Senior Buyer 06J26

The Senior Buyer is a key role within the purchasing and procurement department, responsible for efficiently managing the acquisition of products and services required by the organization. This position demands a blend of strategic thinking, market insights, and negotiation skills to ensure optimal sourcing solutions that align with the company's goals and contribute to business growth. The Senior Buyer will collaborate closely with suppliers and internal stakeholders to secure the best value and quality while maintaining compliance with industry regulations and organizational policies. Strong analytical abilities and attention to detail are crucial for evaluating vendor proposals and overseeing the inventory management process. Ultimately, this role is essential in maintaining the company's competitive edge through effective cost management and supplier relationships.

Responsibilities

• Develop and implement sourcing strategies that align with organizational goals and objectives.
• Conduct thorough market research to identify potential suppliers and evaluate their capabilities.
• Negotiate favorable terms and conditions with suppliers to achieve cost-effective solutions.
• Manage relationships with key suppliers to ensure quality and reliability of products and services.
• Monitor and analyze market trends to anticipate supply chain challenges and opportunities.
• Oversee inventory management processes to maintain optimal stock levels and minimize risks.
• Coordinate with internal departments to specify procurement needs and develop sourcing plans.
• Prepare and review contracts, ensuring compliance with industry regulations and company policies.
• Track key performance indicators related to purchasing and report findings to management.
• Identify and implement cost-saving initiatives and process improvements in procurement activities.
• Serve as a point of escalation for any procurement-related issues or disputes.
• Provide guidance and support to junior buyers and other procurement staff as necessary.

Requirements

• Bachelor's degree in Business, Supply Chain Management, or a related field required.
• At least five years of experience in purchasing or procurement within a similar industry.
• Proven track record of successful negotiation and supplier relationship management.
• Strong analytical skills with the ability to assess market trends and supplier capabilities.
• Excellent communication and interpersonal skills to collaborate with various stakeholders.
• Ability to manage multiple priorities and projects in a fast-paced environment.
• Proficiency in procurement software and Microsoft Office Suite, especially Excel.