What are the responsibilities and job description for the Buyer II position at Monogram Aerospace Fasteners?
Buyer II
Company: Monogram Aerospace Fasteners
Primary Location: 3423 S Garfield Avenue, Commerce, CA 90040 USA
Workplace Type: On-site
Employment Type: Salaried | Full-Time
Function: Purchasing
Equal Opportunity Employer Minorities/Women/Veterans/Disabled
Main Duties & Responsibilities
Summary/Objective
Responsible for procuring materials and supplies needed for production, ensuring timely and cost-effective purchasing, maintaining strong and productive vendor relationships, and analyzing market trends to secure the best prices. They handle purchase orders, manage inventory, and communicate with suppliers. This role involves managing supplier relationships, inventory management, negotiating contracts, and analyzing market trends to identify cost-saving opportunities.
Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform this position:
Supplier Management:
Identifying, evaluating, and managing supplier relationships to ensure quality, reliability, and cost competitiveness.
Cost Optimization:
Analyzing market trends, negotiating prices, and identifying cost-saving opportunities.
Sourcing and Negotiation:
Identifying and evaluating potential suppliers and securing favorable prices and terms.
Manage the procurement process:
From issuing purchase orders to expediting deliveries, ensuring that all procurement activities are conducted efficiently and effectively.
Inventory Management:
Monitoring inventory levels, ensuring timely availability of materials, and preventing overstocking.
Quality Assurance:
Address any issues with suppliers promptly and ensure compliance with company standards.
Supply Chain Management:
Collaborating with production planners, supply chain managers, and other internal departments to align procurement with production needs.
Market Analysis:
Analyzing market trends, supplier performance, and competitor costs is a key part of the Buyer's role, helping to identify opportunities for cost reduction, improved quality, and increased efficiency.
Analyze data and track performance:
Monitor purchasing trends, supplier performance, and inventory levels to identify areas for improvement and drive data-driven decision-making.
Material Requirements Planning:
Forecasting material needs based on production plans and business requirements.
Collaborate with other departments:
Work closely with engineering, production, and finance to align procurement activities with overall business objectives.
Record Keeping:
Maintaining accurate records of purchases, costs, deliveries, and inventory.
Attend the Daily War Room meeting and be prepared to provide updates on relevant orders. Update the war room board with current purchasing-related data.
Backup for Senior Buyer.
Train new buyers.
Competencies
Communication Skills
Decision Making
Problem Solving
Analytical Skills
Business Acumen
Supplier Relationship Management
Inventory Management
Negotiation
Quality Assurance
Knowledge of Manufacturing Processes
Compliance with Industry regulations and Monogram requirements
Budget Management
This role is required to be on-site 5 days at the Commerce, CA location.
Qualifications
Required Education and Experience
Bachelor’s degree in supply chain management, business, or a similar field.
Minimum of 3-5 years of experience in procurement/purchasing, with a preference for experience in a manufacturing or high-volume assembly environment.
Computer and system skills: proficiency in the Microsoft Office suite is required, and ERP software is preferred.
Communication and Analytical skills: Must have strong written and verbal communication skills and strong analytical skills. Presentation skills preferred.
NAPM or APICS certification is preferred.
Physical Demands
The employee is occasionally required to sit, climb, or balance; and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 35 pounds.
Travel
Travel is primarily local during the business day, although some out-of-the-area and overnight travel may be expected. Travel is approximately 10% of the time.
Compensation
In compliance with all states and cities requiring transparency of pay, the expected pay range for this position is $75,000-$90,000.
Compensation can vary depending on several factors, including a candidate's qualifications, skills, experience, competencies, and geographic location. Some roles may qualify for extra incentives like equity, commissions, or other variable performance-related bonuses. Further details will be provided by our recruiting team during the interview process.
Benefits
Benefit offerings include Medical Insurance and Prescription Drugs, Dental Insurance, Vision Insurance, Flexible Spending Accounts, Life Insurance, Short-Term Disability, Long-Term Disability Insurance (for eligible employees), Employee Assistance Plan (EAP), Paid Time Off (may include vacation and sick time), Retirement Program, and Other Voluntary Benefits.
Click here for more information: www.trimasbenefits.com
Salary : $75,000 - $90,000