Buyer

IDEX; Southwestern Ontario; Hybrid; CAD 63,000 - 95,000; Full time

Benefits offered by this job

Health benefits

401(k) retirement savings with company

Paid time off (PTO)

Job summary

IDEX in Waterloo, Ontario seeks a seasoned Buyer to develop procurement strategies and ensure on-time delivery of production parts while optimizing cost, inventory, and supplier performance.

The role requires 3–5 years in procurement, MRP/ERP experience (SAP, JDE/Oracle), and strong cross‑functional collaboration to manage supplier risk and drive cost reductions. You will build solid supplier relationships and contribute to lean manufacturing initiatives.

Qualifications

• - Post‑secondary diploma or degree in a related discipline (materials management, supply chain management or business)
• - Industry Certifications: CSCMP, CPIM, CSCP, CCLP, etc.
• - Minimum of 3-5 years of progressive supply chain or procurement experience in a manufacturing environment. Demonstrated experience in leading supplier negotiations and implementing strategic sourcing initiatives.
• - MRP/ERP experience required (SAP, JDE/Oracle, etc.).
• - Familiar with both make-to-stock and make-to-order production processes.
• - Proficient in interpreting engineering drawings (SolidWorks, AutoCAD, etc.).

Responsibilities

• - Release and negotiation of direct material purchases using MRP functionality, balancing cost, delivery, inventory, and quality performance.
• - Develop and execute long‑term sourcing strategies, including blanket orders and cost containment plans.
• - Cost management should include, PPV and landed cost analysis.
• - Collaborate closely with supply planning, production, quality, and engineering teams to maintain continuity of supply and manage change implementations.
• - Build and maintain strong business relationships with all key supplier partners through regular communication and performance reviews.
• - Actively manage supplier performance to ensure adherence to delivery schedules, cost targets, and quality standards; escalate issues as necessary.
• - Negotiate and execute on blanket order agreements and minimum/multiple order policies.
• - Implement cost reduction strategies and maintain cost baselines.
• - Manage and implement engineering change requests and coordinate with internal teams to manage implementation timelines.
• - Coordinate and implement engineering change requests and new product introduction (NPI) with minimal disruption to production.
• - Manage reverse logistics for failed and suspect materials.
• - Maintain and optimize MRP system data, including lead times, safety stock levels, and order quantities.
• - Monitor market trends and commodity pricing to guide purchasing decisions and risk mitigation strategies.
• - Contribute to supply chain initiatives focused on dual sourcing, supply resilience, and lean manufacturing principles.
• - Stay informed about emerging technologies and industry best practices that impact procurement and sourcing.
• - Build supplier relationships and monitor supplier risks.

Skills

Negotiation

Vendor management

MRP/ERP experience

Cross-functional collaboration

Analytical skills

Cost reduction

Communication skills

Education

Post-secondary diploma or degree in materials management, supply chain management or business

CSCP certification

CPIM certification

CSCMP designation

Tools

SAP

JDE/Oracle

SolidWorks

AutoCAD

Job description

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.

POSITION: Buyer (Hybrid)

DEPARTMENT: Supply Planning

REPORTS TO: Supply Planning Manager

LOCATION: Waterloo, Ontario

IDIEX MPT. is committed to providing a barrier‑free workplace. If accommodation is required during the selection or interview process, it will be available upon request. This job posting is available in an accessible format upon request.

The primary function of this position is to follow and develop our procurement strategy across a defined commodity portfolio to ensure on-time delivery of production parts while continuously optimizing cost, inventory, and supplier performance. The Buyer plays a key role in supplier relationship management, cross‑functional collaboration, and the implementation of sourcing strategies that align with company goals. This position is ideal for a seasoned professional who can proactively solve supply challenges and drive continuous improvement in the procurement process.

Primary Responsibilities

• Release and negotiation of direct material purchases using MRP functionality, balancing cost, delivery, inventory, and quality performance.
• Develop and execute long‑term sourcing strategies, including blanket orders and cost containment plans.
• Cost management should include, PPV and landed cost analysis.
• Collaborate closely with supply planning, production, quality, and engineering teams to maintain continuity of supply and manage change implementations.
• Build and maintain strong business relationships with all key supplier partners through regular communication and performance reviews.
• Actively manage supplier performance to ensure adherence to delivery schedules, cost targets, and quality standards; **escalate** issues as necessary.
• Negotiate and execute on blanket order agreements and minimum/multiple order policies.
• Implement cost reduction strategies and maintain cost baselines.
• Manage and implement engineering change requests and coordinate with internal teams to manage implementation timelines.
• Coordinate and implement engineering change requests and new product introduction (NPI) with minimal disruption to production.
• Manage reverse logistics for failed and suspect materials.
• Maintain and optimize MRP system data, including lead times, safety stock levels, and order quantities.
• Monitor market trends and commodity pricing to guide purchasing decisions and risk mitigation strategies.
• Contribute to supply chain initiatives focused on dual sourcing, supply resilience, and lean manufacturing principles.
• Stay informed about emerging technologies and industry best practices that impact procurement and sourcing.
• Build supplier relationships and monitor supplier risks.

Knowledge, Skills, and Abilities

Education

• Post‑secondary diploma or degree in a related discipline (materials management, supply chain management or business)

Industry Certifications

• CSCMP, CPIM, CSCP, CCLP, etc.

Experience

• Minimum of 3-5 years of progressive supply chain or procurement experience in a manufacturing environment. Demonstrated experience in leading supplier negotiations and implementing strategic sourcing initiatives.
• MRP/ERP experience required (SAP, JDE/Oracle, etc.).
• Familiar with both make-to-stock and make-to-order production processes.
• Proficient in interpreting engineering drawings (SolidWorks, AutoCAD, etc.).

Competencies

• Excellent negotiation and vendor management skills.
• Strong problem‑solving and analytical skills.
• Proven ability to lead cross‑functional initiatives and manage supplier performance.
• Intermediate to advanced MS Office skills (Word, Excel, PowerPoint).
• Effective communication and interpersonal skills.
• Committed to continuous improvement and supply chain optimization.
• Strong ability to prioritize and manage multiple procurement projects simultaneously.

Total Rewards

• The compensation range for this position is $63,400.00 - $95,200.00, depending on experience.
• This position may be eligible for performance based bonus plan.

Benefits Package

• Health benefits, 401(k) retirement savings program with company match, PTO, and more.

Equal Opportunity Employer & Accessibility

IDEX is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.

Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [e-mail] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application. This posting is for an existing vacancy. Artificial intelligence is not used to screen, assess or select applicants. IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission‑critical components in everyday activities. Chances are the car you’re driving has a BAND‑IT® clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life® rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It’s likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.