Senior Buyer- Global Steel
3 weeks ago
LHH Recruitment Solutions is hiring a Senior Buyer – Global Steel Market for a growing client in Mahoning County, OH. If you have been responsible for sourcing and purchasing steel products, specifically hot rolled, galvanized, and stainless steel with a sheet metal coil focus for 7 plus years…. Read on
Responsibilities:
- Develop and maintain a portfolio of suppliers and ensure a steady and competitive supply chain.
- Negotiate prices, payment terms, and contract conditions with suppliers.
- Monitor market trends, including price fluctuations and demand/supply shifts, to make informed purchasing decisions.
- Plan material procurement to optimize stock levels, reduce holding costs, and prevent stockouts, while ensuring product quality and availability.
- Manage supplier performance and address areas of concern.
- Assist with new vendor qualification process.
- Build strong relationships with key steel distributors/service centers and suppliers of tooling.
- Routinely follow up with suppliers to assure they are on track to deliver products in accordance with the schedule.
- Regularly review supplier performance to ensure consistent quality, delivery, and pricing.
- Establish long-term agreements with preferred suppliers for better cost savings and continuity.
- Stay up to date with industry trends, global economic conditions, and trade regulations that impact the steel market.
- Prepare regular market analysis reports to inform senior management of purchasing strategies.
- Use data to forecast steel prices and demand and adjust buying strategies accordingly.
Qualifications:
- Bachelor's degree in purchasing, business, metallurgy, or a related field.
- A minimum of 7 years of procurement/materials management experience in a manufacturing environment for the steel-related industry.
- In-depth knowledge of steel procurement processes and understanding of key price drivers.
- Excellent negotiation and communication skills for managing supplier and client relationships.
- Travel up to 25%
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