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TalentBurst, Inc

Buyer - Commodity Specialist

Career Insights for Securities / Commodities Trader

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What they do

A Securities or Commodities Trader trades securities or commodities electronically or on a trade or auction floor such as a stock exchange. Securities include stocks and bonds; commodities include products such as oil, gold, or corn. Monitors financial markets and the performance and price of different securities. Negotiates prices and terms for a sale or trade.

$151,552 / year median in California

+4% projected growth

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Job Description

Job Title:
Buyer - Commodity Specialist
Location:
Gilroy CA
Duration:
12+ Months
Job Description:
Primary Function of Position:
Manages procurement of direct materials to support business requirements: including purchase order management, negotiating costs, purchase order management, and inventory management. Assists with key procurement initiatives as directed by management.
Roles & Responsibilities:
  • Administers and manages purchase orders and delivery commitments to designated suppliers as necessary to support production and/or sales requirements within the business.
  • Reviews, interprets, and communicates material demand forecast and manages capacity planning for assigned commodity groups and/or supplier relationships.
  • Supports alignment of production supplier requirements and sourcing strategies with those of product development (NPI) for designated suppliers/commodities to ensure uninterrupted material availability, alignment of risk, and cost goals with vision for the business.
  • Owns performance management and improvement efforts for designated suppliers, providing information to strategic purchasing for supplier business reviews.
  • Utilizes lean sourcing principles (Kanban, consignment, and other similar material pull methods) to achieve 100% material availability and optimize on-hand inventory.
  • Embraces continuous improvement techniques to drive toward attainment of key purchasing metrics (supplier on-time delivery, quality, inventory turns, problem shelf, expedited inbound freight, vendor scrap, E&O reduction).
  • Leverages problem solving skills to propose solutions to identified supply chain issues.
  • Coordinates engineering change order activity with suppliers and other functional groups.
  • Coordinate with strategic purchasing price changes due to cost reduction initiatives, volume pricing or requested by supplier.
  • Supports assigned commodity team by participating in identified risk mitigation and cost reduction opportunities and supporting other commodity projects as assigned.
Skills, Experience, Education, & Training:
  • BS degree or equivalent
  • 3+ years of purchasing experience in a regulated industry manufacturing environment (medical device preferred).
  • Computer experience including MS Office products and ERP systems, preferably SAP and Agile.
  • Working knowledge of buying, material planning, master scheduling, and forecasting.
  • Demonstrates concern for precision and thoroughness.
  • Ability to consistently achieve stretch goals and objectives.
  • Ability to handle multiple tasks and projects successfully.
  • Excellent verbal and written communication skills.
  • English 90%
  • Availability to travel to both domestic and international suppliers.
#TB_OTH #ZR Why TalentBurst? At TalentBurst, we deliver more than talent, we deliver outcomes. We partner with you to move quickly and connect you to opportunities aligned with your skills and long term growth. Backed by precision, transparency, and results, we connect top talent with leading organizations through trusted partnerships. We offer competitive compensation and comprehensive benefits, including medical, dental, vision, and retirement options. TalentBurst is an equal opportunity employer committed to an inclusive and diverse workforce.