for purchasing materials, supplies, or equipment for a business. Their duties include negotiating deals with suppliers, researching possible item selections, and taking inventory of current products.

Responsibilities:

• Develop yearly RFQ packages to negotiate and optimize the cost of raw materials, supplies, and other products
• Track negotiation progress using custom-made reports for Top purchased items.
• Develop and execute suitable Vendor Agreements for all suppliers and ensure compliance using vendor scorecards, factory visits, audits, random testing, and customer complaints and feedback.
• Establishes procedures to accomplish procurement of a variety of materials in a cost-effective manner.
• Establishes Purchasing performance metrics and drives progress towards assigned targets and goals.
• Analyzes key data and prepares monthly performance reports, and presents to senior management.
• Develops channels of supply and Key Performance Indicators (KPIs), driving optimal Total Cost of Ownership (TCO), continuous improvements, project savings opportunities, and mitigation of supply chain risks.
• Establishes purchasing policies and procedures and directs purchasing programs accordingly.
• Work cross-functionally and with vendors to develop clear and concise product specifications, including packaging, warehousing, labeling, and shipping requirements, for all goods and services.
• Build relationships with suppliers.
• Any other duties that the Company, in its sole discretion, may assign as needed.