Senior Buyer - MNC Manufacturing (Basic + Fix bonus + Allowance) (ID: 669728)

Job Summary
Responsible for optimizing the overall cost of materials, develop supply base and Supply Chain strategies, negotiate pricing, terms and agreements for materials that are strategic or specific to the Business Unit. Supervisory responsibility for Purchasing staff within the workcell.

Essential Duties and Responsibilities
• Analyze and project component purchase prices that accurately reflect the inventory value for a financial period in Standard Costing process.
• Assist hiring manager by participating in recruiting and hiring activities.
• Ensure that workcell Purchasing staff is given proper training, tools and resources to execute their job functions. Develop and facilitate workcell specific training.
• Optimizes overall cost of materials.
• Support, execute and provide inputs to improve company initiatives and strategies.
• Improve sourcing options by working with company's internal resources and customers to add preferred and or strategic suppliers to the customer's Approved Manufacturer's List (AML).
• Analyze and project component purchase prices that accurately reflect the inventory value for a financial
period in Standard Costing process.
• Provide input to determine Quoted cost to the customer that is competitive yet maximises the amount of
Materials Price Variance (MPV).
• Continuously optimize MPV by reducing the cost of materials and by limiting unfavorable PPV/MPV. Work
with BUM to obtain customers' authorization for additional expenses such as premiums on materials or freight and tooling charges incurred on customer's behalf.
• Monitor, track and provide feedback on suppliers' performance on overall cost, delivery and quality.
• Manage materials that are Business Unit specific and/or strategic.
• Understand suppliers, their capabilities, market trend and technologies for assigned commodities.
• Communicate expectations to the suppliers. Conduct supplier audit/visits, certifications and
performance reviews to develop and continuously improve supply base.
• Develop Supply Chain strategies that are unique to customer or to Business Unit strategic materials. Understand customers' business requirements and work with Purchasing Manager and SCM to determine the best approach to meet the customer needs. 
• Work with Materials Quote Analysts to quote new and existing materials. Frequently re-quote and negotiate to capitalize on cost reduction opportunities. Select suppliers based on overall cost and benefit including price, duty, freight, flexibility, service, performance, quality and terms and conditions.
• Negotiate terms and conditions that protect the best interest of company and its customers. Negotiate liability terms, special stocking arrangements, and other agreements that are outside of standard company terms and conditions.
• May perform other duties and responsibilities as assigned.

Education & Experience Requirements
• Bachelor's degree in Materials Management, Business Administration or an equivalent.
• 5 years experience in a similar capacity in a high volume manufacturing environment.
• Certification by related professional organization (such as APICS and NAPM).
• Demonstrated supervisory skills.
• Or an equivalent combination of education, training or experience