Senior Buyer

HydraForce Inc.; Lincolnshire (IL); Hybrid; USD 90,000 - 110,000; Full time

Job summary

A leading company in hydraulic solutions is seeking a Strategic Sourcing Specialist to drive initiatives across North America. This hybrid role involves negotiating contracts, managing supplier relationships, and ensuring compliance with procurement policies. Ideal candidates will possess strong analytical skills and a customer-focused approach. Join a dynamic team dedicated to innovation and excellence in the industrial machinery sector.

Benefits

Health insurance

Dental insurance

Vision insurance

401(K) retirement plan with employer match

Flexible spending accounts

Paid time off

Tuition assistance

Disability insurance

Qualifications

• 5 years experience in Sourcing or similar discipline.
• 10 plus years in production planning or buying.
• Strong knowledge of procurement best practices.

Responsibilities

• Driving strategic sourcing initiatives and negotiating contracts.
• Conducting supplier evaluations and securing favorable terms.
• Overseeing the procurement process and ensuring compliance.

Skills

Analytical mindset

Customer focused

Clear communication skills

Education

Bachelor’s degree in Business Management

Bachelor’s degree in Supply Chain Management

Bachelor’s degree in Computer Science

Tools

SAP

Excel

Power BI

Job description

HydraForce, a Bosch Rexroth Company, offers one of the most comprehensive lines of high-quality hydraulic cartridge valves for the mobile and industrial equipment markets. We design and manufacture high performance valves that meet virtually any need encountered in machine design. HydraForce cartridge valves are designed to fit a wide range of industry-common valve cavities. Our employees enjoy a fast-paced and challenging work environment that provides them with daily opportunities to Power Forward their careers. For almost 35 years, HydraForce has been producing the most innovative elector-hydraulic control solutions for the mobile machinery and industrial equipment markets.

Bosch Rexroth is one of the world’s leading providers of Drive and Control Technologies. Regardless of the motion task that customers face anywhere in the world, they will always find a Bosch Rexroth team with local experience and the appropriate know-how from more than 30 industries and all drive and control technologies. Our associates take on their customers’ challenges with passion and persistence until the right solution is found. This is what makes Bosch Rexroth a strong, reliable partner for Mobile Applications, Machinery Applications and Engineering and Factory Automation. As the Drive & Control Company, we develop, produce, and distribute our components and system solutions in over 80 countries.

Position Summary:

Driving strategic souring initiatives of North America and foreign markets by negotiating contracts and optimizing supplier relationships by considering of technical capabilities, quality, source reliability and process improvements.

The position is Hybrid with 3 days in the office in a work week.

Duties and Responsibilities:

The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons

• Strategic sourcing initiatives, developing procurement strategies, manage complex contracts and leading supplier negotiations
• Conduct supplier evaluations and negotiations to secure, favorable terms, pricing, and contracts
• Oversee the procurement process from sourcing suppliers to contract execution and delivery, ensuring compliance with company policies and procedures
• Establish and maintain strong relationships with key suppliers, fostering a collaborative and mutually beneficial partnership
• Analyze quotations received, recommend, and select suppliers.
• Interface with and manage all commercial aspects of assigned supplier relations including, but not limited to, supplier agreements, monitoring overall supplier performance, resolving invoice/price discrepancies, supporting escalation of LOG & Quality issues, and supplier development/follow-up.
• Review existing, and where necessary, establish new contracts: including planning and completing annual price negotiations for responsible commodities to achieve cost savings goals. Support Purchasing team members in escalation rounds for all the above.
• Review all foreign commodities and find North American sources
• Person will source materials from suppliers at the lowest cost consistent with considerations of quality, reliability of source and urgency of need. Buyer will study market trends and suppliers, recommending sources of supply and will work closely with Project Purchasing in various plants to identify and realize potential savings projects.
• Participate in annual business planning process for responsible commodities
• Integrated member of worldwide commodity team (may include international travel)
• Knowledge and experience with material field purchasing of specific commodities, strategic sourcing and negotiations. Able to develop strategic plan to achieve year over year savings while maintaining quality and delivery excellence and a stable yet flexible supply base.
• Provide guidance to other buyers

Physical Requirements:

While performing the duties of this job, the employee is frequently required to do the following:

• Lift and move a minimum of 5pounds without assistance

This job operates in a professional office environment. This role routinely uses standard office occasionally exposed to a variety of extreme conditions. The noise level in the work environment can be quiet to moderate to loud

Qualifications

• Bachelor’s degree in Business Management, Supply Chain Management, Computer Science or similar discipline from an accredited institution (ex. CHEA) or 5 year’s experience in Sourcing, Commodity Management, Logistics Management, Purchasing or similar discipline.
• 10 plus years in production planning, scheduling or buying with a manufacturing or production environment.
• Strong knowledge of procurement best practices, contract management, and supplier relationship management.
• Analytical mindset with the ability to analyze data, identify trends, and make data-driven decisions.
• Familiarity in IT systems used in Logistics (e.g. ERP-systems like SAP, database software (Excel, Power BI), data mining).
• Customer focused and clear communication skills for various channels (face to face, phone, email, Teams).

Additional Information:

The US base salary range for this full-time position is $90k- $110k. Within the range, individual pay is determined based on several factors, including, but not limited to, work experience and job knowledge, complexity of the role, job location, etc. The Recruiter can share more details about the specific salary range during the interview process. In addition to your base salary, HydraForce offers a comprehensive benefits package that includes health, dental, and vision plans; health savings accounts (HSA); flexible spending accounts; 401(K) retirement plan with employer match; wellness programs; life insurance; short and long term disability insurance; paid time off; and reimbursement of education expenses. Pay ranges included in the postings generally reflect base salary; certain positions may include bonus, commission, or additional benefits.

Must Have

• Must have US work authorization. This position is not open for International Assignments.
• Indefinite U.S work authorized individuals only. Future sponsorship for work authorization is not available.

We are an Equal Opportunity Employer including disability/veterans.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Supply Chain and Purchasing

• Industries

  Industrial Machinery Manufacturing

Referrals increase your chances of interviewing at HydraForce Inc. by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Tuition assistance

Disability insurance

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