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Hoyt Archery Inc. in Salt Lake City, UT is seeking a Junior Buyer responsible for procuring supplies, materials and services to maximize value. You will use production forecasts to create purchase orders, negotiate pricing and delivery terms, and enter orders into the ERP system.
You will coordinate with Accounts Payable and Receiving to resolve invoice discrepancies. The role supports production and works with Engineering on new products.
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Salt Lake City, UT, US
4 days ago Requisition ID: 1067
Salary Range: $65,000.00 To $75,000.00 Annually
JOB SUMMARY:
While upholding Hoyt’s Policies and Mission and Values Statement, the Junior Buyer is responsible for procurement of supplies, materials, and services for Hoyt to provide optimum value for the company.
Responsible for ordering and timely delivery of products and services: Uses forecast generated from Production planning to create Purchase Orders for inventoried items based on requirements. Places orders with suppliers, confirms/negotiates pricing and delivery, and enters the purchase orders into Manage 2000. Reviews delivery dates of all open purchase orders and communicates with suppliers to ensure materials are received when needed. Works closely with Accounts Payable and Receiving departments to research and resolve quantity and/or pricing discrepancies on invoices.
Production support: Supports the production floor with its immediate materials needs. Determines action/s required and acts accordingly. Actions might include expediting parts, locating parts in house, counting inventory, identifying / resolving root cause.
Negotiates pricing, freight terms and credit terms with suppliers. Works closely with Supplier’s to ensure the proper amount of inventory is being ordered. Adjusts inventory levels up and down with seasonality trends and forecast requirements to ensure the proper amount of inventory. Works closely with suppliers to understand and reduce lead times.
Review requisitions, place purchase orders for all non-inventory needs.
Works closely with Engineering during new product design and implementation. Recommends current suppliers or sources new suppliers for materials for the new product year or for mid-year changes. As new technologies are introduced and become available, forwards information to Engineering for consideration. Works with engineers and suppliers to solve problems that arise concerning parts.
Attends regular meetings and communicates frequently with Inventory, Production, Quality, Accounting, and Engineering. Participates in project teams as assigned.
Hoyt Management System: Works with the Purchasing Manager to communicate and resolve supplier quality alerts. With the assistance of suppliers, develops cause analysis and preventative actions plans.
Responsible for general housekeeping of their desk; works all scheduled hours; maintains good attendance; adheres to all safety policies, procedures, and rules; adheres to the company’s Tobacco Free policy; and performs other duties as assigned by top management.
This position requires:
Type of Training
Associates Degree in Business or related field required, B.S. degree preferred.
Additional training and professional development through seminars and involvement in a professional association is encouraged.
Purchasing experience, preferably in a manufacturing environment 1-3 years
array of commodity experience.
Note: Management reserves the right to require specific training for this position. However, depending upon the type and the quality of prior work experience, some exchanges can be made between training and experience.
The Junior Buyer is responsible for investing the company's money to realize the greatest return. This individual recommends and implements strategies to develop and maintain a reliable supplier base capable of meeting Hoyt’s requirements. Problems are solved by considering courses of actions within the framework of management’s goals and standards.
The Junior Buyer regularly interfaces with all levels of personnel throughout the organization. This individual works with suppliers to ensure healthy relationships and to maintain an open line of communication for the discussion of business issues with the suppliers.
This position does not directly supervise others.
*Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the employer.