What are the responsibilities and job description for the Buyer position at Precision Castparts?
Summary
The Buyer is responsible for purchasing plant commodity items, services and capital equipment. The Buyer is part of a Purchasing Team that has the responsibility to coordinate and consolidate TIMET’s purchasing power across multiple facilities. This position will ensure that procurement of all supplies, equipment, materials and services are provided in the most cost-effective, internal customer-compliant, and ethical manner. At the same time purchases/contracts must be made in accordance to corporate policy and compliant with ISO quality standards and the Sarbanes Oxley Act (SOX).
Essential Functions
Check requisitions for completeness and clarity. Obtain necessary missing information where required. Diplomatically instruct requisitioners or specifiers on what data is necessary to obtain good product.
Initiates request for quotations; recommends and takes appropriate action.
Compiles and analyzes statistical data to evaluate price/cost conditions. Partners with end user to determine recommendations and negotiates for cost improvements. Performs analysis of supplier operations to determine capability to meet plant objectives if applicable.
Develops and implements strategies to optimize supply chain performance, recognizing total cost implications.
Initiates and coordinates purchase contract negotiations with officers and representatives of supplier and company end users.
Negotiate payment terms with suppliers that support corporate cash flow goals
Support global, national and regional supply agreements by leading, participating and implementing national/global agreement(s) when directed by management.
Maintains records and documentation to assure compliance with corporate policy and procedure.
Resolves discrepancies that arise such as discrepant pricing, warranty claims, failure to comply with specifications, over shipments, negotiate return items no longer needed by the plant, etc.
Keeps management informed about any business development that might affect the company and makes recommendations regarding those developments.
Work with the management team to ensure that all deliveries satisfy the assigned purchase orders and report any back-ordered or missing products
Work with receiving personnel on problems and questions on items being received; notify vendors on problems and handle solution.
Visit potential vendor facilities to inspect warehouses, materials, and computer setups in an effort to evaluate as potential suppliers
Additional Responsibilities
Monitor Top Suppliers and keep track of cost savings
Assign SCAR (supplier corrective action report) to Critical Suppliers
Act within TIMET’s standard code of ethics
Keep the Senior Buyer informed of all activities or problems and submit reports as requested by management
Additional Duties as assigned
Qualifications
Competencies
Be independent minded team facilitator that can manage TIMET’s suppliers but gains their trust and insight to lower cost or improve productivity.
Education and Experience
Bachelor’s degree from four-year college or university majoring in Engineering, Logistics, or Purchasing and three years related job experience.
Most have manufacturing/warehousing background with 5 years minimum experience
Special Skills
Must be a self-motivated individual who can manage and complete a wide array of daily purchases and manage projects on time meeting expectations on cost savings, inventory reduction and or product improvement.
Can be part of a professional buying team that coordinates purchases.
Understands purchasing concepts, legal terms and cost concepts as how they relate to total company performance. Understanding of purchasing law, Uniform Commercial Code, and terms and conditions.
Good written and oral communication skills.
Ability to work under minimum supervision.
Willingness to work toward professional development as need arises.
Ability to maintain composure in high stress situations with suppliers, peers, and customers.
Ability to work extended hours as need arises
Experienced negotiator that can help reduce our overall costs and work on or assist on capital projects.
Works within TIMET’s Corporate Policies, ISO & Quality Procedures and SOX Compliant.
Must be proficient user of Microsoft Office and working knowledge of SAP or another ERP system.
Additional Notes
Proof of US citizenship, nationality, and/or permanent resident status in order to comply with all applicable export and import laws and regulations.
Physical Dimensions
Physical Demands – The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to talk or hear; regularly required to stand, walk or sit; regularly required to use hands to finger, handle or feel and reach with hands and arms.
The employee is regularly required to stoop, kneel, crouch or crawl.
The employee must occasionally lift and or move up to 10 pounds.
Specific vision abilities required by this job include close vision / distance vision / color vision / peripheral vision / depth perception
Work Environment – The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Employee work under typical office conditions, and the noise level is low.
