Jobs · Purchasing · Michigan

Advanced Buyer

Minth North America, Inc. · Wixom, MI · 3 wk ago
PurchasingFull-time

About the role

The successful candidate will play a crucial role in optimizing the procurement process, managing vendor relationships, and driving cost savings initiatives.

Responsibilities

  • Market Research and Analysis:
    • Conduct in-depth market research to identify potential suppliers, industry trends, and pricing dynamics.
    • Analyze market conditions, supplier capabilities, and product specifications to make informed purchasing decisions.
  • Vendor Management:
    • Develop and maintain strong relationships with existing and potential suppliers.
    • Negotiate contracts, terms, and conditions to secure favourable agreements.
    • Evaluate supplier performance and conduct regular vendor assessments.
  • Cost Optimization:
    • Implement cost-saving strategies and initiatives to maximize efficiency.
    • Identify opportunities for process improvements and implement best practices in procurement.
  • Risk Management:
    • Assess and mitigate risks associated with the supply chain, such as supplier disruptions and market fluctuations.
    • Develop contingency plans to ensure a continuous and reliable supply of goods and services.
  • Collaboration:
    • Work closely with cross-functional teams, including finance, logistics, and quality assurance, to align procurement strategies with overall business objectives.
    • Collaborate with internal stakeholders to understand their requirements and provide effective procurement solutions.
  • Compliance:
    • Ensure compliance with relevant regulations, industry standards, and company policies.
    • Stay informed about changes in legislation and industry practices that may impact procurement activities.
  • Contract Management:
    • Draft, review, and negotiate contracts with suppliers, including terms and conditions, delivery schedules, and pricing structures.
    • Monitor contract performance and address any deviations or issues.
  • Technology Utilization:
    • Leverage procurement technology and tools to streamline processes and enhance data-driven decision-making.
    • Stay updated on advancements in procurement technology and recommend system improvements as needed.

Requirements

  • Bachelor's degree in business, supply chain management, or a related field. Master's degree or relevant certifications (e.g., CSCP, CPSM) is a plus.
  • Proven experience as a buyer or procurement professional in metal commodities or non-metals, with a track record of successful negotiations and cost savings.

Skills

  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal abilities.
  • In-depth knowledge of procurement principles, practices, and market trends.
  • Familiarity with procurement software and tools.
  • Ability to work independently and collaboratively in a fast-paced environment.
  • Strong negotiation and contract management skills.

Benefits

  • International development platform.
  • Dynamic and efficient team.
  • All-round personal improvement.
  • Personalized humanistic care.
  • Diversified working atmosphere.
  • Modern office setting.
  • Competitive compensation package.

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