Sr. Buyer

Reports To: Chris Merkle, Supply Chain Manager

Job Summary: Remtec is seeking an experienced Senior Buyer to manage, grow and diversify the procurement of materials and services essential for our manufacturing operations. The ideal candidate will have a strategic mindset, a strong background in the semiconductor and/or electronics industry, excellent negotiation skills, and is comfortable utilizing for all procurement and data driven decisions.

Key Responsibilities:

• Develop and document procurement processes and strategies for materials and services, consistent with ISO and AS9100 requirements, to support manufacturing operations, inclusive of:
• Purchasing functions.
• Selecting suppliers.
• Competitively negotiate contracts.
• Identifying and mitigating risks.
• New supplier sourcing and qualifications.
• Demand forecasting of inventory items and outside services.
• Provide supplier and marketplace experience to grow and manage our supplier base.
• Stay informed about supplier capabilities, and emerging technologies.
• Hands-on Identification and qualification of potential suppliers, negotiate contracts, and establish long-term partnerships.
• Ensure supply base compliance with company policies and industry regulations.
• Identify opportunities for risk mitigation with suppliers.
• Structure cost savings and beneficial payment terms with suppliers.
• Monitor market trends to identify opportunities for cost savings and supply chain optimization.
• Collaborate with cross-functional teams, including engineering, production, and quality assurance, to align procurement activities with company goals.
• Proactively Interface with Engineering as obsolescence and lead time issues are uncovered
• Facilitate with MRP processes via Epicor ERP.
• Monitor inventory levels and place orders to replenish stocks as needed while avoiding excess or insufficient inventory.
• Work with the Finance dept. as need to reconcile invoices.
• Work with Quality dept. to resolve all supplier quality issues.
• Contribute to NPI projects to ensure product specifications are met, ensure that supplier requirements are clear and documented.
• Ensure that customer requirements flow down to suppliers where appropriate and confirm supplier documentation accordingly.
• Manage and support all functions of the procurement team, providing guidance, training, and performance evaluations.
• Lead and mentor a small team of procurement professionals and develop opportunities to enhance team performance.
• Oversee RFQ activities, analyzes quotations against specifications and selects suppliers with the proper capabilities to support goods and services.
• Maintain comprehensive records of all purchasing activities, including procurement requests, purchase orders, and spending analysis.
• Monitor PO status starting with internal approvals, through vendor acknowledgement and final delivery.
• Ensure adherence to purchasing policies and procedures.
• Negotiate annual price reductions and improved payment terms.
• Monitor and manage procurement budgets and expenditures.
• Assist in the procurement of materials and services required for production.
• Process purchase requisitions, maintain accurate records, and create purchase orders.
• Analyze procurement data, prepare reports, and present KPI's to senior management, inclusive of:
• Procurement activities.
• Cost reductions and lead time savings.
• Supplier on-time performance metrics and scorecards.
• All other duties as assigned.

Qualifications:

• Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field.
• Minimum of 6 years of experience in procurement, preferably in the semiconductor and/or electronics industry.
• Strong negotiation, communication, and interpersonal skills.
• Proven ability to develop and execute procurement strategies.
• Advanced proficiency with ERP procurement tools and Microsoft Office Suite.
• Excellent analytical and problem-solving abilities.
• Ability to work independently, collaborate as part of a team, and provide leadership to others.

Preferred Qualifications:

• Master's degree in a related field.
• Professional supply chain certification (e.g., CPSM, CPIM).
• Experience with Epicor ERP.