Summary:

The Purchasing Agent is a key liaison between external suppliers and internal departments. This role demands high mathematical accuracy and analytical precision to support procurement decisions, cost evaluations, and inventory control. The ideal candidate will possess a strong aptitude for numbers, pricing analysis, and data-driven decision-making. They will negotiate optimal purchasing terms and ensure procurement activities meet production schedules and quality standards.

Key Responsibilities:

• Analyze price proposals, supplier quotes, and cost structures to determine fair and accurate pricing.
• Evaluate supplier performance based on cost, quality, lead time, and compliance to standards.
• Use mathematical models to forecast inventory needs based on production demands and usage trends.
• Negotiate pricing, volume discounts, and delivery terms to reduce total cost of ownership.
• Audit vendor invoices against purchase orders and receipts for mathematical accuracy.
• Create and maintain precise purchase orders with defined material specifications and cost parameters.
• Maintain and update vendor master data, including pricing tiers, MOQ, lead times, and cost structures.
• Conduct regular variance analysis to compare actual spend vs. budget and identify discrepancies.
• Review production work orders for material allocations and ensure correct inventory valuation.
• Monitor and analyze inventory turnover, usage rates, and reorder points to minimize waste and overstocking.
• Track and report KPIs related to cost savings, supplier reliability, and procurement accuracy.
• Utilize ERP (Axapta) systems to manage item setups including material yield, mil thickness, supplier codes, and order configurations.
• Partner with production and quality teams to evaluate defective products and resolve quality issues.