Senior Commodity Buyer

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.

Essential Duties and Responsibilities

1. Executes purchase contracts for assigned commodities.
2. 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.
3. 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.
4. 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.
5. Conducts ongoing and annual cost reduction analysis. Creates recommendations, presentations and reports out to management.
6. Evaluates and provides recommendation to update current processes and procedures in order to ensure maximum efficiency in purchasing efforts.
7. Acts as a resource to less experienced personnel.
8. Performs other duties as assigned.

Minimum Level of Education and Training Required

• 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

Annual Salary: $79,000 -$98,000