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Samuel, Son & Co.
Senior Buyer
Career Insights for Buyer (General)
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Scorecard
Based on California data
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What they do
A Buyer buys products, materials or services needed by a company or organization. Manages inventory and schedule for purchasing, works with vendors and negotiates contracts, monitors quality of supplies and services purchased. May work in farm products, manufacturing, trade or services industries.
$70,539 / year median in California
-6% projected decline
Job Description
Responsibilities Perform daily purchasing activities. Collaborate and support cross functional teams to procure hand tools and components. Make sound business purchasing decisions to maintain adequate stock levels. Lead contract negotiations and supplier commercial discussions to achieve cost savings, favorable terms, and supply continuity. Develop and implement sourcing strategies to achieve cost savings, improve supplier performance, and mitigate supply chain risks. Manage supplier relationships and conduct regular performance reviews. Analyze and challenge vendor on price increases to get the best value. Project demands and determine purchase requirements using MRP reporting. Oversee vendors by following up to ensure on time delivery. Track and report monthly key spending and cost savings to management. Resolve purchase price variations with cost accounting. Create requisition in ERP for purchase approval. Administer and update pricing, lead times, and vendor data in ERP. Create purchase orders in ERP and submit them to approved vendors. Generate and update product codes by working with respective entities. Identify cost saving opportunities, launch RFQ, and execute assigned projects. Confirm order lead times and delivery status and communicate to stakeholders. Maintain meticulous purchasing and delivery records. Other duties as assigned Education Bachelor's Degree in Finance, Business Management or Supply Chain Management, or relevant work experience. Qualifications Five (5) to ten (10) years of proven experience as a professional buyer Business savvy and can comprehend financial impacts on buying decisions Organized and can prioritize multiple tasks Strong work ethics and willingness to complete tasks without time constraints Strong contract negotiation skills with demonstrated success in achieving cost reductions and favorable supplier agreements. Analytical and can assess data for making purchasing decisions Ability to clearly present ideas to management, peers, and suppliers Sound understanding of purchasing processes and incoterms Effective written and oral communication skills Good working knowledge of Microsoft office products, particularly Excel Strong customer focus with ability to build internal and external relationship Experience with MRP/ERP systems and inventory management practices