Commodity Buyer
About the role
Executes purchase contracts for assigned commodities. Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes factors driving market price, evaluates and compares current price to market to secure reduced prices. Analyzes and evaluates supplier bids, proposals, or quotations; negotiate prices and delivery conditions; and commits to purchases (within established limits of authority) with terms that are in the organization's best interest. Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and materials.
Responsibilities
- Executes purchase contracts for assigned commodities
- Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply
- Recognizes factors driving market price, evaluates and compares current price to market to secure reduced prices
- Analyzes and evaluates supplier bids, proposals, or quotations; negotiate prices and delivery conditions; and commit to purchases (within established limits of authority) with terms that are in the organization's best interest
- Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and materials
- Conducts ongoing and annual cost reduction analysis
- Creates recommendations, presentations and reports out to management
- Evaluates and provides recommendation to update current processes and procedures in order to ensure maximum efficiency in purchasing efforts
Requirements
- Requires a Bachelor’s degree in business, supply chain or related field
- 2-5 years of relevant experience, or equivalent combination of education and experience
Qualifications
- Knowledge of Purchasing procedures and terms
- Knowledge of supply chain theories
- Excellent written and oral communication skills and good presentation skills
- Critical thinking and problem-solving skills
- Competent level of experience using Microsoft Word and Excel
- Analytical skills
- Strong organizational and time management skills
- Strong customer service skills
Skills
- Ability to calculate mathematical figures and amounts such as discounts, interest and percentages
- Strong negotiation and contract management skills
- Ability to work independently and as part of a team
Benefits
- Medical, Dental, Vision, Prescription Drug plans
- 401K with 4% Company Match
- Vacation/PTO and 13 Paid Holidays
- Bonus Program
- FSA/HSA and Dependent Care Programs
- Company provided Life, Disability, ADD and Business Travel Insurance
- Variety of No Cost Wellness & Chronic Condition Management Programs
- Variety of Optional Insurance programs such as legal, identity theft, critical illness, etc.
- Tuition Reimbursement
- Career Development and Ongoing Training
- Employee Assistance Program
- Employee Spotlight and Recognition Program
- Volunteer Opportunities
- Onsite Fitness Center (vary by location)
- Cafeteria and food markets (vary by location)
- Onsite Health Clinic and Pharmacy (vary by location)
Pay
$64,000 - $79,000 annually
Schedule
Full-time