Strategic Buyer - Ferretti Search

Job Description:

We are looking for a Strategic Buyer to join our team. The role involves sourcing and buying materials and products at the best prices and quality, reducing lead times, and ensuring supplier performance. You will negotiate contracts, track supplier performance, and support business growth by finding new suppliers.

Key Responsibilities:

• Sourcing and Purchasing: Find and purchase materials and products from the best sources to meet cost, quality, and lead time goals.
• Competitive Bidding: Solicit bids from suppliers to get the best prices and delivery terms.
• Negotiation: Review proposals, negotiate terms, and issue purchase agreements.
• Contracts: Negotiate and implement contracts and long-term agreements with suppliers.
• Performance Tracking: Track and report on cost savings, lead time reductions, and quality improvements using supplier scorecards.
• Expedited Requests: Respond to urgent requests for quotes or deliveries to meet customer needs.
• Cash Flow: Negotiate better payment terms with suppliers to improve cash flow.
• Cost Models: Create cost models to challenge suppliers' pricing.
• Risk Management: Assess supplier risk and develop strategies to minimize it.
• Support Growth: Source new components for business growth initiatives.
• Special Projects: Participate in and support special projects as needed.

Education and Certifications:

• Bachelor’s degree in Business Management, Supply Chain, Procurement, or a related field.
• MBA is a plus.
• Certifications like CPM (Certified Purchasing Manager) and/or APICS (Association for Supply Chain Management) are a plus.

Work Experience:

• 3-5+ years of experience in purchasing, sourcing, or logistics.
• Experience in developing global supply chain strategies.
• Experience in creating sourcing strategies for different categories or commodities.

Skills and Attributes:

• Knowledge of supply chain and procurement best practices.
• Results-oriented with the ability to execute and follow through.
• Ability to handle multiple tasks in a dynamic environment.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).
• Strong project management, problem-solving, and time management skills.
• Detail-oriented, organized, and accurate.
• Understanding of MRP or ERP systems (e.g., SAP, JDE, EPICOR).
• Excellent communication and negotiation skills.
• Ability to work independently and meet deadlines.

Preferred Qualifications:

• Experience in continuous improvement and lean process development.
• Green Belt training or equivalent is preferred.
• Leadership and teamwork skills, with the ability to drive change and conduct supplier workshops.

Ferretti Search is an award-winning Recruitment Firm specializing in Executive Recruiting and Staffing. Our product is people. Ferretti Search has a dedicated team of executive recruiters ready to help our clients find employment solutions that benefit them as well as match our candidates with a company that meets their job preferences and career goals. At Ferretti Search, we believe in transparency throughout the entire process in order to serve our clients and candidates better. We take pride and value our relationship with our clients and candidates.