What are the responsibilities and job description for the Associate Buyer position at Neu Tool & Supply Corp?
Position Overview We are seeking a detail-oriented and motivated Associate Buyer to join our procurement team. This role will primarily be responsible for setting up new items, managing master data, running reports and purchasing a group of commodities. Communication of opportunities, challenges and ensuring that SIOP team is kept up to date on any threats/opportunities to continuity of supply. This is an entry level role, with opportunity for the right person to grow quickly within the organization. Key Responsibilities Purchasing & Sourcing Manage small group of commodities – including demand review, purchasing, optimization of ordering patterns/cadence Work with Senior Buyer to plan, schedule and develop item promotions to support sales and operational needs.Issue purchase orders and ensure timely delivery of goods and services. Proactively follow up on POs that have been issued, ensuring meeting OTIF/other departmental metrics & KPIs. Communication of issues to sales, leadership that will impact customers, timelines or revenue (i.e. an item that is out of stock for a period of time and will disruptions to customers.Monitor market trends and conduct cost analysis to support strategic sourcing decisions.Review of aged inventory, partnering with cross functional teams to understand root cause, disposition and updating key stakeholdersSetting up new suppliers in ERP system (including master data/new item parameters setup in ERP, etc). Reviewing inventory parameters/purchasing master data as needed/requested.Updating other system attributes such as pricing or catalog updatesMaking recommendations about where the organization can buy more effectively (i.e. bulk discounts, different suppliers, etc.)Ensuring that department reporting (i.e. aged inventory, turns, etc) is pulled promptly, correctly and communicated to the team.Supplier Management Develop and maintain strong relationships with key suppliers.Inventory & Logistics Coordination Collaborate with warehouse on any logistic challenges/exceptions, ensuring continuity of supply.Track shipments and resolve delivery issues or discrepancies.Coordinate with logistics providers to ensure efficient transportation and handling.Cross-Functional Collaboration Work closely with sales, operations, and finance to align procurement activities with business needs.Following up with suppliers/warehouse/finance on late, partial purchase orders and invoice discrepancies. Support new products & promotions by sourcing components and materials in alignment with project timelines.Compliance & Reporting Ensure all purchasing activities comply with company policies and regulatory requirements.Prepare reports on procurement metrics (i.e. inventory targets, etc)., cost savings, and supplier performance.Participate in continuous improvement initiatives to enhance procurement processes.Qualifications Associated degree in Supply Chain Management, Business Administration, or related field is strongly preferred.1 years of experience in purchasing, procurement, or supply chain operations.Strong negotiation and analytical skills.Proficiency in Microsoft Excel and ERP systems (e.g., SAP, Oracle, NetSuite, etc).Excellent communication and organizational abilities.Ability to work independently and manage multiple priorities in a fast-paced environment.Preferred Qualifications Experience in manufacturing, industrial, or technical procurement.Bachelor’s degreeFamiliarity with lean manufacturing, strategic sourcing, or supplier development.Professional certifications such as CPSM (Certified Professional in Supply Management) or CIPS (Chartered Institute of Procurement & Supply).
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