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Young & Franklin

Senior Buyer

Job Description

Salary Range:

$75,000 - $125,000 About Us

We were founded in 1918 as Young & Franklin Tool Works on Franklin Street in Syracuse, but we've come a long way since then! Our product lines are low volume, high mix, and very tight tolerances. We manufacture, assemble and test valves and actuators for the Aerospace and Power Generation markets. Our 120,000 square foot facility houses R D, Design Engineering, Assembly & Test, and an 80,000 square foot Machining Operation. We regularly invest in new machines but recently outdid ourselves investing in 5 new machines in 18 months! We're part of the TransDigm Group (

NYSE:

TDG), one of the world's leading suppliers of highly engineered components for virtually all aerospace applications, helping us continually invest in new products and technology. We hire great people from a wide variety of backgrounds who share in our enthusiasm for innovation, design, and manufacturing excellence. Position Summary

Primary point of contact between Young & Franklin Tactair and its suppliers. Collaborate across all functions, but especially with operational planning, warehouse/inventory control, and other operational teams. Identify potential suppliers and sources, screen them, and negotiate favorable payment terms, pricing, minimum order quantities, lead times, quality levels, and assure annual PPV targets are achieved. Conduct negotiations and monitor supplier performance and ensure contractual obligations are met and company objectives are met. Responsibilities Plan and purchase engineered materials and complex precision parts.

Analyze material requirements, obtain quotes, negotiate price and terms. Place purchase orders to meet all engineering specifications, delivery goals, and targets for price, quality, and inventory.

Own the process to identify, select, and validate/approve new supplier sources

Develop supply base strategy, monitoring performance and risk for present and future business needs.

Execute strategy to continually improve supplier performance and ensure alignment with company objectives and business plan.

Visit suppliers on an as required basis to provide assistance and leadership in problem identification and resolution.

Resolve complex, business-critical issues by leveraging technical, manufacturing, and supply base expertise.

Proactively coordinate the supply chain to support new programs.

Communicate supplier issues that could impact the business plan and recommend contingency plans to mitigate risk.

Propose and facilitate the implementation of value analysis/value engineering projects to drive company productivity initiatives.

Pursue challenges with enthusiasm, urgency, and a sense of ownership.

Other duties as assigned. Education and Experience This position requires either a US Person (as defined in applicable export regulations) or a non-US person who is eligible to obtain required export authorization.

Bachelor's degree in a related discipline that emphasizes analytics such as engineering, mathematics, logistics, supply chain, business, or the equivalent combination of education and experience.

Minimum of 5 years' experience managing business processes for procurement and material planning, including the development of new suppliers and managing supplier improvement plans.

Proven experience in negotiation and business relationship management.

Strong understanding of financials, technical and manufacturing know-how, and data analysis skills.

Experience in ERP systems workflow and data management functions.

Experience in vertically integrated planning and procuring machined components, valves, assemblies and electronics.

Clear communication and effective cross-functional collaboration skills. Physical Demands

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made. Sit, stand, walk and interact throughout the day in a typical office environment Reach above the shoulder, below the waist, and lift up to 10 pounds to file documents or store materials Walk through manufacturing areas requiring personal protective equipment: safety glasses, hearing protection, etc.



Click to add text Employment Opportunity/Affirmative Action Employer, including disabled and veterans

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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.

$64,511 / year median in New York

-5% projected decline

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