Sr Project Buyer

About the role

The Sr Project Buyer is a member of the Development, Partnerships, and Innovation team and represents the Global Procurement function inside the Sourcing & Project Development team. The Sr Project Buyer manages and coordinates Procurement activities for all levels of product development projects, including strategic class A Projects. For particularly complex projects, the Sr Project Buyer may coordinate with multiple members of the Sourcing & Project Development team to address the full scope of Procurement activities within the Project.

Responsibilities

• Identify the needs, challenge and benchmark technical solutions proposed by R&D to improve margin and reduce risk, including components life cycle management.
• Leverage relationships with suppliers to bring innovative new solutions to the project in order to better meet the project needs.
• Define the Sourcing strategy together with the category manager.
• Find, select, negotiate, contract and manage relationships with international and domestic vendors to achieve Quality/Cost/Delivery goals of Program & long-term Procurement objectives.
• Identify Purchasing risks, propose and manage execution of mitigations, and capture strategic business opportunities.
• Monitor and improve project development cost, timelines, and Final Product cost (MSC) to fit with Project objectives.
• Collaborate with R&D, Quality, legal, Manufacturing, Sales and Finance departments when appropriate.
• Report directly to local, regional, global, and executive management on project priorities, including appropriate escalation channels when required.
• Partner with R&D to develop Design-to-Cost and Design-to-Value models for new components and/or high-level assemblies.
• Ensure that all consultations and/or negotiations are managed in accordance with the existing strategies/agreements and with Corporate Procurement and legal guidelines.
• Develop negotiation strategies, manage & negotiate contracts in collaboration with legal department.
• Build support for global procurement by consistently delivering professional support, specialty knowledge, technical competence, and innovative benefits.
• Manage procurement activities in alignment with existing supplier relationships & agreements in coordination with the Global Category Managers’ strategies and project/program agenda.
• Leverage introduction of new components to investigate potential new suppliers, jumpstart strategic shifts in commodity panels, or reinforce commodity strategies defined by O