Commodity Buyer

DENSO; Statesville (NC); On-site; USD 64,000 - 79,000; Full time

Benefits offered by this job

401K with company match

Bonus Program

Medical, Dental, Vision plans

Paid Holidays and PTO

Employee Development

Job summary

DENSO in North Carolina is seeking a Purchasing professional to execute purchases of assigned commodities, identify and evaluate suppliers, and negotiate prices and delivery terms to optimize quality and reliability of supply. You will coordinate purchasing with production plans and act as a resource to junior staff.

Required is a Bachelor’s degree in business or related field with 2–5 years of experience, strong analytical abilities, and proficiency in Word and Excel.

Qualifications

• Bachelor’s degree in business, supply chain or related field.
• 2-5 years of relevant experience, or equivalent combination of education and experience.
• Knowledge of Purchasing procedures and terms.

Responsibilities

• Executes purchase contracts for assigned commodities.
• Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply.
• Analyzes and evaluates supplier bids, proposals, or quotations; negotiate prices and delivery conditions.
• Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities.
• Conducts ongoing and annual cost reduction analysis. Creates recommendations, presentations and reports out to management.
• Acts as a resource to less experienced personnel.
• Performs other duties as assigned.

Skills

Communication skills

Analytical skills

Teamwork

Microsoft Excel

Microsoft Word

Education

Bachelor’s degree in business, supply chain or related field

Tools

Microsoft Word

Microsoft Excel

Job description

Job Description

Under moderate supervision, executes purchases of assigned commodities. Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes factors driving market price, evaluates and compares current price to market, as well as other opportunities to secure reduced prices. Analyzes and evaluates supplier bids, proposals, or quotations; negotiate prices and delivery conditions; and commits to purchases (within established limits of authority) with terms that are in the organization's best interest. Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and services. Acts as a resource to less experienced personnel.

Job Description

Under moderate supervision, executes purchases of assigned commodities. Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes factors driving market price, evaluates and compares current price to market, as well as other opportunities to secure reduced prices. Analyzes and evaluates supplier bids, proposals, or quotations; negotiate prices and delivery conditions; and commits to purchases (within established limits of authority) with terms that are in the organization's best interest. Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and services. Acts as a resource to less experienced personnel.

Job Description

Under moderate supervision, executes purchases of assigned commodities. Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes factors driving market price, evaluates and compares current price to market to secure reduced prices. Analyzes and evaluates supplier bids, proposals, or quotations; negotiate prices and delivery conditions; and commits to purchases (within established limits of authority) with terms that are in the organization's best interest. Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and materials.

Essential Duties and Responsibilities

• Executes purchase contracts for assigned commodities.
• Identifies, researches, and evaluates suppliers that meet the organization's standards of price, quality, timing, and reliability of supply. Recognizes factors driving market price, evaluates and compares current price to market to secure reduced prices.
• Analyzes and evaluates supplier bids, proposals, or quotations; negotiate prices and delivery conditions; and commits to purchases (within established limits of authority) with terms that are in the organization's best interest.
• Interprets inventory targets, production schedules, purchase requisitions, orders, and other documents to coordinate purchasing activities with the organization's current and anticipated demand for goods and materials.
• Conducts ongoing and annual cost reduction analysis. Creates recommendations, presentations and reports out to management.
• Evaluates and provides recommendation to update current processes and procedures in order to ensure maximum efficiency in purchasing efforts.
• Acts as a resource to less experienced personnel.
• Performs other duties as assigned.

Requirements

• Requires a Bachelor’s degree in business, supply chain or related field
• 2-5 years of relevant experience, or equivalent combination of education and experience.
• Knowledge of Purchasing procedures and terms
• Knowledge of supply chain theories
• Ability to break down and analyze supplier price proposals
• Excellent written and oral communication skills and good presentation skills
• Competent level of experience using Microsoft Word and Excel
• Analytical skills
• Ability to calculate mathematical figures and amounts such as discounts, interest and percentages
• Strong organizational and time management skills
• Strong customer service skills
• Ability to work as part of a team

Benefits Summary

• Medical, Dental, Vision, Prescription Drug plans
• 401K with 4% company match
• Vacation/PTO and 13 paid Holidays
• Bonus Program
• FSA/HSA and Dependent Care Program
• Company provided Life, Disability, ADD and Business Travel Insurance
• Various No Cost Wellness & Chronic Condition Management Programs
• Various Optional Insurance programs such as legal, identity theft, critical illness, etc.
• Tuition Reimbursement
• Career Development and Ongoing Training
• Employee Assistance Program
• Employee Spotlight and Recognition Program
• Volunteer opportunities
• Onsite Fitness Center (vary by location)
• Cafeteria and food markets (vary by location)
• Onsite Health Clinic and Pharmacy (vary by location)

Annual Salary

$64,000 - $79,000