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Senior Buyer

Arrow Speed Controls

Richmond

On-site

CAD 70,000 - 80,000

Full time

2 days ago
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Job summary

Arrow Speed Controls is seeking a Senior Buyer to oversee procurement processes and supplier management to ensure a continuous supply of production materials. The role demands strong analytical skills and experience in supply chain management, offering a competitive salary along with benefits like health coverage and career growth opportunities.

Benefits

Extended health and dental benefits
RRSP matching plan
Education and training funding opportunities
Social functions with team
Paid time off for personal wellness

Qualifications

  • Minimum of 5 years of experience in supply chain management.
  • Direct experience in logistics activities and optimizing shipping methods.
  • Proficient in reading technical drawings and specifications.

Responsibilities

  • Manage complex procurement processes for production materials and tools.
  • Analyze market trends and select suppliers to meet Arrow Speed Controls’ goals.
  • Monitor inventory levels and optimize purchasing decisions using ERP systems.

Skills

Problem-solving
Collaboration
Communication
Time management

Education

Bachelor’s degree in business, engineering, or related field
APICS, CPIM, or PMP certification

Tools

NetSuite
ERP systems
MS Office

Job description

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Join to apply for the Senior Buyer role at Arrow Speed Controls

Arrow Speed Controls Limited (est. 1980) is the leading Variable Frequency Drive (VFD) Integrator in North America. With over 20,000 successful applications to date, we are a trusted partner across the heavy industries. We engineer and assemble speed control equipment for a wide range of electric motor applications. In addition to VFD's, we also do DC drives, soft starts, servo controls and PLC systems.

The Senior Buyer will manage complex procurement processes, requiring advanced experience, knowledge, and professionalism. They will oversee the purchasing of production materials, consumables, general tools, supplies, PPE, and miscellaneous items, with responsibilities subject to portfolio changes based on team resource arrangements. The Senior Buyer is accountable for ensuring continuous supply, reducing lead times, and achieving low total cost while maintaining quality, supplier reliability, and meeting urgent needs. They will analyze market trends, evaluate price quotes, interview suppliers, recommend or select suppliers, schedule deliveries, and ensure accurate order tracking in the system.

What you will be doing:

  • Identifies and sources suppliers that align with Arrow Speed Controls’ cost, quality, and delivery goals.
  • Issues, schedules, and cancels Purchase Orders (POs) and Purchase Requisitions based on the company’s needs.
  • Manages purchase orders, supplier information and purchasing parameters effectively in NetSuite.
  • Develop and maintain strong, long-term relationships with key suppliers to improve supply chain efficiency, negotiate favorable terms, and address issues proactively.
  • Proactively monitor potential risks in the supply chain, such as disruptions, quality issues, or geopolitical factors, and implement mitigation strategies.
  • Monitors inventory levels, using data-driven forecasting to optimize stock availability and minimize excess inventory.
  • Leads procurement process improvements focused on cost savings, efficiency, and supplier performance, implementing corrective actions to optimize supply chain operations.
  • Leverages ERP systems (NetSuite) and data analytics to optimize purchasing decisions, track orders, and adopt new technologies for automation and process efficiency
  • Collaborates with engineering, production, and quality assurance teams to align procurement strategies with production schedules, product development timelines, and quality standards.
  • Monitors and tracks key performance indicators (KPIs) related to supplier performance, on-time delivery, cost savings, and inventory management to ensure procurement objectives are met.
  • Instructs suppliers by the most suitable shipping method and schedule requirements with various locations, freight carriers, freight consolidators, and freight forwarders.
  • Drive dual sourcing and identify/validate potential new vendors for cost savings, reduced lead time.
  • Assists with collecting and preparing data used for the evaluation and selection of suppliers, carriers, and freight forwarders.
  • Ensure our customers’ expectations and quality requirements are met through suppliers or sub-tiers suppliers.
  • Drives suppliers’ performance in on-time delivery, lead time, cost and quality.
  • Validate BOM cost or drive the lowest possible cost reduction for critical projects.
  • Identify and resolve any discrepancies with open purchase orders.
  • Process purchase requisitions and reorder of Kanban items.
  • Other duties assigned by the Procurement Manager.

What we need from you:

  • Bachelor’s degree in business, engineering, or a related field in supply chain or operations.
  • APICS, CPIM, or PMP certification is a plus.
  • Minimum of 5 years of experience in supply chain management, preferably in an OEM or automation/electronics environment.
  • Direct experience in logistics activities, customs clearance, freight, and optimizing shipping methods.
  • Experience with packaging materials, adhesives, general supplies and tools, PPE, and service/maintenance products.
  • Proven experience managing and improving Kanban systems or vendor-managed inventory.
  • Ability to analyze supply and demand fluctuations and their cost impact from different suppliers.
  • Proven ability to prepare and confirm accurate purchase orders, ensuring timely updates and PO date maintenance.
  • Skilled in collaborating with suppliers on PO scheduling changes to meet operational requirements.
  • Strong problem-solving and collaborative skills for implementing supply chain strategies.
  • Proficient in reading technical drawings, specifications, and Bills of Materials (BOM).
  • Knowledge of MRP systems and item parameter setups, including lead time, safety stock, MOQ, and MPQ. Proficient in using ERP systems, preferably Oracle NetSuite.
  • Strong interpersonal, communication, and organizational skills.
  • Excellent time management skills to meet deadlines.
  • Professional written and oral communication skills.
  • Proficient in MS Office (Teams, Outlook, Excel, PowerPoint, Word, Visio)

What we will give to you:

  • $70,000 - $80,000 per annum, dependent on experience and qualifications
  • Extended health and dental benefits
  • RRSP matching plan
  • Education and training funding opportunities
  • Social functions with team
  • Paid time off for personal wellness
  • Opportunities to move up with your career with Arrow

Arrow Speed Controls is committed to a diverse and inclusive workplace. Arrow is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, disability, age, or other legally protected status.

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Purchasing and Supply Chain
  • Industries
    Automation Machinery Manufacturing

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