Buyer / Supply Chain / Procurement / Inventory

The Buyer is responsible for strategic sourcing, supplier selection, supplier performance, and inventory management for assigned product lines and suppliers.

Primary responsibility is stocking strategy execution (availability of product)

Analyze and negotiate favorable payment terms, pricing, and delivery for parts assigned.

Manage assigned parts to ensure maximum inventory turns and minimum inventory levels.

Research, recommend, and negotiate best practice procurements.

Team with Product Management to facilitate supplier selection through competitive bidding, leveraging business acumen and relationships, sourcing analysis, and negotiation skills.

Act as a liaison between vendors and product managers to make critical investment decisions regarding inventory levels, product availability, market pricing, and unit costs.

Continuously investigate and develop new competitive sources of supply for commercial and military aircraft parts.

Inventory Management including performing physical counts of raw materials, hardware & components, and finished goods.

Work with Production Staff & Managers to ensure practice of FIFO in regards to inventory consumption. Track usage of all inventory in required applications.

Prepare and analyze accurate reports on COGS, inventory levels, anticipated purchases, etc. Develop and negotiate LTA's (Long Term Agreements) that provide increased value to Wencor (reduces/contains cost, increases inventory turns, reduces lead-time, and increases quality and on-time delivery).

Perform system downloads to analyze purchasing data.

Perform on-site supplier capability audits.

Handle order management, which includes, but not limited to, placing PO's, entering quotes, updating lead-times, expediting and de-expediting deliveries, and communicating updates to internal customers.

Review and contact vendors with their on-time delivery performance

Do part to complete Quality Deficient Notice; procuring, RMA, and deciding if replacement or credit will be needed.

On occasion negotiate freight responsibilities with the customers

Manage and improve supplier performance, by engaging suppliers monthly to meet Quality, Delivery, Lead-time, and Cost goals.

Strong Microsoft Office skills, including Excel, Word, PowerPoint, and ERP is a must

Understand the products, applications, and platforms of key portfolio products

Understand market pricing and competitor offerings (to ensure purchasing at best prices)

Bachelor's degree (Supply Chain Management preferred) and three to five years related experience and/or training; Product knowledge and procurement experience of aerospace military standard hardware.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Language Skills : Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to speak effectively before groups of customers or employees of organization.

Ability to deal with problems involving several concrete variables in standardized situations.

Travel up to 30%.

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