Buyer

Sumitomo Electric Group; Raleigh (NC); On-site; USD 70,000 - 100,000; Full time

Job summary

Sumitomo Electric Group is seeking a seasoned Purchasing Buyer to manage supplier relationships, negotiate major/ minor acquisitions, and draft comprehensive contracts to support manufacturing operations. The role involves analysis of costs, market trends, and supplier qualifications to ensure timely delivery of materials and services.

The ideal candidate will have a B.S. degree with 5 years of purchasing experience, strong English proficiency, and hands-on expertise with Excel and ERP systems.

Qualifications

• B.S. Degree with at least 5 years in Purchasing or related field.
• C.P.M. or C.P.S.M. certification is a plus.
• Proficiency in English (spoken and written).
• Proficient with Excel, ERP, and collaboration tools.

Responsibilities

• Develop and manage supplier relationships to meet corporate objectives.
• Negotiate procurement of major or minor commodities and services.
• Draft comprehensive purchase contracts covering all aspects of the agreement.
• Analyze industry conditions and lead times for cost impact.
• Acquire knowledge of supplier qualifications to ensure quality and delivery.
• Analyze and evaluate all cost elements for procurement.
• Maintain understanding of technical requirements to guide suppliers.
• Provide forecasts on market conditions and communicate with internal customers.
• Assist in training purchasing personnel.

Skills

Negotiation

Supplier relationship management

Cost analysis

Communication

Education

B.S. Degree

5 years of purchasing experience

C.P.M. or C.P.S.M. certification (preferred)

Tools

Excel

ERP

Microsoft Teams

Pivot Tables

VLOOKUP

Job description

Purpose of Position

Procurement of manufacturing materials and/or services involving high value 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(s).

Responsibilities may include purchase of raw materials, MRO items, contracted services, subcontract manufacturing, etc.

Major Responsibilities

Perform the functions of Buyer and in addition perform the following:

1. Successfully develop and manage supplier relationships to best serve the needs of Corporate or Division objectives.
2. Negotiate procurement of major or minor commodities and/or services by properly balancing considerations of price, quality, service, delivery, payment terms, and commercial situations.
3. Be able to complete a comprehensive purchase contract covering all as facts of a purchase agreement, insuring legal and ethical requirements are met while still meeting company objectives.
4. Analyze and interpret industry conditions and state of the art advancements which may have an affect on design, lead time, cost.
5. 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.
6. Analyze and evaluate all elements of cost and all procurement transactions of assigned commodities for maximum cost improvement.
7. Maintain a general knowledge of technical requirements involved with assigned commodity responsibility so that requirements are fully understood by suppliers.
8. 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.
9. Assist in training other Purchasing personnel

Requirements

• 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 field including Strategic Sourcing, Logistics, Inventory Management, Supplier Relationship Management, or Materials Management.
• C.P.M. or C.P.S.M. certification a plus
• Highly proficient in spoken and written English
• Technology adept including advanced Excel (Pivot Tables, VLOOKUP, etc.), Microsoft Teams, ERP, etc.