What are the responsibilities and job description for the Senior Buyer position at Magneto Movement?
Company Description Magneto Movement is focused on becoming an industry leader in motion control, drawing on the proven reputation and deep expertise of its subsidiaries, AM Equipment and Dumore Motors. The company leverages advanced motion technologies to serve a wide range of applications and customers. Team members benefit from working in a growing organization that values technical excellence, reliability, and innovation. Magneto Movement offers opportunities to collaborate across subsidiaries and contribute to building a unified, high-performing motion control business.
Role Description The Senior Buyer is a full-time, on-site role. This role is responsible for managing end-to-end purchasing activities, including sourcing suppliers, negotiating pricing and terms, and issuing purchase orders for materials, components, and services. The Senior Buyer monitors inventory levels, coordinates with production and engineering teams to ensure timely material availability, and resolves supply issues to support manufacturing schedules. Daily tasks include analyzing demand forecasts, maintaining vendor relationships, tracking delivery performance, and identifying cost-saving and process-improvement opportunities. The Senior Buyer also supports compliance with company policies and industry standards, maintains accurate purchasing records, and prepares reports and recommendations for leadership.
Qualifications
- Bilingual in English and Korean
- Demonstrated experience in purchasing or supply chain roles, preferably within manufacturing, industrial equipment, or motion control environments.
- Proficiency with ERP or MRP systems, purchasing software, and basic data analysis tools (e.g., Excel or similar applications).
- Strong negotiation, vendor management, and contract administration capabilities to secure favorable pricing, quality, and delivery terms.
- Solid understanding of inventory management, demand planning, and cost control principles.
- Excellent organizational skills and attention to detail, with the ability to manage multiple priorities and deadlines.
- Clear written and verbal communication skills, with the ability to collaborate effectively with cross-functional teams and external partners.
- Analytical and problem-solving skills to evaluate supplier performance, address delays or quality issues, and recommend corrective actions.
- Bachelor’s degree in supply chain management, business, engineering, or a related field; equivalent experience may be considered.
- Relevant certifications such as CPSM, CPIM, or CSCP are a plus.
- Commitment to ethical purchasing practices, continuous improvement, and supporting a safe, inclusive workplace.