Buyer & Planner

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Full-Time Employee - 40 hr/week - 8 Hour Shift P2 Virginia, Staunton, VA, US

3 days ago Requisition

Salary Range: $64,900.00 To $89,670.00 Annually

At Cadence, we exist to improve product performance by developing solutions-oriented, open relationships with our customers and providing highly technical solutions that enable measurable improvements in product performance. Our employees take great satisfaction in fulfilling this mission and in knowing they are improving the state of medical, life science, automotive, and other technologies through our work. Here are some reasons you should consider joining our team:

• This role is perfect for a versatile individual – In this role, you'll have the opportunity to work within the Supply Chain team to meet and exceed operational and financial targets. You will focus on building strong supplier partnerships, monitoring supplier performance, and ensuring continuous material availability.
• You'll be valued
  – At Cadence, we consider our employees to be our most valuable asset. As such, we are committed to providing you with an environment where you will be appreciated, respected, and challenged. Cadence will support APICS/ISM certification and ongoing learning for this role.

Cadence, Inc., is seeking an onsite Buyer & Planner at our Staunton, VA facility
. The purpose of the Buyer & Planner role is to ensure the organization’s supply chain functions smoothly and efficiently by procuring goods and services, including sourcing, negotiating, and acquiring the necessary items to meet the organization’s needs.

Essential Duties and Requirements:

• Negotiate terms and conditions with suppliers, including price, delivery schedules, payment terms, and other contractual terms to ensure favorable agreements for the organization.
• Conduct research to identify potential suppliers, assess market trends, and stay informed about industry developments.
• Generate and manage purchase orders, specifying the details of the products or services being purchased, delivery schedules, and other relevant information.
• Build and maintain positive relationships with suppliers. Communicate regularly to ensure smooth transactions and address any issues that may arise.
• Analyze costs associated with the procurement process, seeking opportunities for cost reduction without compromising quality or service.
• Collaborate with other departments to ensure that the procurement process aligns with the overall supply chain strategy and organizational goals.
• Assess and manage risks related to the supply chain, including potential disruptions, supplier financial stability, and geopolitical factors that may impact the procurement process.
• Work with suppliers to establish and maintain quality standards. Monitor and evaluate supplier performance to ensure compliance with quality requirements.
• Develop and manage contracts with suppliers, outlining the terms and conditions of the relationship, including delivery schedules, payment terms, and performance expectations.
• Ensure that all procurement activities comply with relevant laws, regulations, and organizational policies.
• Collaborate with budgeting teams to ensure that procurement activities align with the organization's financial constraints and objectives.
• Work with other departments to forecast demand for goods and services, ensuring that the procurement process meets the organization's needs.
• Maintain accurate and organized records of procurement activities, including contracts, purchase orders, and communication with suppliers.
• Identify opportunities for process improvement within the procurement function and contribute to the development of best practices.
• Explore and promote supplier diversity initiatives, fostering relationships with suppliers from various backgrounds.
• Collaborate with internal stakeholders, including production, logistics, and finance teams, to ensure a cohesive and efficient procurement process.
• Stay updated on emerging technologies in procurement, such as e-procurement tools and…