Senior Strategic Buyer

## Senior Strategic BuyerApplyremote type: Hybridlocations: Chicago, Illinoistime type: Full timeposted on: Posted Todayjob requisition id: R47298Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.Job Summary: The Sr. Buyer is a senior-level position responsible for leading complex procurement projects and initiatives. This role involves conducting advanced sourcing and purchasing activities, performing in-depth cost analysis, and developing strategies to improve procurement efficiency and effectiveness. The Sr. Buyer works closely with cross-functional teams to identify and resolve procurement issues, implement cost-saving measures, and ensure compliance with regulatory requirements. Additionally, this role involves mentoring and training junior buyers and providing technical expertise to support continuous improvement efforts. Responsibilities: Sourcing and Procurement: • Identify and source potential suppliers • Review and analyze supplier proposals • Negotiate terms and conditions with suppliers • Maintain and update supplier database Negotiate and Manage Contracts: • Review and negotiate contracts for goods and services • Ensure contracts comply with company policies and legal requirements • Monitor contract performance and make necessary adjustments • Evaluate and resolve contract disputes Strategic Planning and Analysis: • Analyze market trends and identify potential opportunities for cost savings • Develop and implement procurement strategies • Monitor and report on key performance indicators • Conduct market research and benchmarking Supplier Relationship Management: • Cultivate and maintain strong relationships with key suppliers • Monitor and evaluate supplier performance • Resolve any issues or conflicts with suppliers • Identify and develop new supplier partnerships Cost Management: • Monitor and control costs related to procurement • Develop and implement cost-saving initiatives • Conduct cost analysis and identify areas for improvement • Ensure compliance with budgetary constraints Compliance and Risk Management: • Ensure compliance with company policies and government regulations • Identify and assess potential risks in the supply chain • Develop and implement risk management strategies • Monitor and report on compliance and risk management measures. High Impact Behaviors: • Continuous Professional Development: Professionals should be committed to lifelong learning, seeking out opportunities for self-improvement, and staying abreast of industry trends and best practices. • Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others, contribute to team goals, and understand that diverse perspectives can lead to better solutions. • Results-Driven Performance: High-performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively. Qualifications: • A bachelor’s degree in Business Administration, Supply Chain Management, or a related field with at least 4 years experience or equivalent work experience that provides exposure to fundamental theories, principles, and concepts. • In-depth understanding of inventory management principles and practices. • Experience with developing and implementing inventory management policies and procedures. • Excellent organizational and time management skills. • Strong analytical and problem-solving abilities. • Effective communication and interpersonal skills. • Proficiency in inventory management software and systems.The estimated salary range for this position is $95,000 to $105,000 plus bonus. Starting pay is dependent on multiple factors, such as skills, experience and work location, and is not typically at the top of the range. At Xylem we offer a competitive compensation package with a generous benefit package, including Medical, Dental, Vision plans, 401(k) with company contribution, paid time off, paid parental leave and tuition reimbursement.Xylem does not provide visa sponsorship for this position.LI-TM1Join the global Xylem team to be a part of innovative technology solutions transforming water usage, conservation, and re-use. Our products impact public utilities, industrial sectors, residential areas, and commercial buildings, with a commitment to providing smart metering, network technologies, and advanced analytics for water, electric, and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.At Xylem, you'll not only contribute to solving water issues but also have the chance to make a difference through our paid Volunteer Program, Xylem Watermark. We prioritize our employees' well-being through inclusion and belonging as well as our Employee Resource Groups (ERG). Proud to be an Equal Employment Opportunity (including disability and veterans) and Affirmative Action workplace, Xylem fosters an inclusive environment free from discrimination or harassment.Please note that the information in this job description outlines the general nature of the position and is not an exhaustive list of duties. Xylem is dedicated to providing reasonable accommodations to enable all employees to perform their essential job functions. We reserve the right to modify this job description and assign additional duties as needed. Embrace the opportunity to be part of Xylem's transformative journey in shaping the future of water technology! #XylemCareers #GlobalImpact #WaterInnovation #J-18808-Ljbffr