Buyer (Project Purchasing)

About the role

Schaeffler is a dynamic global technology company and its success has been a result of its entrepreneurial spirit and long history of private ownership. As a partner to all of the major automobile manufacturers, as well as key players in the aerospace and industrial sectors, we offer you many development opportunities.

Responsibilities

• Develop and implement sourcing strategies to ensure a consistent and cost-effective supply of materials.
• Identify potential suppliers, conduct supplier evaluations, and negotiate contracts and pricing terms.
• Collaborate with cross-functional teams to understand raw material requirements and forecast demand.
• Monitor market trends, industry developments, and supplier performance to optimize sourcing decisions.
• Maintain accurate records of purchases, contracts, and supplier agreements.
• Resolve supplier issues, such as quality concerns, delivery delays, and price discrepancies.
• Drive cost-saving initiatives and identify opportunities for process improvement within the procurement function.
• Stay updated on regulatory requirements and compliance standards related to raw material sourcing.

Qualifications

• Bachelor’s degree in Business Administration, Supply Chain Management, Engineering or a related field
• Proven experience as a material buyer, procurement specialist or in supply chain
• Strong negotiation skills and ability to influence suppliers to achieve favorable terms
• Project management experience, including planning, coordinating, and delivering projects on time and within scope
• Excellent analytical and problem-solving abilities
• Proficiency in supplier management and contract negotiation
• Familiarity with procurement software and systems (e.g., ERP, eSourcing platforms)
• Effective communication and interpersonal skills
• Ability to work independently and collaboratively in a fast-paced environment
• External applicants must be authorized to work in the US without employment visa or other sponsorship

Benefits

• Comprehensive healthcare coverage: Employees receive access to a range of medical, dental, and vision insurance plans, ensuring their well-being and peace of mind.
• Generous retirement savings options: The company provides competitive 401(k) matching contributions (up to 6%), empowering employees to build a secure financial future.
• Professional development opportunities: The company invests in its employees' growth by offering skill development workshops, and ongoing learning and development programs. Through our Schaeffler Academy you will have access to a state-of-the-art and comprehensive learning and training offering.
• Wellness initiatives: Employees have access to wellness programs and resources aimed at promoting physical, mental, and emotional health, fostering a supportive and thriving work environment.