Senior Buyer (225-918)

A Senior Buyer is a pivotal role within procurement and supply chain management, responsible for the strategic acquisition of goods and services that a company requires to operate efficiently. This position not only demands an expert in negotiating and contract management but also someone skilled in supplier relationship management and performance evaluation. Senior Buyers need to possess a deep understanding of market trends, vendor landscapes, and procurement best practices to ensure cost-effective purchasing decisions that align with the company’s financial and operational goals. A Senior Buyer acts as a liaison between vendors and internal departments, ensuring quality standards are met while also focusing on long-term partnership development. They play a substantial role in identifying potential risks in the procurement process and developing strategies to mitigate them, ensuring seamless supply chain operations.

Responsibilities

• Develop and implement purchasing strategies aligned with company goals and objectives.
• Negotiate contracts, terms, and pricing with suppliers to secure advantageous terms.
• Analyze market trends to identify changes in demand, pricing, and supplier environment.
• Manage vendor relationships to ensure supply continuity and build long-term partnerships.
• Identify potential supply chain risks and develop measures to mitigate these risks.
• Collaborate with internal departments to forecast purchasing needs and requirements.
• Conduct performance evaluations and develop improvement plans for suppliers.
• Monitor inventory levels and place orders to ensure adequate stocks are maintained.
• Ensure all purchasing activities comply with company policies and legal regulations.
• Prepare and present reports on purchasing activities and market analyses to stakeholders.
• Mentor and provide guidance to junior team members and purchasing staff.
• Continuously seek out and implement cost-saving opportunities without compromising quality.

Requirements

• Bachelor’s degree in Supply Chain Management, Business Administration, or related field.
• A minimum of 5 years of experience in a procurement or buying role.
• Exceptional negotiation skills with a strong attention to detail in contracts management.
• In-depth knowledge of market research, data analysis, and vendor management.
• Proven ability to manage the entire procurement process from requisition to payment.
• Strong communication and interpersonal skills for effective stakeholder engagement.
• Proficiency in procurement software and tools, such as SAP, Oracle, or Ariba.