Purchasing Buyer

Troy, Michigan Purchasing Buyer #1061729 Job Description: Position Summary: To provide immediate support to the procurement function. The contractor will manage purchase orders, track raw materials and MRO consumables, facilitate RFQ processes, and deliver spend analytics. This role works cross-functionally with operations, cost estimating, finance, and suppliers to ensure timely, cost-effective procurement while maintaining accurate documentation and compliance with company agreements. The contract may be extended based on business need and performance. Key Responsibilities: Fasteners & Consumables Procurement Source, quote, and manage purchase orders for industrial fasteners including bolts, screws, nuts, washers, rivets, and specialty hardware to specification Manage consumables categories including brake fluid, adhesives, sealants, and lubricants Interpret engineering drawings and part specifications to ensure correct fastener grade, thread form, drive type, finish, and material (e.g., SAE, metric, stainless, zinc-plated) Negotiate pricing and supply agreements with fastener distributors and VMI (Vendor Managed Inventory) providers to reduce unit cost and ensure stock availability Monitor consumption trends for high-velocity consumables and collaborate with production and maintenance teams to right-size inventory and reduce waste Conduct spend analysis on fastener and consumable categories to identify consolidation opportunities and benchmark pricing against market standards Support standardization initiatives by working with engineering to reduce fastener variety across platforms, driving economies of scale Purchase Order Management Issue, update, and manage purchase orders in accordance with approved requisitions and procurement policies Monitor PO status, delivery schedules, and supplier acknowledgments to ensure on-time fulfillment for pre-production parts Maintain accurate PO records and ensure proper documentation throughout the order lifecycle Support change management tracking during design phases, coordinating PO updates and revisions as engineering changes occur Manage PO updates for raw material adjustments per contracts with suppliers Contract & Agreement Management Administer NDA processes with suppliers and prospective vendors, coordinating with legal as required Track NDA execution status and maintain an up-to-date repository of signed agreements Ensure NDA coverage is in place prior to sharing proprietary specifications or pricing information Support management and tracking of General Terms & Conditions (GTCs), Purchased Part Agreements (PPAs), and other supplier contracts Monitor contract compliance and proactively flag agreements at risk of falling behind on key milestones or obligations Assist in managing the contract lifecycle from initiation through execution, renewal, or close-out Spend Analysis, Reporting & Budget Management Conduct spend analysis across categories, suppliers, and business units on a monthly basis Develop and maintain purchasing dashboards and reports to support management decision-making Identify cost reduction opportunities and savings trends through data analysis Assist in preparing period-end procurement reports and KPI summaries Partner with finance to serve as the team's primary point of contact for budget tracking and cash flow management Maintain visibility into team spend to help identify opportunities to offset cost impacts and plan for future savings Data Analytics & Tools Collaboration Partner with internal data analytics resources to leverage tools and dashboards that improve team efficiency and procurement visibility Contribute to the development and adoption of analytical workflows that support faster, data-driven purchasing decisions Share insights and reporting outputs across the team to build collective knowledge and process consistency Qualifications: Education & Experience: Bachelor's degree in Supply Chain Management, Business Administration, or related field preferred 2+ years of experience in purchasing, procurement, or supply chain operations; candidates with direct fastener or MRO category experience are strongly encouraged to apply Experience in a manufacturing or automotive environment strongly preferred Skills & Competencies: Proficiency with ERP/MRP systems (e.g., SAP, Oracle, NetSuite, or similar) Advanced skills in Microsoft Excel for data analysis, pivot tables, and reporting Intermediate + skills in using AI tools Strong organizational skills with the ability to manage multiple priorities simultaneously Excellent written and verbal communication skills for cross-functional and supplier interaction Detail-oriented with a high degree of accuracy in data entry and documentation Demonstrated knowledge of industrial fastener standards (SAE, metric, ASTM grades) and MRO consumable categories; experience with VMI programs and distributor management is a plus Additional Info: At FastTek Global, Our Purpose is Our People and Our Planet . We come to work each day and are reminded we are helping people find their success stories . Also, Doing the right thing is our mantra . We act responsibly, give back to the communities we serve and have a little fun along the way. We have been doing this with pride, dedication and plain, old-fashionedhuman hard work for 24 years! FastTek Global is financially strong, privately held company that is 100% consultant and client focused. We’ve differentiated ourselves by being fast, flexible, creative and honest. Throw out everything you’ve heard, seen, or felt about every other IT Consulting company. We do unique things and we do them for Fortune 10, Fortune 500, and technology start-up companies. Our benefits are second to none and thanks to our flexible benefit options you can choose the benefits you need or want, options include: Medical and Dental (FastTek pays majority of the medical program) Vision Personal Time Off (PTO) Program Long Term Disability (100% paid) Life Insurance (100% paid) 401(k) with immediate vesting and 3% (of salary) dollar-for-dollar match Plus, we have a lucrative employee referral program and an employee recognition culture. FastTek Global was named one of the Top Work Places in Michigan by the Detroit Free Press in 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, and 2023! AI & Hiring Disclosure We use AI tools to support parts of our hiring process, such as reviewing applications and identifying potential matches. These tools are designed to promote efficiency, consistency, and fairness, and they are always used under human oversight. All personal data collected is used solely for recruitment purposes, and you have the right to know, access, or request deletion of your data at any time, subject to legal limits. If AI will be used in a video interview, you'll be informed in advance and asked for your consent, with the option to opt out. Our tools are regularly reviewed to detect potential bias and to ensure compliance with all applicable laws and our commitment to inclusive hiring. To learn more or exercise your rights, please contact us at View email address on click.appcast.io. #J-18808-Ljbffr