Sr. Buyer

Job Title Salary offers are based on a variety of factors including qualifications and experience. Pay Range: $80,000 - $90,000 (salaried exempt position) Benefits Medical, dental, and vision may start one month from date of hire. Medical Options: Aetna Health Fund, PPO, EPO; Kaiser HMO Dental Options: Aetna Basic Plan & High Option Plan Vision plan through Vision Service Plan (VSP) Vacation - start earning at an annual 2-week rate from day one. Ten (10) paid holidays + up to 2 additional floating holidays per calendar year. Up to six (6) paid sick days per year. Bonus incentives depending on position and level. Basic life, basic accidental death, and dismemberment coverage. Employee Stock Purchase Plan annual optional enrollment period. 401(k) Plan with matching employer contributions (50% on the first 6%) Short term and long-term disability. Snap-on offers a 50% discount for tools and merchandise. Discounts for other various services and items such as phone services, computers, travel, auto rentals and more. Employee Assistance Program that includes Mental Health Counseling, Life Coaching and Legal/Financial Resources for employees and immediate family members. Other health education programs include smoking cessation, and seasonal flu shots. Education Assistance for qualified associates at $5,250/annually Market competitive compensation with rewards for high performance and special skills Position Overview The primary responsibility is to build and maintain strong supplier relationships to ensure the procurement of high-quality materials at the most competitive prices. This supports both production schedules and inventory goals. Key activities include negotiating pricing, establishing Short Term and Long-Term Agreements (LTAs) with suppliers, and implementing inventory stocking programs. The role requires the use of discretion and independent judgment in making financial decisions. Essential Functions, Duties and Responsibilities include but are not limited to the following. Other duties may be assigned. Represents a summary of the range of duties, tasks, and responsibilities. Intended to outline the minimum qualifications necessary for entry into the position/class and do not necessarily convey the qualifications of incumbents within the position/classification. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Develops and executes sourcing strategies that align with end-to-end supply chain objectives, focusing on quality, cost, and delivery performance. Negotiates and manages supplier Short-Term and Long-Term Agreements (LTAs), contracts, price books, volume purchasing agreements, and inventory stocking programs. Initiates Requests for Quotation (RFQs) evaluates supplier bids, and collaborates with the Materials Manager to finalize pricing and implement agreements. Ensures material availability to meet the Master Production Schedule (MPS) and monthly shipment plans in accordance with purchasing policies and procedures. Manages supplier relationships, including risk assessments, business reviews, and readiness evaluations for assigned suppliers. Identifies alternative sourcing options and product substitutes to reduce costs and mitigate inventory risk. Partners with Engineering and Quality teams on new product designs, cost analyses, and make-versus-buy decisions. Maintains and analyzes purchasing master data (e.g., lead times, pricing, suppliers, safety stock, order minimums) in the ERP system to ensure accurate Material Requirements Planning (MRP). Leads initiatives to improve material flow through strategies such as kanban, vendor-managed inventory, and consignment programs. Investigates and resolves receiving and invoicing discrepancies. Collaborates with Quality to address supplier rejections, ensuring timely and effective corrective actions. Reviews technical drawings and documentation with Engineering and Quality to ensure supplier understanding and compliance with the latest specifications. Approves Engineering Change Notices (ECNs) for assigned commodities. Identifies impacted materials, coordinates rework or scrap decisions, and evaluates cost impacts. Manages the disposition of non-conforming materials by coordinating returns (RMA), replacements, and reimbursement for rework or scrap with Engineering, Quality, and suppliers. Prepares reports and action plans, tracks and analyzes Purchase Price Variance (PPV), and maintains relevant procurement metrics. Identifies best-value suppliers, develops sourcing plans for new product introductions (NPI), and optimizes lead times and total landed cost. Collaborates cross-functionally with Engineering and Operations to support NPI, resolve quality issues, and drive continuous improvement across the supply chain. Develops and manages vendor scorecards; performs supply risk assessments and supports cost-reduction initiatives. Ensures accuracy of purchase orders and monitors procurement data for continuous improvement. Executes MRP-driven planning for production parts, including timely creation of work orders and requisitions for both make and buy items. Manages inventory levels for product lines by determining optimal order quantities, lead times, and warehouse capacity. Coordinates scheduling changes and production priorities with key stakeholders to maintain efficient operations. What You Bring to the Team Bachelor's degree in supply chain or business management strongly preferred or equivalent experience in similar discipline. Two plus years' experience managing external suppliers P.M. and/or APICS certification preferred. Experience with Tableau and SQL. Minimum four (4) years' procurement experience in a manufacturing environment. Hands-on experience with MRP systems Excellent MS office software (Excel, Word, Outlook) Effective verbal and written communications skills Excellent negotiation and problem-solving skills Ability to work effectively in teams and individually, handling multiple priorities simultaneously, developing and executing effective action plans. Ability to read engineering drawings preferred Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists and recommend and implement resolution. Develop standards as needed, manage processes, analyze information, and problem solving and decision making. Analyzing information and process improvement is a must as well as attention to detail. #J-18808-Ljbffr Snap-on