Commodity Buyer
$79k - $130kFull-time
Job Description
Benefits We offer a full complement of benefits that include medical, dental, and vision insurance; life, travel, and disability insurance; a flexible spending account; 401K plans; a pension plan; paid holidays and vacation. We also offer financial assistance programs if you decide to adopt a child or want to pursue further education. We have a comprehensive wellness program and an Employee Assistance Program, that supports individuals in the proactive management of their overall health and wellness.
The Truck Commercial Vehicle Systems Group of Hendrickson is looking for a Commodity Buyer to join our purchasing team in Woodridge, IL. Hendrickson is searching for an experienced supply chain professional to perform the strategic purchasing functions for assigned commodities, projects, and/or new product development programs. Works cross-functionally with all functional groups to manage supplier related opportunities. Responsible for developing optimal supply chain solutions for assigned purchased material. Takes an active role in improving processes and procedures to improve the overall effectiveness of the department. The Commodity Buyer will:
- Lead material cost reduction activities for assigned purchased material. Expected to independently identify cost reduction opportunities on a regular basis.
- Takes steps to minimize excess and obsolete inventory when usage is decreasing and negotiates to reduce costs when usage is increasing.
- Identifies and leverages opportunities by developing and managing contractual relationships as needed.
- Develop, foster, and enhance multi-departmental relationship(s) between Hendrickson Truck and key suppliers.
- Closes open supply base related issues efficiently and effectively.
- Assess current supply base on an on-going basis and recommend changes/alternatives that reduce purchased material cost and/or add higher value to purchased components.
- Monitor the marketplace for assigned commodities to identify trends, technology advancements, risk mitigation strategies, and cost-efficient alternatives to the status quo.
- Lead cross-functional analysis to prepare recommendation(s) for make vs. buy decisions.
- Consistently collaborates with other Hendrickson divisions to identify and leverage total spend and/or standardization opportunities that will reduce overall costs to Hendrickson.
- Ensure an uninterrupted supply of materials to production facilities through strategic management of the supply base.
- Completes risk analysis and risk mitigation projects to protect Hendrickson supply.
- Completes all purchasing tasks involved with the engineering change request process (e.g., RFQ, negotiation of costs and timing, supplier PPAP, etc.).
- Coordinate all aspects of Hendrickson "Warranty Recovery" Program regarding established warranty parameters for assigned commodities.
- Clearly documents relevant information about assigned parts and suppliers per department documentation guidelines.
- Maintains pricing agreements for all assigned purchased material and resolves any invoice discrepancies in a timely manner.
- Monitor and account for all fluctuations in purchase price variance (PPV) for assigned purchased material.
- Other duties as assigned.
- Bachelor's degree or MBA in Business or related field.
- Supply Chain concentration preferred.
- Professional designations or Certifications by recognized Purchasing organizations preferred.
- 2+ years of related supply chain work experience.
- Competence with Microsoft Office software required.
- Familiar with and working experience in an IATF-16949 or other Quality regulated manufacturing environment.
- Demonstrated negotiation success.
- Proficient in reading blueprints for engineered components.
- Demonstrated interpersonal and problem-solving skills required.
- Ability to plan, prioritize, and manage workload with independence.
- Highly competent communicator.
- Proven ability to concisely summarize, present, and discuss analysis & recommendations.
- High energy level and strong self-motivation.
- High standards of integrity required.
- Planning and organizational skills with an ability to handle a multitude of projects.
- Frequent sitting and working at computer for extended periods of time.
- Office setting.
- Minimal exposure to R&D lab and manufacturing setting.
Benefits We offer a full complement of benefits that include medical, dental, and vision insurance; life, travel, and disability insurance; a flexible spending account; 401K plans; a pension plan; paid holidays and vacation. We also offer financial assistance programs if you decide to adopt a child or want to pursue further education. We have a comprehensive wellness program and an Employee Assistance Program, that supports individuals in the proactive management of their overall health and wellness.
Vacancy posted 4 days ago
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