Buyer

MTS Systems Corporation; Eden Prairie (MN); On-site; USD 75,000 - 85,000; Full time

Benefits offered by this job

Medical, dental, vision insurance

HSA/FSA with company match

401(k) plan

Job summary

MTS Systems Corporation in Eden Prairie, MN, seeks an experienced Buyer to act as authorized agent of the company, developing sourcing strategies, negotiating pricing, and managing supplier performance to meet company requirements.

You will execute purchase orders, analyze MRP data, maintain ERP master data, and coordinate with internal customers to reduce costs and optimize supply chain. A Bachelor's degree with 3 years purchasing experience is required.

Qualifications

• Bachelor’s degree + 3 years of purchasing experience in a manufacturing environment (or equivalent).
• Experience with ERP systems (SAP) and supplier management.
• Strong negotiation and analytical skills.

Responsibilities

• Support development and implementation of sourcing strategies; negotiate pricing and supply agreements.
• Analyze MRP data to determine appropriate ordering levels to meet objectives.
• Execute purchase orders, including schedule line agreements and blanket orders; document terms and conditions and manage exceptions.
• Assist internal customers with purchasing processes, products and suppliers; resolve issues to add value.
• Administer bid processes; evaluate supplier proposals for price, terms, risk and performance.
• Maintain ERP master data and optimize inventory; resolve invoice/receiving discrepancies.

Skills

Negotiation

Procurement

Sourcing

Vendor management

Education

Bachelor's degree or equivalent

Tools

SAP

Job description

Job Description

Smart people. Smart ideas. Smart choice.

Job Description

Smart people. Smart ideas. Smart choice.

MTS is a leading global supplier of test and simulation systems. Formula 1 teams, leading automotive and aerospace companies, and the world's top researchers in materials and seismic engineering all rely on our systems to determine product reliability and ensure compliance with quality standards. Check out some of our amazing technology here: http://www.youtube.com/watch?v=vXOsvWpTHH4

As an ITW company, MTS is part of a Fortune 300 global manufacturing leader with 49,000 employees across 56 countries, offering career development opportunities not just within MTS but across the ITW enterprise.

We're looking for a Buyer who will act as an authorized agent of the company by making purchase commitments that meet Company requirements at the best value while managing supplier performance.

What You’ll Do

• Support the development and implementation of sourcing strategies, negotiate pricing and supply agreements for assigned commodities and services
• Analyze MRP data to ensure appropriate ordering levels to meet Company objectives
• Execute purchase orders, including schedule line agreements and blanket orders, to meet Company demand for materials and services, which are sometimes complex in nature. Ensure all requirements, pricing, terms and conditions, and expectations are clearly documented, and manage exception messages by expediting, delaying or canceling orders as required.
• Support internal customers by providing information on purchasing processes, products and suppliers. Mitigate problems by understanding customer requirements and anticipating issues that provide value in resolving supplier and purchasing related issues.
• Administer bid processes, including preparation of RFQ packages, to ensure product and service requirements are documented. Evaluate suppliers’ proposal for price, requirements, terms and conditions, risk and performance and value.
• Maintain master data in the ERP system for Info Records, Routes, Material Masters etc. Determine MRP system settings to optimize inventory, based on established guidelines. Resolve system reconciliation issues such as invoice and receiving discrepancies.
• Negotiate with suppliers by developing negotiation strategies based upon the proposal analysis to include price/cost factors, terms and conditions, and technical issues and documents and maintains contractual agreements.
• Address day-to-day issues with supplier performance, such as rejections/quality issues and supplier requested schedule changes, ensuring SAP system is accurate. Support or facilitate supplier performance review meetings.
• Provide feedback to support strategic sourcing, including assessments of the current situation (e.g., internal direction, suppliers, pricing trends) and identify future purchase strategies and actions to proactively reduce total costs and optimize performance.
• Develop and apply technical knowledge of products assigned for purchase to add value into purchasing functions.
• Other accountabilities as assigned.

What You Bring

• Bachelor’s degree plus 3 years of purchasing experience within a manufacturing environment; or in lieu of bachelor’s degree

Best In Class Benefits

• Affordable medical, dental, and vision insurance: http://myitwhr.com/
• HSA/FSA with a company match
• Income protection benefits
• Industry leading 401(k) plan
• Paid time off
• Parental leave
• Matching gift and volunteer program

Get Involved And Give Back

MTS supports Employee Resource Groups (ERGs) that bring people together to share experiences and ideas, and we're committed to a diverse, inclusive workplace where everyone can contribute their talents. Through the ITW Hearts Giving Hope Program, employees also have the chance to give back and support families in our communities.

Compensation Information

$75,000 - $85,000 Annual Salary, needs to commensurate with experience qualifications.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.