Inventory Planner / Buyer - Manufacturing
Nibco Inc
NIBCO is a recognized leader in the flow control industry. Headquartered in Northern Indiana, with a manufacturing history that spans over a century, NIBCO operates manufacturing facilities across the United States, as well as Mexico and Poland. NIBCO is known by our customers for exceptional quality, commitment to on-time delivery, and outstanding product innovation. Setting us apart from our competitors is our people. If you're looking for a place where your hard work and great ideas make a difference--NIBCO is the place for you. POSITION INFO: This position is responsible for activities related to the purchasing and management of finished goods, capital equipment and related spend categories. The role will also have exposure to the SAP vendor master, material master, and business warehouse. RESPONSIBILITIES: * Establish and maintain appropriate levels of purchased finished goods inventories, meet demand requirements, work to maintain on time delivery and inventory turn rate metrics. * Work to identify best practices to obtain required products at best landed cost utilizing a qualified supply base capable of delivering a defined quality level of product when and where required. * Develop and provide commodity research analysis to support commodity and supply base strategies. Ability to evaluate and present RFQ results for new or current product sourcing. Support sourcing new products, requests for supplier samples, facilitate cross functional requests that ultimately involve the supply base. * Identify and mitigate supply and supplier risks. Evaluate new and current supplier performance. Manage the supplier relationships. * Work with various internal and external suppliers, customers, groups and individuals to bring assigned projects to timely completion. * Support new product development projects and act as Procurement representative on cross-functional teams as assigned. * Establish and maintain supplier contracts and related master data. * Continually monitor, market test and evaluate landed cost of purchased products. Negotiate/re-negotiate pricing, freight, duties, payment terms and rebates as required to maintain or improve purchased product cost. * Identify on-going opportunities for improvement within the functional area. Ex/Cost Reduction Opportunities. * Maintain necessary systems and tools to facilitate job requirements. * Participate in sourcing strategies for capital equipment, tooling, and infrastructure projects by drafting, reviewing, negotiating and administering contracts. Including terms related to pricing, delivery, warranties, performance, penalties, and service agreements. * Leverage ERP/MRP systems and data analytics to improve visibility and decision making. EXPERIENCE: Experience in the following areas: SAP, Finished Goods Procurement, Inventory Demand Planning, Supplier Relationship Management and Contract Negotiations. Microsoft; Word, Excel, PowerPoint, Outlook. Experience working with overseas vendors a plus. EDUCATION: Bachelor Degree required or equivalent combination of education and work experience. TRAINING AND SKILLS: 2-4 years of Procurement and or Inventory Management experience required. Some travel required. PHYSICAL DEMANDS / ENVIRONMENTAL FACTORS: Prolonged periods sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times. NIBCO is committed to equal opportunity employment. It is the policy of NIBCO to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. Quality Products Since 1904 A recognized brand leader bringing flow control products and technologies to market, NIBCO has a history of success and innovation in the plumbing industry. Headquartered in Elkhart, Indiana, we operate multiple manufacturing plants and distribution centers strategically located throughout the United States and globally, and offer more than 36,000 SKUs, including our NIBCO family brands, Webstone, Chemtrol and Sure Seal. Today, NIBCO is a fifth-generation, family- and associate-owned business. Since 1904, we've pioneered many quality products and processes.
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