Job Description

Description

Position Summary

Position is responsible for the management of assigned raw material, indirect or non-production materials, MRO, services, or capital equipment spends and supporting achievement of department Key Performance Initiatives. The Senior Buyer will develop and coordinate commodity and supplier strategies which align with the organizational requirements to achieve the best cost and continuity of supply. Works in a cross-functional team environment with Procurement, Supply Chain, Regulatory, Quality, Sales, Tech Services, and Operations.

Essential Job Duties/Responsibilities

• The Senior Buyer will be responsible to coordinate and manage the purchasing requirements for Colortech facilities in the USA and Canada.  
• Maintains general purchase records and data, including raw material specification, price history, records of vendor financial and performance history, catalogues, and history records.
• Perform market analysis to establish key trends within the Supply Base, Market and Technology. Understands and effectively communicates market trends and cost drivers that include technological and business footprints of the material suppliers.
• Oversee quotation process, Total Cost of Ownership analysis and supplier selection based on the best performance and cost to the organization and in line with commodity and supplier strategy.
• Correspond with, and meets vendor representatives, visits vendor locations, and conducts vendor audits as necessary to evaluate vendor capability and maintain positive supplier relations.
• Develops legal conditions of purchase contracts, negotiating contracts, contract changes, adjustments, and terminations. Authorizes and monitors vendor performance against contractual agreements such as purchase orders, blanket orders, lease, and rental agreements.
• Development of commodity strategies to maximize purchasing leverage & continuity of supply which support the business requirements and objectives.
• Support material budget planning and costing requirements.
• Lead supplier negotiations and cost improvement workshops.
• Support vendor incident issues and lead corrective actions as necessary
• Drives achievement of Key Performance Initiatives and material cost savings objectives.
• Coordinate activities to support supplier performance objectives and supplier risk mitigation. 

Required Skills/Abilities

• This role requires strong industry knowledge, supplier relationship management, and strategic sourcing capabilities to ensure cost-effective and timely supply of high-quality materials. 
• Strong understanding of the key success factors of efficient global supply chain management.
• Ability to work in a team environment across all corporate functions.
• Strong analytical, communication, and organizational skills.
• Able to read blueprints and to understand basic engineering documents.
• Advanced Computer Skills (Microsoft Word, Excel, PowerPoint and Power BI)
• Microsoft Dynamics 365 Business Central and Power BI experience with preference a plus.
• Willingness and ability to travel.
• Self-motivated, able to manage many projects simultaneously.
• Possess knowledge of supply market trends and characteristics (e.g., associations, conferences, etc)
• Ability to facilitate commodity strategy meetings with cross-functional product teams.
• Able to lead and coordinate VA/VE activities with supply base.
• Solid knowledge of contract law and its applications regarding purchasing processes.
• Willingness to provide any other additional support as requested by management.

Education and Experience

• Preferred candidate would have a Bachelor’s degree in Supply Chain, Business, Logistics, Chemistry, or related field.

• 5+ years of procurement experience or relevant experience. Preference within the plastics or chemical industry. 

Other Duties

Duties, responsibilities, and activities may change, or new ones may be assigned at any time with or without notice.

Qualifications