Associate Buyer

Hyosung HICO LTD.; Memphis (TN); On-site; USD 50,000 - 75,000; Full time

Job summary

Join a leading company as an Associate Buyer in Memphis, TN where you will be responsible for procuring materials efficiently. The role requires strong negotiation and analytical skills, alongside a bachelor's degree in Business or Engineering. This entry-level position offers a great opportunity to start your career in purchasing and supply chain management.

Qualifications

• Bachelor degree required, preferably in Business or Engineering.
• 0-4 years of purchasing experience or equivalent.
• Strong negotiation and communication skills needed.

Responsibilities

• Procure materials and coordinate purchasing activities.
• Negotiate terms with suppliers to maintain quality and cost-effectiveness.
• Analyze market conditions to source supplies efficiently.

Skills

Negotiation

Communication

Analytical

Education

Bachelor degree in Business or Engineering

Tools

MS Office

MRP/ERP systems

Job description

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Position Summary

The Associate Buyer will procure materials in a timely manner at the best price and quality by establishing, negotiating, and maintaining cost-effective sources of supplies through the application of professional purchasing principles and practices.

Position Summary

The Associate Buyer will procure materials in a timely manner at the best price and quality by establishing, negotiating, and maintaining cost-effective sources of supplies through the application of professional purchasing principles and practices.

THE ESSENTIAL FUNCTIONS OF THE POSITION INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING:

• Procures materials or other goods and/or coordinates activities involved with purchasing products and services, such as raw materials, equipment, tools, parts, supplies, and advertising, for establishment.
• Obtains quotes & delivery schedules and negotiate terms and conditions for material and services required for production. Monitor performance and capabilities of suppliers to ensure maintenance of delivery, quality, and price commitments.
• Serves as liaison between vendors and PTD Design and Quality Engineering to achieve cost reductions through design changes, material selection, and manufacturing processes.
• Analyzes and communicates specifications and market conditions to determine best source for procurement of HICO supplies and parts through domestic or international vendors and suppliers.
• Discusses defective or unacceptable goods or services with inspection or quality control personnel, users, vendors, and others to determine source of trouble and take corrective action.
• Works with manufacturers & vendors to undertake the manufacturing of custom-designed items according to the company’s specific needs and specifications.
• Maintains optimal inventory of domestic and imported production materials, i.e., bill of materials items, small materials, electrical and mechanical parts and components, expense items, fixed assets to support continuous production operations.
• Reads technical diagrams and specifications to aid in development of technical solutions and expedited deliveries.
• Maintain records of supplier delivery, price, and responsiveness performance. Work with suppliers to drive ongoing improvements to these primary metrics and analyze and report results.
• Furthers the goals and positive, professional image of the Hyosung HICO Purchasing Department by conducting business with other HICO departments, suppliers, etc. in a timely and cooperative manner.
• Knows HICO’s Safety, Quality & Environmental Policies. Be able to fully discuss their importance and how they impact work.
  
  

THE DESCRIPTION ABOVE REPRESENTS THE MOST SIGNIFICANT ESSENTIAL DUTIES OF THE JOB BUT DOES NOT EXCLUDE OTHER OCCASIONAL WORK ASSIGNMENTS NOT MENTIONED.

THE NON-ESSENTIAL FUNCTIONS OF THE POSITION INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING:

• Initiate, compose, and distribute procedures as required.
• Perform other duties as assigned.
  
  

Education/Special Skills/Experience/Training

• Bachelor degree in Business, Engineering, or other related discipline, plus 0 - 4 years of experience in purchasing and/or materials coordination, or equivalent education and experience.
• Developed verbal, written and interpersonal communications skills.
• General knowledge of how contract terms and conditions are applied.
• Computer literate, emphasizing MS Office products and MRP/ERP systems.
  
  

PHYSICAL/MENTAL CHARACTERISTICS OF THE POSITION AND ENVIRONMENTAL FACTORS OF THE WORKPLACE:

• Ability to use office equipment, such as: PC, photocopier, fax machine, etc.
• Ability to analyze data.
• Ability to travel to vendor locations.
• Ability to communicate with and negotiate terms and conditions with suppliers.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Purchasing and Supply Chain

• Industries

  Manufacturing

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