Senior Buyer
at ITW Employee Network

Date Posted: 6/22/2019

Job Description

The Senior Buyer actively participates in the company-wide procurement process, which includes strategic sourcing, supplier and contract negotiation, project management, cost management, program compliance and supplier relationship management. Responsible for the procurement of goods and services.  This role involves significant supplier interaction and collaboration with internal stakeholders. This individual will effectively apply ITW Toolbox to the entire procurement and supplier management process.

Job Requirements

Responsibilities/Duties:

  • Identifies and executes company-wide cost savings opportunities which involves managing competitive bids and negotiating with suppliers.  Efforts include but are not limited to: Researching internal stakeholders and supplier operations, Engaging stakeholders to support the opportunity, Developing project management action plans, Creating and distributing a Request for Proposal, Request for Information, Request for Quote, Analyzing suppliers' value propositions and presents results, Negotiating terms and drafting contracts, Planning and assisting with implementation, Delivering progress and financial reports, Overseeing all data and intelligence derived from projects
  • Implement and manage stocking policies/inventory plans for all assigned products via the analysis of historical sales trends including any available promotional data, new product launches and sales funnel activity.
  • Acts as point of contact for suppliers within assigned scope of responsibility and manages day-to-day supplier relationships, including service, delivery, quality, and billing issues
  • Monitors contract compliance with all agreements in assigned categories
  • Maintains item information and pricing within e-procurement platform
  • Identifies and supports projects to streamline the Procurement process
  • Collects and analyzes relevant market information to maintain understanding of operations, cost drivers and market dynamics of services
  • Ensure ERP system is a complete and accurate working platform for purchasing (e.g. BoMs (shared responsibility), Suppliers, Prices, and Lead Times, set desired inventory / re-order levels)
  • Manage relationships with suppliers, set and measure standards of performance
  • Manage total cost of ownership. Benchmark and seek cost reductions and working capital improvements 
     
    Required Experience:
  • At least five (5) years’ experience in purchasing in a manufacturing or R&D environment

  • Strategic sourcing, opportunity analyses, and contract negotiations (purchasing / service agreements) skills

  • Bachelor degree in business or engineering is required

  • Familiar with procurement systems and systems management

  • Ability to plan strategically while supporting daily tactical activities

  • Intermediate to advanced proficiency in Microsoft Office software products (Word, PowerPoint, Excel)

  • Strong Project Management, Business analysis and reporting expertise

  • Customer and supplier relationship building and management skills

  • Leadership, interpersonal skills, and influencing skills

  • Advanced organizational ability, planning and prioritization skills

  • Ability to multitask and adapt to change

  • Strong communication and presentation skills (both verbal and written)

  • Results oriented with creative problem solving capabilities

  • Demonstrated ability to identify business process issues and drive process improvement

  • Open-minded self-starter with the ability to adapt, improvise and problem solve

  • Ability to work independently on multiple tasks and projects with various stakeholders

  • Organizational skills to manage and track transactional details

  • Certification on APICS or CPM or CPSM is a plus

  • Travel: 0-20%


ITW Test & Measurement and Electronics
ITW’s Test & Measurement business provides specialized test and measurement solutions with leading technology to a diverse set of customers operating in highly regulated, demanding environments. Strong brand positions, technological expertise, and market knowledge enable ITW to provide value-added testing and measuring equipment with service and aftermarket capabilities that customers value.
ITW’s Electronics business provides manufacturing and maintenance, repair, and operations (MRO) solutions that serve the semiconductor, industrial, life sciences, and automotive industries among others. Strong brands deliver quality performance and products that improve customers’ accuracy and speed to market.

Job Snapshot

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