Senior Buyer/Analyst
4 weeks ago
Not sure what skills you will need for this opportunity Simply read the full description below to get a complete picture of candidate requirements.
Hours/Shift/Schedule: Monday - Friday, 9 AM - 5 PM
Location: Fully onsite - Ewing, NJ
Pay Rate: up to $44.77 per hour
Job Description: The Sr Buyer / Analyst is responsible for the strategic execution and coordination of materials, procurement activities, and contract manufacturing services for the company. The role involves managing end-to-end procurement processes, including sourcing calendar management, spend analysis, supplier segmentation, and contract negotiations. The Sr Buyer / Analyst will also oversee inventory management, material tracking, and reconciliation activities to ensure alignment with production schedules and organizational goals. The successful candidate will possess a strong understanding of procurement best practices, an analytical mindset, and the ability to manage multiple priorities in a dynamic, fast-paced environment.
Must Haves/Requirements:
3 key skillsets: Project Management- will need to lead and assist in a project
Data Management- help create good data sets for the team, compile data for the team in beneficial ways (analyst style work)
Procurement experience- ability to strategically source
SAP or Power Systems nice to have, but not required
Role Accountabilities and Responsibilities:
Spend Analysis & Supplier Segmentation: Perform comprehensive spend analysis to identify cost-saving opportunities, supplier consolidation, and negotiation leverage. Develop supplier segmentation plans to optimize procurement strategy, focusing on building strong partnerships with key suppliers.
Sourcing Calendar Management: Manage the sourcing calendar to ensure timely procurement of materials and services while aligning with production schedules and business priorities. Collaborate with cross-functional teams to ensure that supplier timelines align with operational needs.
Procurement & Contract Management: Lead the release of purchase orders for raw materials, packaging, and contract manufacturing services. Drive supplier performance evaluations in collaboration with Procurement to address any challenges related to quality, delivery, or compliance.
Supplier Relationship Management: Engage with suppliers to foster long-term partnerships while negotiating favorable terms, ensuring supplier compliance, and mitigating risk. Participate in production calls to ensure seamless communication between contract manufacturers and internal teams.
Inventory Management & Reconciliation: Oversee inventory book-to-book reconciliation processes, ensuring accuracy across contract manufacturers and company’s inventory records. Handle discrepancies, cycle counts, and coordinate annual physicals with contract manufacturers.
Material Tracking & Receipts: Monitor the delivery and successful receipt of materials, ensuring that production can proceed as scheduled. Handle material tracking, tracing, and compliance with receiving reports, including CHEP pallet management.
Continuous Improvement Initiatives: Support continuous improvement programs by identifying opportunities for cost reduction, process automation, and operational efficiencies within the supply chain.
Temporary Project Management (Nulogy Discontinuation): Lead the transition away from Nulogy, managing tasks such as disengaging contract manufacturers from the platform and overseeing the shift back to SRF (Schedule Receipt Form). Provide training to suppliers on new processes and standardize inventory reconciliation during the transition.
Reporting & Analysis: Consolidate and standardize reporting on production attainment, supplier performance, and procurement KPIs. Prepare reports and insights for leadership to drive data-driven decision-making.
Travel: 5% travel expected.
Education and Experience:
BA/BS Degree preferred.
SAP experience is beneficial but not mandatory.
Proficient in MS Excel, PowerPoint, and Power BI, with the ability to perform detailed spend analysis and reporting.
Background in Manufacturing, Planning, Operations, or Purchasing is preferred.
APICS certification is considered an asset.
Skills and Competencies
Strong analytical skills with a focus on spend analysis, supplier segmentation, and procurement optimization.
Ability to prioritize and manage multiple, often changing production schedules and sourcing requirements.
Strong communication skills to collaborate effectively with external suppliers and internal departments, including Contract Manufacturers, Marketing, Plant Controllers, and Operations.
Capable of handling ambiguity and making quick decisions in an action-oriented environment.
Ability to lead cross-functional projects, including the Nulogy discontinuation, and achieve targeted cost savings while maintaining operational continuity.
Required Training
Onboarding and relevant corporate training, such as Code of Conduct and Sexual Harassment Avoidance.
Continuous training on procurement systems, spend analysis tools, and process improvement methodologies.
Benefits:
System One offers eligible employees health and welfare benefits coverage options, including medical, dental, vision, spending accounts, life insurance, voluntary plans, and participation in a 401(k) plan.
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