Senior Buyer
2 weeks ago
Dover Precision Components, part of Dover Corporation, is hiring a Senior Buyer for our Cook Compression brand, located at our Jeffersonville, Indiana ISO 9001 certified manufacturing facility. We deliver critical performance solutions for rotating and reciprocating machinery across several markets, including oil & gas. We offer competitive pay and benefits while being part of a stable and innovative company
WHAT YOU'LL DO
In this role, you will ensure the continuous supply of assigned components to support customer service goals, minimize the total landed cost of material and optimize company's cash flow. The Senior Buyer:
- Assesses key business needs by evaluating and executing MRP requirements and Kanban levels for commodities. Developes and executes a sourcing strategy to deliver optimal costs.
- Prepares and presents recommendations for improvement opportunities and alternative courses of action to supply chain/value stream leaders.
- Issues requests for quotations, analyzes and evaluates quotes, negotiates price, terms and conditions, and exercises independent judgement.
- Proactively identifies and takes appropriate corrective actions to prevent material shortages. Expedites materials as required and provides accurate material status information to other departments and site management.
- Objectively measures and communicates supplier performance to support supply chain continuous improvement efforts. Interfaces with Suppliers, Quality, Strategic Sourcing, and Engineering to quickly resolve quality, delivery or cost issues.
- Drives increased inventory turns, reduced cycle times, and improved Customer OTD by developing, implementing and managing pull-based material replenishmentprocesses, including, but not limited to Kanban cards, vendor managed inventory and supplier consignments.
- Collaborates on efforts such as price benchmarking, vendor management, process analysis, market and industry research, contract negotiations, and model building.
- Inputs, maintains, and adjusts records or transactions to ensure system validity.Manages loading and retrieving legal and compliance documents into applicable storage systems.
- Works closely with the Value Stream, Commodity Management, Manufacturing, and Engineering teams to proactively identify, prioritize and complete resourcing and supplier development projects.Provides effective support to new product introduction teams, proposal development and subcontracting opportunities as they develop.
- Ensures quick resolution of shipping discrepancies, receiving errors, and invoice errors. Coordinates adjustments to ship dates or quantities on open purchase orders as necessary.
- Works to eliminate SLOB excess and obsolete parts and rationalize similar parts.
- Engenders a spirit of cooperation throughout the supply chain to ensure responsiveness to the customer.
WHAT YOU'LL BRING
- Bachelor's degree in supply chain, business, or technical field. Extensive experience in purchasing/planning can be substituted in lieu of 4-year degree.
- 5+ years' experience in related buyer or supply chain role within a manufacturing environment.
- End to end Supply Chain knowledge.
- Proven track record of developing cost saving initiatives.
- Knowledge of supplier and component qualification processes.
- Knowledge of supplier performance management practices, including supplier scorecards and performance metrics.
- Excellent analytical, problem solving/decision making skills; ability to make timely, effective, fact-based decisions.
- Computer skills in scheduling software, ERP systems (Syteline preferred), and Microsoft office suite, including Word, Excel, Access, MS project.
- Strong interpersonal skills and demonstrated ability to perform and produce results in multifunctional teams in a dynamic work environment.
ALSO GREAT IF YOU BRING/ PREFERENCES
- APICS, CPIM, CSCP, Lean Manufacturing and/or Six-Sigma Green Belt certifications.
- Experience in Lean, such as implementing lean concepts (Value Stream Mapping, Kaizen Leadership, 5S).Prior experience implementing and managing a Kanban or pull system approach to component flow.
- Experience working with suppliers from low-cost regions (examples: India, China, Eastern Europe).
- Experience in similar industry (engineered to order rotating equipment components).
- Experience in these commodities: PEEK, PTFE, and fasteners.
DOVER PRECISION COMPONENTS
Dover Precision Components (DPC) is part of Dover Corporation's (Parent Company) Pumps and Process solutions segment. DPC holds market leading positions globally and delivers performance-critical solutions across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We design and manufacture mission-critical equipment components to deliver more affordable, cleaner energy solutions and enable manufacturers to operate more efficiently.
WE DELIVER CUSTOMER SUCCESS
Dover PrecisionComponents delivers products and services that enhance performance, improve safety, reduce carbon emissions,and accelerate clean energy adoption, through collaborative Customer relationships, expert engineering, and an innovative culture. Our strong Company portfolio is comprised of long products and services offered by Cook Compression, Cook Mechanical Field Services, Waukesha Bearings, Waukesha Magnetic Bearings, Inpro/Seal, Bearings Plus, and FW Murphy Production Controls. Our global footprint reaches more than twelve locations in the Americas and more than six locations in Europe and China.
BUILDING POTENTIAL. SUSTAINING PERFORMANCE. BOOSTING FUTURES.
We are diligent in recognizing our employees' needs and providing an enriching experience through professional developmental opportunities. Our authentic, collaborative company culture, combined with a competitive suite of health and welfare offerings, emulates who we are.
Work Arrangement: Onsite - Jeffersonville Indiana
Bonus Eligible: This position is eligible to earn a discretionary bonus based on performance metrics and other criteria outlined in our applicable bonus plan.
We consider several job-related, non-discriminatory factors when determining the pay rate for a position, including, but not limited to, the position's responsibilities, a candidate's work experience, a candidate's education/training, the position's location, and the key skills needed for the position. Pay is one of the Total Rewards that we provide to compensate and recognize employees for their work.
Benefits: Our total rewards package for eligible team members also includes: a 401(k) savings plan with employer contributions; medical, dental and vision insurance; wellness programs; health savings account, health care and dependent care flexible spending accounts; company paid short-term disability and long-term disability; company paid employee basic life and AD&D insurance; supplemental employee and dependent life insurance; optional accident, hospital indemnity and critical illness insurance; adoption, surrogacy, and fertility benefits and assistance; commuter benefits; parental, military, jury duty, and bereavement leaves of absence; paid time off; tuition assistance; business travel services; employee discounts; and an employee assistance program that includes company paid counseling sessions and legal services. Eligibility for benefits is governed by applicable plan documents and policies.
All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.
Attention Applicants: If you are an individual with a disability and require reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contacthr@doverprecision.comfor assistance with an accommodation. Kindly specify Job Requisition Number / Job Title and Location in response.
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