Purchasing Buyer – MRO
Lincoln Electric
full-time
Posted on:
Location Type: Office
Location: Shelby • Missouri • 🇺🇸 United States
Visit company websiteSalary
💰 $36,103 - $51,576 per year
Job Level
JuniorMid-Level
Tech Stack
ERP
About the role
- Responsible for managing relationships with suppliers for direct and indirect goods and services.
- Owns their respective suppliers' performance and related corrective actions necessary to meet and improve our operational performance
- Works closely with other departments to identify, evaluate, and develop qualified suppliers for assigned purchase requirements
- Participates in local management meetings, gaining a better understanding of the immediate priorities locally while communicating progress
- Manages external supply risk associated with supplier selections, including alternative sourcing strategies, inventory safety stocks, and supplier inventory programs (examples: VMI, Consignment, and other solutions to minimize risk)
- Improves Working Capital (WC) through stocking programs, extended payment terms and utilization of established Supply Chain Financing (SCF) program where appropriate
- Considers cost variables when selecting suppliers during the sourcing process (examples: logistic selections, title transfer, INCO terms, training, technical support, payment terms, pricing, lead times, order quantities, warranty, liabilities, and other factors based on specific budget and schedule requirements)
- Serves as a member of cross-functional project teams to implement the most cost-effective value for procurement alternatives
- Establishes purchased material Standard Cost and provides forward guidance to expected cost variances.
- Communicates supply cost factor changes on a monthly basis while recognizing the importance to quoting and overall profit performance of the company
- Prepares and manages Requests for Quotation, Information, or Proposals (RFx) of local sourcing requirements
- Provides suppliers with forecasts and production schedule information as needed
- Engages in Continuous Improvement (Cl) process for operational improvements of assigned procurement processes, including improvement in Kinetic transactions, master data accuracy, and implementation of new business systems related to Kinetic processes
- Gives close attention to detail and policies for supplier onboarding requirements (e.g. NOA to protect all intellectual property, tax documentation, vendor-master data collections of banking accounts, terms, and contact information)
Requirements
- Bachelor's degree or minimum 2 years experience in a related procurement role in lieu of a degree
- Thorough working knowledge of purchasing policies, processes, and procedures for a publicly traded company
- Ability to read and interpret documents such as Part Prints, Bills of Material, Manufacturing Routings, and Job Order Forms
- Excellent interpersonal, communication, analysis, and problem-solving skills
- Strong computer proficiency with experience using Microsoft Office Suite and Kinetic or similar ERP
- Knowledge and experience using consumption-based and forecast-based planning methods
- Ability to prioritize work and adapt your work schedule to meet deadlines
- Demonstrate a strong attention to detail
- Previous procurement experience in an ISO-9001 or equivalent Quality Management System (QMS)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
procurementsourcingcost analysisinventory managementforecastingpurchasing policiessupplier performance managementcontinuous improvementstandard cost estimationRFx preparation
Soft skills
interpersonal skillscommunication skillsanalytical skillsproblem-solving skillsattention to detailorganizational skillsadaptabilityprioritization
Certifications
Bachelor's degreeISO-9001 certification