IMI Precision Engineering Buyer III in Littleton, Colorado
The Senior Buyer will provide day to day tactical procurement support for the purchase of materials, components, services, and supplies in support of the manufacturing operation. Provide procurement support to ensure the use of suppliers of best performance relative to quality, on-time delivery, total cost and service. Individual must be able to effectively and efficiently communicate information internally and externally. This individual will purchase components and materials from external suppliers as well as Norgren inter-company suppliers. Additionally, the Senior Buyer will provide support for strategic sourcing by assessing current supplier base and developing future purchase strategies and actions to proactively reduce total cost and optimize performance. The Senior Buyer is responsible for supplier quality and development.
Negotiate contracts with suppliers and conduct buy negotiations.
Lead in managing supplier performance by addressing issues such as rejections and quality problems and supplier requested schedule changes. Own all supplier performance metrics.
Lead supplier consolidation and rationalization efforts.
Determine material requirements from production schedules and prepare purchase order and bid requests to ensure efficient movement of materials.
Develop, establish, and maintain supplier performance measurements as needed to support the objectives of the divisions.
Communicate company requirements (price, delivery, specification revision) via timely and accurate transmission of purchase orders and change orders to suppliers.
Participate in Material Review Board meetings.
Configure/improve logistics routes to balance the needs of the business and optimize total cost.
Manage any change of suppliers, including the transfer of tooling, in those instances where current supplier(s) have not demonstrated an ability to meet IMI’s expectations for performance.
Source new components, negotiate pricing, procure parts for production builds and manage material flow to ensure timelines are met.
Update ERP data (supplier lead times, pricing, economic order quantities (EOQ), pay terms, FOB terms, etc).
Provide pertinent and timely information to suppliers such as demand forecasts (as provided by planning) to assist suppliers in their capacity and material planning.
Review potential shortages and expedite delivery of goods. Notify scheduling of unavoidable shortages, including delivery schedule which will end the shortage condition.
Plan and manage inventory position and inventory turns.
Review inventory for overstocks and cancel/reduce orders where necessary.
Procure all tool modifications, refurbishments or replacement tooling for production parts.
Work with Engineering to resolve any tool related issues.
Develop suppliers to improve delivery and reduce quality issues for production parts. Identify and implement new suppliers where existing suppliers are not capable of meeting IMI’s requirements.
Follow up with suppliers to ensure supplier quality requirements are correct
Work to maintain or lower the total cost of procurement. When cost increases arise, quote products with alternate suppliers to avoid increases.
Seek out savings opportunities through tooling modifications/new tooling with the help of Engineering as needed.
Participate in derivative and NPI projects as assigned.
Support and adhere to divisional and corporate policies and procedures.
Other duties/projects as assigned.
Education and Experience
Bachelor’s degree from a four-year college or university.
Minimum 7 years of related experience
Experience in a manufacturing environment
Skills and Competencies
Ability to read, analyze, and interpret general business periodicals and IMI policies and procedures.
Ability to write reports, business correspondence procedures and work instructions.
Ability to effectively present information and respond to questions from managers, peers and vendors
Ability to calculate figures and amounts such as discounts, interest, proportions and percentages.
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Thorough understanding of MRP logic, schedules & typical MRP system features.
Basic technical design, process repeatability, and GD&T understanding
Preferred prior supervisory experience
Computers and Technology
Proficient with MS Office 007 (Word, Excel, Outlook and PowerPoint)
ERP Experience required , Oracle preferred
APICS CPIM certification preferred
Job ID 2020-32102
# of Openings 1
Category Supply Chain
Platform IMI Precision Engineering