Purchasing Agent

Socket.dev; Blacksburg (VA); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Bonus component

Stock options

100% paid medical premiums

401K with 6% match

Generous paid vacation

AD+D and Life Insurance

Job summary

Torc, a leader in autonomous vehicle software, is seeking a Procurement Specialist to manage supplier relationships, research vendors, and process purchase orders in a fast-paced environment. You will verify specifications, negotiate terms, and coordinate deliveries to keep projects on track.

Ideal candidates have strong communication, attention to detail, critical thinking, and the ability to handle confidential information while delivering cost-effective solutions and maintaining positive

Qualifications

• Excellent interpersonal, verbal, and written communication to build trust and good working relationships.
• Keen attention to detail to identify problems and ensure compliance with protocol.
• Critical thinking to identify problems and provide practical solutions.
• Strong business insight and judgment, and a collaborative style.
• Excellent time management to juggle priorities in a fast-paced environment.
• Ability to ethically handle sensitive information with impartiality and professionalism.

Responsibilities

• Researching and comparing suppliers, goods, services, and prices.
• Evaluating suppliers by price, reliability, quality, availability, and cost-efficiency.
• Rejecting tickets not containing info to place orders efficiently and compliantly.
• Redirecting requests to preferred vendors with extended credit when feasible.
• Preparing and processing purchase orders with verified specs and price.
• Managing purchases by forwarding orders to suppliers and expediting as needed.
• Interacting with suppliers to schedule delivery and update requisitioning timelines.
• Negotiating volume discounts and identifying cost-saving opportunities.
• Analyzing and resolving purchasing issues such as price or quantity discrepancies.
• Building and maintaining long-term supplier relationships.
• Compiling reports like open commitments and delivery dates.
• Reconcile credit card purchases and forward invoices to Finance.

Skills

Interpersonal skills

Attention to detail

Critical thinking

Business acumen

Time management

Confidential handling

Job description

About the Company

At Torc, we have always believed that autonomous vehicle technology will transform how we travel, move freight, and do business. A leader in autonomous driving since 2007, Torc has spent over a decade commercializing our solutions with experienced partners. Now a part of the Daimler family, we are focused solely on developing software for automated trucks to transform how the world moves freight. Join us and catapult your career with the company that helped pioneer autonomous technology, and the first AV software company with the vision to partner directly with a truck manufacturer.

Meet the Team

Responsible for purchasing goods and services according to departmental and organizational policies and procedures. Responsibilities include negotiating purchase agreements for materials, equipment, supplies, and designated services; conducting research to maintain the most effective purchase practices and procedures; and initiating necessary cost‑saving programs where feasible. Obtain quotes from vendors, create purchase orders, place orders with supplier, and follow up with suppliers on order status, variances, and quality issues. Reject tickets that do not include necessary information to place purchase orders efficiently, accurately and compliantly. Close all orders timely.

What You’ll Do

• Researching and comparing suppliers, goods, services, and prices
• Evaluating the most suitable suppliers in terms of price, reliability, quality, availability and cost‑efficiency
• Consistently reject tickets that do not include necessary information to place purchase orders efficiently, accurately, and compliantly or obtain quotes on behalf of requestors.
• Redirect requestor’s vendor selection, when possible, to use vendors that have extended credit, opposed to payment by corporate card or vendor down payments.
• Preparing and processing purchase orders by verifying specifications and price in accordance to company policies and procedures
• Manages purchases by forwarding orders to suppliers and monitoring and expediting orders as needed
• Interacting with suppliers to schedule delivery times and updating expected delivery dates with communication to the requisitioner
• Works with suppliers to negotiate volume and discounts, and investigates cost saving opportunities
• Analyze and resolve purchasing issues/discrepancies (price, qty, part, etc.)
• Building and maintaining positive, long‑term supplier relations
• Compile and maintain various purchasing related reports as needed (ex. Open commitments report, expected delivery dates, etc.)
• Reconcile credit card purchases, ensure goods receipt completed, and invoice is forward to Finance for processing.
• Follows standard work processes and the Internal Controls System and assists in testing or self‑assessments (as assigned) as part of the internal control process.

What You’ll Need to Succeed

• Excellent interpersonal, verbal, and written communication skills to build trust and strong working relationships, effectively create and proofread documents and reports, and communicate to a diverse workforce.
• Keen attention to detail to identify problems and processes that do not comply with protocol.
• Critical/logical thinking to identify problems and provide solutions to ensure efficiency, safety, and quality.
• Strong business insight and judgment, team orientation and collaborative style
• Strong time management and organizational skills to plan, develop, coordinate resources, prioritize effectively, and maintain competing demands simultaneously with frequent interruptions and in a fast‑paced environment.
• Ability to ethically handle sensitive and confidential information with impartiality and professionalism

Perks of Being a Full‑time Torc’r

Torc cares about our team members and we strive to provide benefits and resources to support their health, work/life balance, and future. Our culture is collaborative, energetic, and team focused. Torc offers:

• A competitive compensation package that includes a bonus component and stock options
• 100% paid medical, dental, and vision premiums for full‑time employees
• 401K plan with a 6% employer match
• Flexibility in schedule and generous paid vacation (available immediately after start date)
• AD+D and Life Insurance

We celebrate the uniqueness of our Torc’rs and do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, veteran status, or disabilities.

Even if you don’t meet 100% of the qualifications listed for this opportunity, we encourage you to apply.

Our compensation reflects the cost of labor across several geographic markets. Pay is based on a number of factors and may vary depending on job‑related knowledge, skills, and experience. Torc's total compensation package will also include our corporate bonus and stock option plan. Dependent on the position offered, sign‑on payments, relocation, and other forms of compensation may be provided as part of a total compensation package, in addition to a full range of medical, financial, and/or other benefits.