What are the responsibilities and job description for the Senior Category Buyer - Electronics & Electro-Mechanical position at Methode Electronics, Inc. and Careers?
Position Summary:
This position will be responsible for driving sourcing initiatives within the Electronics & Electro-Mechanical components category. The senior category buyer plays a key role in ensuring supply continuity, optimizing total landed cost and driving the effective development and execution of procurement activities.
This role manages all aspects of procurement including supplier qualification, price management, working capital objectives and cost optimization. The buyer collaborates with category managers to ensure operational execution is aligned with key sourcing objectives and evolving business priorities
Key Responsibilities
- Develop and execute sourcing strategies, ensuring optimal acquisition, performance, and lifecycle management while driving cost efficiency, operational reliability, and technological innovation
- Conduct supplier risk assessments, establish dual sourcing strategies, and develop contingency plans
- Manage supplier relationships, lead negotiations, prepare and execute nomination agreements, contracts to maximize value and maintain resilient supply chain
- Collaborate with engineering, operations, and new product development teams to align strategies with product roadmaps and plant requirements
- Drive standardization, cost optimization, and design-to-cost initiatives
- Stay ahead of market trends, emerging technologies, and geopolitical impacts to develop resilient strategies for supply continuity
- Lead cross-functional evaluation of supplier selection process with supplier performance management, engineering and plant operations teams.
- Monitor and analyze price variances, monitor cost savings and implement cost optimization measures to meet budget and category savings targets
- Resolve supply disruptions and coordinate with cross-functional team to ensure timely resolution
- Utilize data insights and analytics to guide procurement decisions and provide actional insights to category managers and other internal stakeholders
- Drive process improvement initiatives to improve efficiency and accuracy of procurement process for the assigned category
Qualifications
- Bachelor’s degree in supply chain management, engineering, business, or a related field
- 5 years of relevant experience in global sourcing, procurement, or supply chain management in automotive or Industrial sector
- MRP and ERP background in support of the procurement process.
- Proven performance in achieving business results within procurement.
- Strong communication, negotiation and relationship-management skills, fostering collaboration with global and regional suppliers as well as internal leadership
- Extensive knowledge of regional and global supplier networks, with the ability to leverage key industry relationships for sourcing excellence
- Strong analytical, problem-solving and decision-making skills, utilizing a data-driven approach to optimize strategies and mitigate risks
The base pay hiring rate expected for this position is: $96,000 - $128,000. This position is eligible to participate in an incentive plan. Metrics and level of participation are determined annually.
Benefits and Perks
Methode offers US employees Medical, Dental, Vision, Hearing, Life & Disability insurance, a wellness program, and time off benefits.
Voluntary benefit plans include Accident, Hospital Indemnity and Pet Insurance.
Methode provides an Employee Assistance Program, and participation in the Company’s 401(k) plan which includes a company contribution.
Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly employees will also be paid overtime pay when working qualifying overtime hours.
Methode Electronics is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information and other legally protected characteristics per the EEO Poster available
here
. If you need a reasonable accommodation because of a disability for any part of the employment process, please send an e-mail to recruiting@methode.com or call (708) 867-6777 and let us know the nature of your request and your contact information.Salary : $96,000 - $128,000