Current jobs related to Category Buyer - Elgin - LYMC

Newly Created Position We are seeking a passionate, enthusiastic, and street-smart Category Buyer to work hand-in-hand with our Director of Procurement. One to two years of experience and a willingness to learn on a fast track will get your foot in the door of this $300M super fast growing and very financially successful consumer products company. Your responsibilities will include:

Strategic Sourcing:

• Research, identify, develop & with Product Management qualify suppliers, technologies and finished goods. Monitor market fundamentals for opportunities to leverage changing conditions.
• Communicate, coordinate, implement and enforce category strategies
• Competitively bid assigned categories using RFP/RFQ process.
• Negotiate and contract with suppliers achieving optimal commercial terms

Supplier Relationship Management:

• Scorecard development with relevant KPIs, quarterly business reviews, benchmarking, and market condition updates.
• Develop plans to achieve year over year cost reductions
• Lead process/cost improvement initiatives
• Escalation point to resolve issues related to material quality, price, service and delivery
• Responsible for overseeing supplier transitions

Category Management:

• Develop Annual category plan – demand analysis/forecast, sku segmentation and optimal buying/inventory policies, industry/market analysis, supply landscape, supplier segmentation and contingency planning.
• Continuous improvement –actively identify improvement opportunities

Supply Risk Management:

• Utilize category strategy, risk management tools while actively monitoring market and historical information to support buying decisions.
• Leverage supplier intelligence, monitor market fundamentals & technical analysis to adjust or renew pricing and present/future availability.
• Continually lead efforts to find and qualify secondary sources of supply

Orders, Forecasts and Deliveries:

• Develops forecast and sends to supplier annually, quarterly and/or monthly
• Monitors production schedules, forecasts, inventories, and related information and adjusts as needed
• Regularly updates release orders for price, delivery appointments, have ready dates, quantities, etc.
• Regularly reviews availability of finished goods and determines the needs to adjust (if possible) based on demand
• Monitors and follows up on overdue finished goods to ensure uninterrupted supply
• Proactively investigates, notifies, and assists in resolving problems resulting from shortages. 

The position is open immediately so do not wait to get an interview. A very competitive compensation package and great family health benefits are offered, along with a warm and welcoming culture. Please submit your resume TODAY