Commodity Buyer

Job TitleUnder moderate supervision, executes purchases of assigned commodities. Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes factors driving market price, evaluates and compares current price to market, as well as other opportunities to secure reduced prices. Analyzes and evaluates supplier bids, proposals, or quotations; negotiates prices and delivery conditions; and commits to purchases (within established limits of authority) with terms that are in the organization's best interest. Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and services. Acts as a resource to less experienced personnel.Essential Duties and ResponsibilitiesExecutes purchase contracts for assigned commodities.Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes factors driving market price, evaluates and compares current price to market to secure reduced prices.Analyzes and evaluates supplier bids, proposals, or quotations; negotiates prices and delivery conditions; and commits to purchases (within established limits of authority) with terms that are in the organization's best interest.Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and materials.Conducts ongoing and annual cost reduction analysis. Creates recommendations, presentations and reports out to management.Evaluates and provides recommendation to update current processes and procedures in order to ensure maximum efficiency in purchasing efforts.Acts as a resource to less experienced personnel.Performs other duties as assigned.Minimum Level of Education and Training RequiredRequires a Bachelor's degree in business, supply chain or related field2-5 years of relevant experience, or equivalent combination of education and experience.Knowledge of Purchasing procedures and termsKnowledge of supply chain theoriesAbility to break down and analyze supplier price proposalsExcellent written and oral communication skills and good presentation skillsCompetent level of experience using Microsoft Word and ExcelAnalytical skillsAbility to calculate mathematical figures and amounts such as discounts, interest and percentagesStrong organizational and time management skillsStrong customer service skillsAbility to work as part of a teamBenefits Summary:Medical, Dental, Vision, Prescription Drug plans401K with 4% Company MatchVacation/PTO and 13 Paid HolidaysBonus ProgramFSA/HSA and Dependent Care ProgramsCompany provided Life, Disability, ADD and Business Travel InsuranceVarious No Cost Wellness & Chronic Condition Management ProgramsVarious Optional Insurance programs such as legal, identity theft, critical illness, etc.Tuition ReimbursementCareer Development and Ongoing TrainingEmployee Assistance ProgramEmployee Spotlight and Recognition ProgramVolunteer OpportunitiesOnsite Fitness Center (vary by location)Cafeteria and food markets (vary by location)Onsite Health Clinic and Pharmacy (vary by location)Candidates residing 50+ miles from the work location are eligible for relocation assistance.Annual Salary: $64,000 - $79,000Job Identification 24724Job Category PurchasingJob Schedule Full timeLocations DMTN Maryville (Hybrid) DENSO