Strategic Commodity Buyer

IDEX Corporation; Warwick; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading company in Warwick is seeking a Strategic Commodity Buyer to source and procure engineered materials and components. The role involves collaborating with engineering and production teams, negotiating with suppliers, and leading initiatives for cost reduction. Candidates should have proven experience in procurement within engineering or manufacturing sectors and strong negotiation skills.

Qualifications

• Proven experience in technical buying or procurement within engineering or manufacturing sectors.
• Strong understanding of engineering drawings and manufacturing processes.
• Experience with VAVE initiatives and project management in re-sourcing activities.

Responsibilities

• Source and procure mechanical and electrical components aligned with engineering drawings.
• Negotiate pricing and terms to achieve cost savings.
• Monitor inventory levels and coordinate for timely replenishment.

Skills

Negotiation

Supplier Management

Analytical Skills

Problem Solving

Education

CIPS qualification

Tools

ERP/MRP systems

Microsoft Office

Job description

Strategic Commodity Buyer Warwick, United Kingdom

• Business Unit: Godiva
• Address: Charles St, Warwick CV34 5LR, UK

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 offers a platform to apply your skills and learn new ones in an impactful environment.

With opportunities across engineering, marketing, sales, supply chain, operations, HR, finance, and more, within over 40 diverse businesses globally (https://www.idexcorp.com/our-businesses/business-segments/), we have something for everyone.

As a Strategic Commodity Buyer, you will source and procure engineered materials, components, and services. You will collaborate closely with engineering, production, and quality teams to ensure technical compliance, timely delivery, and value. The role involves leading VAVE initiatives aimed at cost reduction.

Responsibilities:

1. Source and procure mechanical, electrical, castings, and fabricated components aligned with engineering drawings and BOMs.
2. Interpret technical specifications and coordinate with suppliers for compliance with quality and performance standards.
3. Negotiate pricing, lead times, and terms to achieve cost savings and supply security.
4. Develop and nurture supplier relationships, including performance reviews and development programs.
5. Support new product introductions (NPIs) and design modifications in collaboration with engineering and production teams.
6. Monitor inventory levels and coordinate with planning teams for timely replenishment.
7. Identify and mitigate supply chain risks such as obsolescence, long lead times, or single-source issues.
8. Maintain accurate procurement records and ensure compliance with policies and regulations.

Experience:

1. Proven experience in technical buying or procurement within engineering or manufacturing sectors.
2. Experience across various industries is advantageous.
3. Strong understanding of engineering drawings, specifications, and manufacturing processes (e.g., CNC machining, fabrication, casting).
4. Excellent negotiation and supplier management skills.
5. Experience with VAVE initiatives.
6. Project management experience in re-sourcing activities.
7. Proficiency in ERP/MRP systems (SAP, Oracle, etc.) and Microsoft Office.
8. CIPS qualification or progress towards it is desirable.
9. Strong communication, analytical, and problem-solving abilities.
10. Ability to work under pressure and manage multiple priorities effectively.

Are you ready to join a company where our people, culture, and commitments focus on delivering trusted solutions that improve lives globally?

IDEX is an Equal Opportunity Employer and Affirmative Action Employer. We consider qualified applicants regardless of race, color, religion, sex, sexual orientation, gender identity, marital status, age, national origin, disability, veteran status, or other protected categories.

IDEX (NYSE: IEX) touches your life in many ways through products that are critical in daily activities—from automotive components to healthcare innovations. Join us to be part of a global team making a difference.