About Our Client:
This Global manufacturing company located in Vaughan, is looking for a Buyer for a full time permanent position.
Responsibilities:
- Develop and execute purchasing strategies aligned with company objectives for cost control, quality, delivery, and supplier performance.
- Conduct market analysis and supplier benchmarking to identify potential new suppliers, innovations, and cost-saving opportunities.
- Lead or support tendering processes: prepare specifications, request quotations, evaluate bids, and negotiate contracts and terms with suppliers.
- Contribute to supplier segmentation and risk management, ensuring sustainable and resilient sourcing practices.
- Collaborate with management to define purchasing plans aligned with production forecasts and long-term capacity requirements.
- Establish and maintain productive, ethical, and professional relationships with suppliers and service providers.
- Monitor supplier performance against contractual KPIs for cost, quality, and delivery; implement corrective actions when necessary.
- Conduct or participate in supplier audits, qualification, and approval processes in compliance with company standards.
- Promote continuous improvement and innovation through supplier collaboration and joint development initiatives.
- Ensure timely availability of materials and components to support production schedules and project timelines.
- Resolve procurement-related issues such as delivery delays, quality non-conformities, or pricing discrepancies.
- Optimize purchasing volumes and lot sizes to minimize total acquisition costs while maintaining operational efficiency.
- Maintain up-to-date purchasing data, contracts, and supplier information within ERP and procurement databases.
- Use analytical tools (Excel, Power BI, ERP reports) to track purchasing performance, spend analysis, and supplier metrics.
- Ensure compliance with company policies, internal controls, and audit requirements.
- Collaborate with engineering, quality, logistics, and finance teams to align purchasing activities with business needs.
- Provide procurement expertise and support to new product development, cost reduction, or process improvement projects.
- Participate in cross-functional meetings to anticipate needs and proactively resolve supply issues.
Requirements:
- Bachelor’s degree in Business Administration, Supply Chain Management, Industrial Engineering, or a related discipline.
- In-depth knowledge of supplier markets, procurement processes, and manufacturing supply chains.
- Strong analytical and problem-solving skills with the ability to evaluate complex offers and assess total cost of ownership.
- Proven negotiation and contract management skills (pricing, terms, capacity, lead time, and service levels).
- Proficiency in Microsoft Office (Excel, PowerPoint) and experience with ERP systems (e.g., Syspro, SAP, or similar). Power BI knowledge is an asset.
- Strong communication, relationship management, and influencing skills across functions and with suppliers.
- Sound business judgment, critical thinking, and decision-making capabilities.
- Demonstrated ethics, integrity, and professionalism in all supplier interactions.
- Results-driven, detail-oriented, and committed to continuous improvement and operational excellence.
- 5+ years of relevant experience in purchasing or procurement within a manufacturing or industrial environment.
- Experience in sourcing mechanical, electrical, or industrial components preferred.
- Fluency in English (spoken and written); additional language proficiency is an asset.
AI may be used to support certain administrative aspects of our recruitment process. However, all applications and resumes are reviewed by qualified human reviewers, and all screening and hiring decisions are made solely by the hiring team. The posted salary range reflects expected compensation for this role in accordance with Ontario pay transparency requirements. Actual compensation will be determined based on the successful candidate’s experience, skills, and qualifications and may fall anywhere within the range.