Buyer

Sumitomo Electric; Raleigh (NC); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Group health coverage (medical, dental

Vision

Retirement plan with employer match

Company provided life insurance

Voluntary benefits at a discountedRate

12 paid holidays and generous vacation

Job summary

Sumitomo Electric Group is seeking a procurement leader responsible for sourcing manufacturing materials and services with high dollar volume and complex specifications. You will collaborate with Engineering, Production Planning, and other functions to ensure requirements are accurately presented to suppliers and properly executed.

You will manage supplier relationships, negotiate major contracts, analyze costs, and provide market insights while ensuring compliance with legal and ethical

Qualifications

• Sound working knowledge of purchasing principles in manufacturing environments.
• Bachelor's degree and five years in Purchasing or related fields including Strategic Sourcing, Logistics, Inventory Management, or Materials Management.
• C.P.M. or C.P.S.M. certification is a plus.

Responsibilities

• Develop and manage supplier relationships to support corporate objectives.
• Negotiate procurement of major commodities and/or services balancing price, quality, service and delivery.

Skills

Negotiation

Supplier relationships

Contract knowledge

Cost analysis

Purchasing principles

Cross-functional communication

Education

B.S. Degree

C.P.M. or C.P.S.M. certification

Job description

Provide the lead responsibility for the procurement of manufacturing materials and/or services involving high dollar volume and/or complex technical characteristics requiring continuous and close contact with Engineering, Production Planning, and other key personnel to ensure that requirements to support our division operations are properly presented to and executed by supplier. Services and Capital projects contracts may also fall under this position.

Major Responsibilities

• Successfully develop and manage supplier relationships to best serve the needs of Corporate or Division objectives.
• Negotiate procurement of major commodities and/or services by properly balancing considerations of price, quality, service, delivery, payment terms, and commercial situations.
• Be able to complete a comprehensive contract covering all as facts of a purchase agreement, insuring legal and ethical requirements are met while still meeting Corporate or Division objectives.
• Analyze and interpret industry conditions and state of the art advancements which may have an affect on design, lead time, cost.
• Acquire a broad knowledge of supplier qualifications encompassing such items as sales and distribution policies, procedures, research and development support in order to ensure desired quality and delivery of assigned commodities.
• Analyze and evaluate all elements of cost and all procurement transactions of assigned commodities for maximum cost improvement.
• Maintain a general knowledge of technical requirements involved with assigned commodity responsibility so that our Division requirements are fully understood by suppliers.
• Provide management with forecasts of market conditions, price trends, and potential problem areas. Communicate detailed and sometimes technical information to internal customers to advance best practices and decision making. Assist purchasing management in training lower classified personnel.
• Knowledge of Energy and Facilities contracts.

POSITION SPECIFICATIONS

I. KNOWLEDGE

• Have a sound working knowledge of purchasing principles within a manufacturing environment including the ability to research, analyze, negotiate, and close various types of purchase efforts within the guidelines of good business and ethical practices.
• B.S. Degree and five (5) years experience in Purchasing or related fields including Strategic Sourcing, Logistics, Inventory Management, Supplier Relationship Management, or Materials Management.
• C.P.M. or C.P.S.M. certification a plus

II. PROBLEM SOLVING

• Assuring a timely delivery of quality raw materials and components requires the proper choice of supplier.
• Maintaining consistent pricing and cost improvement requires the creativity of product review, new supplier search, departmental interface for redesign and the ability to negotiate the needed price.
• Responding to all levels of managerial requests requires the flexibility of dealing with new situations and demands while maintaining normal activities.

III. RESOURCE RESPONSIBILITY

Responsible for selecting suppliers, placing orders based on scheduled requirements, monitoring quality and delivery, and assuring accuracy of payment. The primary impact is that it allows manufacturing to produce and marketing to sell towards their individual and collective objectives.

Iv. Communication Skills

Contact with current and potential suppliers, from sales and technical representatives to ownership; and corporate interface from inter-departmental conferences through business unit personnel to corporate managerial levels require multi-level skills of communication. In different situations it can be necessary to teach, explain, negotiate, sell, correct, and convey attitudes or information and clarify positions to further organizational goals.

Sumitomo Electric Lightwave offers a competitive salary and generous benefits package including the following:

• Group health coverage (medical, dental, & vision)
• Retirement plan with employer match
• Company provided life insurance
• Voluntary benefits at a discounted rate
• 12 paid holidays and as well as generous vacation and sick time

About Sumitomo Electric Group

Sumitomo Electric Industries, Ltd. is a recognized global technology leader with over 280,000 employees working at around 400 group companies in 40 countries. Building on more than 120 years of innovation, today Sumitomo Electric is engaged in diversified business activities that support people’s daily lives and industries in five business segments: automotive, infocommunications, electronics, environment & energy, and industrial materials. To learn more about Sumitomo Electric, please visit https://sumitomoelectric.com. You can watch videos from our past interns and corporate profile from our YouTube Channel (https://www.youtube.com/user/SumitomoElectric/). Follow us on LinkedIn (https://www.linkedin.com/company/sumitomo-electric).

SEL is an Equal Opportunity employer and will consider all qualified applicants for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, national origin, disability, age, genetics, protected veteran status, or any other characteristic protected by law.