Enterprise Procurement Buyer
Enterprise Procurement Buyer
In enterprise procurement, a buyer's role encompasses sourcing, purchasing, and negotiating the best deals for goods and services, while also ensuring compliance and maintaining relationships with suppliers. Key responsibilities include identifying and evaluating suppliers, negotiating contracts, monitoring inventory levels, and managing budgets.
Key Responsibilities of an Enterprise Procurement Buyer:
- Supplier Sourcing and Evaluation:
Identifying and researching potential suppliers, assessing their capabilities, and evaluating their offerings to ensure they meet the organization's needs.
- Negotiation and Contract Management:
Negotiating terms, prices, and contracts with suppliers to secure the best deals and terms.
- Purchase Order Management:
Ensuring purchase orders are placed correctly, tracking their progress, and following up on delivery schedules.
- Inventory Management:
Monitoring stock levels to prevent shortages or overstocking, ensuring adequate supplies are available while minimizing holding costs.
- Budget Management:
Working within the estimated budget to maximize value and minimize costs.
- Compliance and Ethical Standards:
Ensuring all procurement activities adhere to company policies, legal requirements, and ethical standards.
- Supplier Relationship Management:
Building and maintaining strong relationships with key suppliers to foster collaboration and improve long-term performance.
- Market Research and Analysis:
Staying up to date on market trends, competitor supplier pricing, and new technologies to make informed purchasing decisions.
- Collaboration and Communication:
Working with internal stakeholders, including project teams, finance, and operations, to understand their needs and align procurement strategies.
- Performance Monitoring and Improvement:
Tracking key procurement metrics, identifying areas for improvement, and implementing cost-saving initiatives.
Additional Responsibilities:
- Data Analysis and Forecasting:
Analyzing purchasing data to forecast future demand and make informed purchasing decisions.
- Continuous Improvement:
Proposing and implementing process improvements to enhance efficiency and reduce costs.
- Compliance with Company Policies:
Adhering to company policies and procedures related to procurement.
- Risk Management:
Identifying and mitigating potential risks related to supplier performance, supply chain disruptions, and market fluctuations
Job Type: Full-time
Pay: $85,000.00 - $95,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Evening shift
- Monday to Friday
- Night shift
Education:
- Bachelor's (Required)
Experience:
- Procurement: 5 years (Required)
Ability to Commute:
- Clifton, NJ 07014 (Required)
Ability to Relocate:
- Clifton, NJ 07014: Relocate before starting work (Required)
Willingness to travel:
- 25% (Required)
Work Location: In person
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