Senior Buyer
New River Electrical Corporation
Position Summary: NRE seeks an experienced, results-driven Sr. Buyer to join our team at New River Electrical Company. As a Sr. Buyer, you will support various internal teams in managing the sourcing process, suppliers, and managing relationships to ensure a seamless supply chain and optimize costs. You will also collaborate with cross-functional teams, make strategic decisions and implement best practices within our growing procurement function. This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market. We offer competitive compensation packages, health benefits and a supportive work environment that fosters learning and professional growth. Duties/Responsibilities:
- Support the Senior Sourcing Specialist to conduct comprehensive supplier analysis to formulate a strategic sourcing strategy, plan, or master profile that identifies new/suitable suppliers, optimize cost structures and proactively ensures continuity of supply based on macro market or industry trends.
- Manage the supply base by implementing a documented supplier management playbook to support EPC/large scale project work, including but not limited to drafting a supplier contract matrix, executing contractual PO releases with SOW, drafting design freezes issued to construction, status reports, FAT reports, and non-conformance reports.
- Ensure health of supply base by evaluating and selecting suppliers based on capability, quality, reliability, and price competitiveness.
- Develop supplier scorecard to measure supplier performance against agreed upon key performance indicators; tracks compliance and supports formal management reporting to the vice president and other members of senior management
- Benchmark, track, and analyze annual performance metrics and sourcing trends against budget to demonstrate continuous improvement and progress against strategic objectives.
- Coordinate with project management, outsourced engineering firms, and quality organizations to determine cause of rejected material and to drive appropriate changes to ensure elimination/reduction of those quality issues.
- Utilize owned or leased sourcing software and other platforms to manage requests, obtain market intelligence, and understand cost drivers to formulate business decisions.
- Advanced degree in business, supply chain, or procurement and 5+ years of experience working in one or more of the following: purchasing, contract negotiation, material or production planning, operations or supply chain management.
- 3+ years of technical procurement experience in highly engineered electrical equipment support utility and grid operations within substations and high-voltage lines.
- Knowledge of and established relationships with finished product manufacturers or manufacturer representatives in the utility industry.
- Experience in sourcing from a global supply base using various contractual models. Proven success working on cross-functional new service or product introduction projects, completing cost models, and negotiating.
- Familiarity with sourcing, buying, and solicitation purchasing software and systems within a purchasing function.
- Exceptional written, verbal and presentation communication skills.
- Ability to identify and resolve technical, operational and organizational problems. Detail-oriented, self-motivated and able to respond quickly to a fast-moving and ever-changing environment.
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