Senior Buyer

ABOUT ADVANCED ENERGYAdvanced Energy (Nasdaq: AEIS) is a global leader in the design and manufacturing of highly engineered, precision power conversion, measurement and control solutions for mission-critical applications and processes. AE's power solutions enable customer innovation in complex applications for a wide range of industries including semiconductor equipment, industrial, manufacturing, telecommunications, data center computing and healthcare. Advanced Energy has devoted four decades to perfecting power for its global customers and is headquartered in Denver, Colorado.WHY BE A PART OF ADVANCED ENERGY?Some people say it's like working in the best of two worlds. We operate like an agile, growing, small company - you can see your work make a difference to the company every day. Things move quickly and you can see and feel it. At the same time, we're a global company founded in 1981 and have been publicly traded for more than 28 years. We have a strong cash position, deep trust and partnership with leading customers, a global best-in-class operations capability, and a proven leadership team. We have a track record and resources to make things happen both organically and inorganically. Being part of a nimble company with a solid foundation attracts team members that are capable, driven and like a challenge. Our employees collaborate and know how to have fun inventing, working, building and winning together. At our core, we are Advanced Energy - powering the future, together.POSITION SUMMARY: The NPI (New Product Introduction) Buyer is responsible for determining and fulfilling prototype material requirements from Engineering teams related to New Product Development (NPD). Position is also responsible for maintaining communications internally and externally and to resolve issues which can impact NPD schedules. Duties also include but are not limited to supporting activities relative to supplier selection, management, and rationalization, and making and executing decisions to insure uninterrupted product / material flow for new product introduction.RESPONSIBILITIES: Place, confirm, and ensure on-time delivery of Purchase Orders (POs) to suppliers. Expedite orders with suppliers as needed to meet schedules. Maintain relevant data in AE's ERP system including pricing, lead time, etc. Quickly respond to requests to quote new parts; analyze and evaluate quotations to ensure that quality, schedule, and costs are considered. In some cases, the NPI Buyer will select the appropriate supplier; in other cases, it will be determined for them. Effectively engage suppliers to maintain positive business relationships, monitor capacity, resolve problems, and report status. Monitor and report supplier performance relative to Key Perfromance Indicators (KPIs). Recommend and direct corrective actions. Track and report procurement status for assigned commodities or projects; attend project team meetings as needed. Develop an in-depth knowledge of assigned commodities, suppliers, technologies, manufacturing processes, and related industries, including cost drivers, and / or price indicators to leverage across multiple manufacturing locations, and understand specific supply issues. Assist other buyers as needed for training or overflow requirements. Does not supervise the work of others. Communication of Engineering Change Orders (ECOs) to suppliers; ensure supplier acknowledgement and implementation. May contribute to sourcing or supply base strategies with recommendations based on cost, lead time, quality, or other criteria.

WORK ENVIRONMENT: Works in standard office environment and uses general office equipment (phone, PC, copier, etc.) Travel may be required infrequently, mainly consisting of day trips but could include overnight travel. May be required to work more than 40 hours per week.

QUALIFICATIONS: Organization and negotiation Flexibility to handle changing conditions Self-motivation Analytical skills Effective written and verbal communication, including internally, externally, and cross-culturally Collaboration Problem-Solving

EXPERIENCE: 5+ years of experience working in a procurement and New Product Introduction environment Interprets and coordinates technical, business-related information Demonstrates effective negotiation & persuasion skills Resolves usual problems independently and collaborates on work proceduresInitiates and develops positive business relationships with stakeholders Initiates & drives process improvements, best practices, and performance to KPI's Subject Matter Expert for NPI Purchasing processes, tools, & ERP system transactions, and trains others in these areas Demonstrates advanced capabilities in Microsoft Excel, specifically: generating pivot tables, using the vlookup function, and creating effective charts Provides leadership in Manager's absence Cross-trained to purchase multiple commodities including complex items such as PCBAs

EDUCATION: Four-year degree in Business Management, Supply Chain, or other applicable area of study. Equivalent education and/or experience may be considered.COMPENSATION: As required by Colorado law under the Equal Pay for Equal Work Act, Advanced Energy provides a reasonable range of compensation for roles that may be hired in Colorado. Actual compensation is influenced by an array of factors including, but not limited to, skill set, level of experience, and specific office location. For the hires in the state of Colorado only, the range of starting pay for this role is $75,000 to $95,000 per year. BENEFITS:As part of our total rewards philosophy, we believe in offering and maintaining competitive compensation and benefits programs for our employees to attract and retain a talented, highly engaged workforce. Our compensation programs are focused on equitable, fair pay practices including market-based base pay, an annual pay-for-performance incentive plan, and discounted Employee Stock Purchase Plan. In addition to our competitive compensation practices, we offer a strong benefits package in each of the countries in which we operate. In the U.S., we offer a rich benefits package that includes: Medical - multiple medical plans are available to choose from Short and long-term disability and life insurance Health savings and flexible spending accounts Generous time off policy starting with 3 weeks of paid vacation, 7 days of paid sick time, and 12 paid holidays 8 hours of paid volunteer time off 8 weeks of paid parental leave for both Moms and Dads Company matched 401(k) Tuition reimbursement Expanded mental health coverage and employee assistance programs Other voluntary benefits include critical illness, accident and hospital indemnity, pet insurance, identify theft, and legal assistance

Advanced Energy is committed to diversity in its workforce including Equal Employment Opportunity for Minorities, Females, Protected Veterans, and Individuals with Disabilities. Advanced Energy is also committed to providing reasonable accommodations in our job application process/procedures for qualified individuals with disabilities. If you require assistance in completing an Advanced Energy application, please reach out to [email protected].CO ONLY:Applications will be accepted through 8/31/2024, the company reserves the right to review applications at any point after they are submitted.