Senior Buyer

New River Electrical Corporation; Cloverdale (VA); On-site; USD 90,000 - 120,000; Full time

Job summary

New River Electrical Corporation in Virginia is seeking a Sr. Buyer to join our procurement team. You will support internal teams in sourcing, supplier management and cost optimization to ensure a seamless supply chain and favorable terms for our electrical projects.

Collaborate with cross-functional teams, implement best practices, and drive strategic decisions in a fast-moving environment while contributing to growth and efficiency.

Qualifications

• Advanced degree in business, supply chain, or procurement.
• 5+ years of experience in purchasing, contract negotiation, or materials planning.
• 3+ years of technical procurement in electrical equipment for utility/grid operations.
• Experience with global sourcing and supplier relationship management.

Responsibilities

• Develop and execute a strategic sourcing strategy to optimize costs.
• Manage supplier base with a documented contract matrix and PO releases.
• Evaluate suppliers for capability, quality, and price competitiveness.
• Develop supplier scorecards and report KPIs to senior leadership.
• Benchmark performance against budget and identify continuous improvement.
• Coordinate with project management and engineering to resolve quality issues.

Skills

Procurement leadership

Supplier management

Negotiation

Cross-functional collaboration

Analytical thinking

Education

Advanced degree in business or supply chain

Tools

Sourcing software

Job description

Position Description

Position Summary:

NRE seeks an experienced, results-driven Sr. Buyer to join our team at New River Electrical Company.

As a Sr. Buyer, you will support various internal teams in managing the sourcing process, suppliers, and managing relationships to ensure a seamless supply chain and optimize costs. You will also collaborate with cross-functional teams, make strategic decisions and implement best practices within our growing procurement function.

This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market. We offer competitive compensation packages, health benefits and a supportive work environment that fosters learning and professional growth.

Duties/Responsibilities:

• Support the Senior Sourcing Specialist to conduct comprehensive supplier analysis to formulate a strategic sourcing strategy, plan, or master profile that identifies new/suitable suppliers, optimize cost structures and proactively ensures continuity of supply based on macro market or industry trends.
• Manage the supply base by implementing a documented supplier management playbook to support EPC/large scale project work, including but not limited to drafting a supplier contract matrix, executing contractual PO releases with SOW, drafting design freezes issued to construction, status reports, FAT reports, and non-conformance reports.
• Ensure health of supply base by evaluating and selecting suppliers based on capability, quality, reliability, and price competitiveness.
• Develop supplier scorecard to measure supplier performance against agreed upon key performance indicators; tracks compliance and supports formal management reporting to the vice president and other members of senior management
• Benchmark, track, and analyze annual performance metrics and sourcing trends against budget to demonstrate continuous improvement and progress against strategic objectives.
• Coordinate with project management, outsourced engineering firms, and quality organizations to determine cause of rejected material and to drive appropriate changes to ensure elimination/reduction of those quality issues.
• Utilize owned or leased sourcing software and other platforms to manage requests, obtain market intelligence, and understand cost drivers to formulate business decisions.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Position Requirements

Qualification/Experience:

• Advanced degree in business, supply chain, or procurement and 5+ years of experience working in one or more of the following: purchasing, contract negotiation, material or production planning, operations or supply chain management.
• 3+ years of technical procurement experience in highly engineered electrical equipment support utility and grid operations within substations and high-voltage lines.
• Knowledge of and established relationships with finished product manufacturers or manufacturer representatives in the utility industry.
• Experience in sourcing from a global supply base using various contractual models. Proven success working on cross-functional new service or product introduction projects, completing cost models, and negotiating.
• Familiarity with sourcing, buying, and solicitation purchasing software and systems within a purchasing function.
• Exceptional written, verbal and presentation communication skills.
• Ability to identify and resolve technical, operational and organizational problems. Detail-oriented, self-motivated and able to respond quickly to a fast-moving and ever-changing environment.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to see, talk and hear. The employee is required to sit at a desk and work on a computer for prolonged periods of time.

Equal Opportunity Employer

It has been and will continue to be a fundamental policy of the Company not to discriminate on the basis of race, color, religion, sex, national origin, age, disability, sexual orientation, gender identity, or status as a veteran, or any other basis protected by applicable federal, state or local law, with respect to recruitment, hiring, training, promotion, and other terms and condition of employment.