Senior Sourcing Specialist

This is Where Tradition Becomes Legend 

Ritchie Engineering Co., Inc. is a family-owned company that has been innovating HVAC & Refrigeration tools and test equipment for more than 75 years. From idea conception through development, production, and shipment; every team member plays a crucial role ensuring the quality, reliability, and efficiency of these American-made products.

What We Offer:

 Join our team and enjoy a comprehensive benefits package designed to support you and your loved ones:

Benefits 

• 401(k) Retirement Plan: 100% company match with no vesting schedule on up to 4% of your contributions
• Health Insurance: Two Medical Plans that include telemedicine options for 24/7 access to healthcare professionals for you and your family, Dental, Vision and Flexible Spending Account options to suit your needs
• Company Paid Insurance: Long-term disability, accidental death and dismemberment, and life insurance at no additional cost
• Paid Time Off (PTO): We value work life balance and offer a generous PTO plan for exempt employees. You will start with 52 hours during the first 6 months, with accrual increasing to 160 hours annually after 6 months. The accrual rate will continue to increase with tenure up to 202 hours annually after 20 years of service.
• Holiday Pay: In addition to PTO, all employees receive up to 80 hours of paid holidays annually
• Referral program: Earn rewards for helping the team grow

Compensation

• As you evaluate your career options, we recognize that salary is a key consideration. For this role, the pay range is $60,000 - 100,000, with individual compensation determined by your unique skills, experience level, and other relevant factors

Schedule: 

• Enjoy a 4-day work week, 10-hours a day (Monday–Thursday Between 6:00am and 6:00pm). 
  • Additional hours may be required during busier times

What You Will be Doing:

The Buyer role is responsible for the purchasing of new and existing parts based on demand in company ERP (Enterprise Resource Planning) system, including assisting in supplier selection, supplier evaluation, and providing recommendations on changes in both process and partners to Supply Chain Manager. This role works extensively in an ERP environment and the ability to operate in such an environment in crucial.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

• Procures parts from domestic and international suppliers based on ERP-driven demand, lead times, history, product life cycle 
• Requests and updates supplier pricing, lead time, terms, and schedules to ensure optimal cost and availability
• Expedites or de-expedites orders to align with demand fluctuations
• Negotiates pricing, terms, and schedule changes with suppliers
• Communicate changes with suppliers to assure part delivery and availability
• Plans purchases to optimize inventory levels while considering warehouse space, shelf-life, and total landed costs
• Supports new product development with procurement activities including source selection and participation in interdepartmental meetings
• Evaluates and onboards alternate suppliers for existing products
• Conducts supplier visits, documents transactions, and resolves issues
• Tracks incoming orders using freight forwarder software
• Maintains supplier scorecards and provides quarterly reports to suppliers and management
• Records and maintains order documentation for compliance and supplier evaluation
• Other duties as assigned including training others on known processes

What You Will Bring:

Required:

• Two years of experience in domestic and international purchasing in an ERP/MRP environment
• Strong written and verbal communication skills, including with non-native English speakers
• Experience working in ERP systems for procurement
• Ability to perform mathematical calculations (discounts, interest, proportions, percentages)
• Team-oriented mindset with cross-departmental collaboration skills and excellent problem-solving abilities
• Highly self-motivated with the ability to multitask in a fast-paced environment
• Detail oriented and strong organizational skills for proper record retention

Preferred:

• Five years of experience in domestic and international purchasing in an ERP/MRP environment
• ACSM or APICS Certification
• Bachelor’s degree in supply chain management, operations management, logistics, or similar field
• Desire to learn and grow within the profession

Where and How You Will Work

On-site Engagement and Collaboration:

This role works on-site in Bloomington, MN, where your direct contributions will make a real impact. Being in person will allow you to collaborate closely with others, build meaningful relationships, and play a key role in our company success. 

Physical Requirements:

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. 

• Required to sit, stand, walk, handle or feel objects, tools and controls
• Vision required to inspect products and documents in detail
• Occasionally required to reach with hands and arms, and to stoop, kneel, or crouch
• Must regularly lift and/or move up to 10 pounds; some workstations require lifting and/or moving up to 60 pounds

Work Environment:

The performance of this position may occasionally require exposure to the manufacturing areas where certain areas require the use of personal protective equipment, may work near moving equipment, and exposed to dust, odors, oil, fumes, and noise.