Purchasing - Strategic Buyer

Strategic Buyer

Signicast is the industry's leading investment casting manufacturer. Through the hard work and dedication of our employees, we satisfy our customer's needs by safely delivering a quality product on-time, at a competitive price. Working at Signicast means becoming part of a world-class company. With industry-leading Total Rewards package and the potential to grow your career with us. Signicast doesn't just invest in you— we help you invest in a future!

Under the direction of the Purchasing Manager, the Strategic Buyer is responsible for purchasing and negotiating services, materials and supplies from vendors. Evaluates vendor performance, capabilities, pricing and services to determine most desirable suppliers. Has knowledge of commonly-used concepts, practices, and procedures within the field. Relies on instructions and pre-established guidelines to perform the functions of the job.

This list of duties and responsibilities is not all-inclusive and may be expanded from time to time to include other duties and responsibilities, as management may deem necessary.

• Comply with all safety and health guidelines, quality standard practices/procedures and housekeeping standards.
• Develop and implement sourcing strategies and communication plan.
• Analyze and optimize the process related to the spend category through the right choice of procurement tools
• Ensure alignment between business strategy and sourcing strategy
• Set objectives to be achieved through the sourcing strategy and monitor achievement.
• Drive negotiation strategy from category positioning and negotiate to achieve the objectives defined in alignment with the business
• Manage suppliers and ensure that all the key suppliers within the spend category.
• Ensure the agreed service levels are adhered to.
• Collaborate with engineering on new product development activities to support projects, align design with our strategic supply base, and deliver products on time and at or below cost targets.
• Evaluate current spend and supplier data and identify improvement opportunities and new idea projects.
• Support of manufacturing site requirements, leveraging spend across locations to identify and implement sourcing and process improvements to strengthen and accelerate supply chain initiatives.
• Project and/or Program Manager activities, leading projects to meet objectives and drive operational results.
• Assess and adjust supply base capability and capacity to minimize potential supply disruptions.
• Develop, measure, and manage key supplier performance metrics.
• Evaluate existing vendor base, to establish current state. Once established, define future state / "best in class" supply chain / supplier design requirements.
• Interface with decentralized procurement teams to establish "local" manufacturing site inputs / requirements are aligned with center led strategy.
• Categorize, and define supplier spend to manage risk, and liability.
• Design, lead, negotiate, and implement multiyear contracts (as applicable)
• Maximize "year over year" working capital improvements.
• Design and lead vendor transitions (Outsourcing, Insourcing, Vendor to Vendor)
• Prioritize highest level of quality, and continuity of supply for location / category
• Support cross-functional efforts to reduce costs, standardize components
• Critical to ensure strong, value-adding relationships with suppliers, internal customers, and cross-functional departments
• Supervisory Responsibilities – None.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed 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.

Requires a bachelor's degree in Business, Supply Chain or Operations Management from a four-year college or university and seven to nine years' experience in commodity management or strategic sourcing role.

Must be able to effectively communicate with other employees to share…