Capital Buyer

Novolex

Lake Forest (IL)

On-site

USD 80,000 - 95,000

Full time

5 days ago
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Benefits offered by this job

401(k) plan with company match
Medical, dental and vision insurance
Flexible spending and health savings
Paid vacation and sick days
Paid parental leave
Paid holidays and wellness program

Job summary

Novolex is seeking a Capital Buyer to source, negotiate and purchase capital equipment, construction and engineering services across the organization, ensuring on-time, on-budget delivery.

You will work with Engineering, Operations, Maintenance, Project Managers, and Finance to deliver projects per procurement policies; develop RFQs, evaluate proposals, negotiate terms, and manage POs in ERP. This role offers strong growth opportunities and comprehensive benefits.

Qualifications

  • Bachelor's degree in Package Engineering, Supply Chain Management, Business, Engineering, Finance, or a related field.

Responsibilities

  • Lead sourcing and procurement activities for capital equipment, construction services, engineering services, and project materials.
  • Develop and execute procurement strategies that support capital project objectives, schedules, and budgets.
  • Prepare and manage RFQs, RFPs, and bid packages for capital projects.
  • Evaluate supplier proposals, conduct commercial analyses, and make sourcing recommendations.
  • Negotiate pricing, delivery schedules, payment terms, warranties, service agreements, and contracts.
  • Collaborate with Engineering, Operations, Maintenance, Finance, and Project Management teams throughout the project lifecycle.
  • Create and manage purchase orders and procurement documentation in ERP systems.
  • Monitor supplier performance, expediting critical deliveries to ensure project milestones are achieved.
  • Identify opportunities for cost savings, value engineering, supplier consolidation, and process improvements.
  • Support capital budgeting and forecasting activities through accurate cost estimates and market intelligence.
  • Ensure compliance with company procurement policies, safety standards, regulatory requirements, and ethical sourcing practices.
  • Develop and maintain strong supplier relationships to support long-term business objectives.
  • Analyze market trends, commodity fluctuations, and supplier capabilities to mitigate supply chain risks.

Skills

Negotiation
Contract management
Supplier relationship mgmt
Analytical
Organizational
Project management
Stakeholder management
Communication

Education

Bachelor's degree in Package Engineering

Job description

Company Overview
Why Choose Us?

Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.

Our Sustainability Commitment

The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.

Job Description

Position Summary

The Capital Buyer is responsible for sourcing, negotiating, and purchasing capital equipment, construction services, engineering services, and project-related materials that support strategic capital investments across the organization. This role works closely with Engineering, Operations, Maintenance, Project Managers, and Finance to ensure capital projects are delivered on time, within budget, and in compliance with company procurement policies.

Key Responsibilities

  • Lead sourcing and procurement activities for capital equipment, construction services, engineering services, and project materials.
  • Develop and execute procurement strategies that support capital project objectives, schedules, and budgets.
  • Prepare and manage RFQs, RFPs, and bid packages for capital projects.
  • Evaluate supplier proposals, conduct commercial analyses, and make sourcing recommendations.
  • Negotiate pricing, delivery schedules, payment terms, warranties, service agreements, and contracts.
  • Collaborate with Engineering, Operations, Maintenance, Finance, and Project Management teams throughout the project lifecycle.
  • Create and manage purchase orders and procurement documentation in ERP systems.
  • Monitor supplier performance, expediting critical deliveries to ensure project milestones are achieved.
  • Identify opportunities for cost savings, value engineering, supplier consolidation, and process improvements.
  • Support capital budgeting and forecasting activities through accurate cost estimates and market intelligence.
  • Ensure compliance with company procurement policies, safety standards, regulatory requirements, and ethical sourcing practices.
  • Develop and maintain strong supplier relationships to support long-term business objectives.
  • Analyze market trends, commodity fluctuations, and supplier capabilities to mitigate supply chain risks.

Required Qualifications

  • Bachelor's degree in Package Engineering, Supply Chain Management, Business, Engineering, Finance, or a related field.
  • Strong negotiation, contract management, and supplier relationship management skills.
  • Strong analytical, organizational, and project management skills.
  • Excellent communication and stakeholder management abilities.
  • Ability to manage multiple projects and priorities in a fast-paced environment.

A reasonable estimate of the current range is $80,000 - $95,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual payis determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.

The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid holidays and wellness program

#LI-TM1

Company Benefits
What You'll Get From Us
Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.

Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact myHRservices@novolex.com.

Formerly Pactiv Evergreen

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