In certain assignments, employee may occasionally work near moving equipment, be exposed to toxic or caustic chemicals, airborne fumes, outdoor weather conditions, and loud, prolonged noise
The Buyer is responsible for purchasing plant commodity items, services and capital equipment. The Buyer is part of a Purchasing Team that has the responsibility to coordinate and consolidate TIMET’s purchasing power across multiple facilities. This position will ensure that procurement of all supplies, equipment, materials and services are provided in the most cost-effective, internal customer-compliant, and ethical manner. At the same time purchases/contracts must be made in accordance to corporate policy and compliant with ISO quality standards and the Sarbanes Oxley Act (SOX).
Essential Functions
Check requisitions for completeness and clarity. Obtain necessary missing information where required. Diplomatically instruct requisitioners or specifiers on what data is necessary to obtain good product.
Initiates request for quotations; recommends and takes appropriate action.
Compiles and analyzes statistical data to evaluate price/cost conditions. Partners with end user to determine recommendations and negotiates for cost improvements. Performs analysis of supplier operations to determine capability to meet plant objectives if applicable.
Develops and implements strategies to optimize supply chain performance, recognizing total cost implications.
Initiates and coordinates purchase contract negotiations with officers and representatives of supplier and company end users.
Negotiate payment terms with suppliers that support corporate cash flow goals
Support global, national and regional supply agreements by leading, participating and implementing national/global agreement(s) when directed by management.
Maintains records and documentation to assure compliance with corporate policy and procedure.
Resolves discrepancies that arise such as discrepant pricing, warranty claims, failure to comply with specifications, over shipments, negotiate return items no longer needed by the plant, etc.
Keeps management informed about any business development that might affect the company and makes recommendations regarding those developments.
Work with the management team to ensure that all deliveries satisfy the assigned purchase orders and report any back-ordered or missing products
Work with receiving personnel on problems and questions on items being received; notify vendors on problems and handle solution.
Visit potential vendor facilities to inspect warehouses, materials, and computer setups in an effort to evaluate as potential suppliers
Additional Responsibilities
Monitor Top Suppliers and keep track of cost savings
Assign SCAR (supplier corrective action report) to Critical Suppliers
Act within TIMET’s standard code of ethics
Keep the Senior Buyer informed of all activities or problems and submit reports as requested by management
Additional Duties as assigned
Qualifications
Competencies
Be independent minded team facilitator that can manage TIMET’s suppliers but gains their trust and insight to lower cost or improve productivity.
Education and Experience
Bachelor’s degree from four-year college or university majoring in Engineering, Logistics, or Purchasing and three years related job experience.
Most have manufacturing/warehousing background with 5 years minimum experience
Special Skills
Must be a self-motivated individual who can manage and complete a wide array of daily purchases and manage projects on time meeting expectations on cost savings, inventory reduction and or product improvement.
Can be part of a professional buying team that coordinates purchases.
Understands purchasing concepts, legal terms and cost concepts as how they relate to total company performance. Understanding of purchasing law, Uniform Commercial Code, and terms and conditions.
Good written and oral communication skills.
Ability to work under minimum supervision.
Willingness to work toward professional development as need arises.
Ability to maintain composure in high stress situations with suppliers, peers, and customers.
Ability to work extended hours as need arises
Experienced negotiator that can help reduce our overall costs and work on or assist on capital projects.
Works within TIMET’s Corporate Policies, ISO & Quality Procedures and SOX Compliant.
Must be proficient user of Microsoft Office and working knowledge of SAP or another ERP system.
Additional Notes
Proof of US citizenship, nationality, and/or permanent resident status in order to comply with all applicable export and import laws and regulations.
Physical Dimensions
Physical Demands – The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to talk or hear; regularly required to stand, walk or sit; regularly required to use hands to finger, handle or feel and reach with hands and arms.
The employee is regularly required to stoop, kneel, crouch or crawl.
The employee must occasionally lift and or move up to 10 pounds.
Specific vision abilities required by this job include close vision / distance vision / color vision / peripheral vision / depth perception
Work Environment – The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Employee work under typical office conditions, and the noise level is low.
In certain assignments, employee may occasionally work near moving equipment, be exposed to toxic or caustic chemicals, airborne fumes, outdoor weather conditions, and loud, prolonged noise