Strategic Buyer

JOB TITLE:    Strategic Buyer

Location:        Mississauga

Salary Range:   $85,000 to $110,000 

Reason for Opening: Replacement  

Why you should come work with the Romet Team:

• We offer market competitive salaries


• Annual bonus plan


• 100% company paid benefits


• Group retirement plan


• Training opportunities


• Social events, a great team and more!

ROMET Limited was founded in 1972.  Today, Romet is an international market leader that provides end-to-end measurement solutions to natural gas utilities across the globe by providing best-in-class technologies to meet our customers' needs now and 20 years from now. Our technological platforms are designed to seamlessly provide customer-centric measurement solutions. Our mission is centered on customer satisfaction through responsive deliveries, technical support and customer service that is matched with rugged and reliable products, manufactured with uncompromising quality, accuracy, and safety requirements. We will continue developing innovative technologies within the natural gas industry, promoting efficient, sustainable, and cost-effective energy solutions.

Romet is a collaborative organization where talent is combined with experience to drive our business toward success. This is made possible by the work ethic, creativity and passion of our team members and their continued commitment to delivering customer satisfaction. Our team is truly diverse with different areas of expertise and backgrounds, all guided by a team of experienced and innovative leaders.  Romet has been recognized as a Platinum winner for Best Managed Companies in Canada for nine consecutive years.

We are currently looking for a Strategic Buyer to join our busy and growing manufacturing company.  The successful candidate will be engaged in elevating the department and company to the next level.  The incumbent will be forward looking and thrive in a culture of continuous improvement.

For the right person this is an exciting opportunity to be developed and invested in to become an integral member of the Supply Chain team. We are looking for a highly motivated, focused, and outgoing person who wants to springboard their career with a thriving manufacturing company. You will be provided with the coaching and training needed throughout the onboarding and orientation process that will build from your base of skills acquired from your past experiences.

You will learn our business during your training with our experts in Supply Chain, Engineering, and Operations.

If you are excited at the prospect of joining an award-winning, high growth, technically relevant organization this may be the opportunity for you.

GENERAL ACCOUNTABILITY

Reporting directly to the Director of Supply Chain, the Strategic Buyer will propose the sourcing strategy to Romet management to mitigate business risk and maximize the benefit with leverage on both the international and domestic supplier base. The Strategic Buyer will be responsible for the supply chain raw material annual cost savings plan and execution. Managing super collaborative/contract manufacturing suppliers with strategic partnership development and will lead as supply chain NPI process champion to coordinate with the internal cross-functional team.

Key Job Responsibilities and Accountabilities:

Procurement & Strategic Sourcing (Priority order)

• Develop and manage strategic supply chain partnerships for box building, ensuring alignment with production requirements, quality standards, and long-term business objectives


• Initiate buying strategy discussions and implement approved sourcing strategies by qualifying suppliers to efficiently meet business targets


• Negotiate pricing solutions, order policies/terms, long-term agreements with suppliers/subcontractors


• Proactively identify/qualify sources of supply to de-risk material availability, cost, and quality risks


• Foster supplier consolidation and build stronger, long-lasting strategic relationships


• Survey the marketplace to ensure competitiveness of existing vendors

New Product Introduction (NPI) & Cross-Functional Support

• Actively represents the supply chain team in NPI reviews, coordinating both internally and externally


• Support engineering in NPI launches, prototype builds, and stage-gate “go/no-go” decisions


• Negotiate FAI plans with internal cross-functional teams (ME, PD, QA/QC) and external suppliers


• Prepare costing and margin analyses for NPI’s to support pricing and margin decisions

Supplier Relationship & Performance Management

• Evaluate, develop, monitor, and manage suppliers on price, quality, delivery, and capacity performance


• Create and maintain supplier scorecards; collaborate with commodity buyers to ensure positive performance trends, prepare and conduct quarterly performance review presentations with collaborative and super collaborative suppliers


• Maintain supplier/sub-supplier relationships, strategic alliances to ensure uninterrupted material flow


• Manage and expand Vendor Managed Inventory (VMI) programs, including electronics, hardware, MRO, and box build components

Forecasting, Planning & Inventory Management

• Standardize/prepare monthly long-term commodities forecasts, work with buyers to deliver/explain forecasts to suppliers


• Plan, review, and manage current and future MRP requirements based on production needs


• Review/update demand signals for proper supply/demand elements are triggered in ERP/MRP system


• Utilize ERP systems and coordinate with cross-functional teams to ensure smooth material flow


• Work with production planning to align forecasts with production and provide production floor support


• Analyze inventory status monthly and implement actions to improve turns and critical item availability


• Use forecasting and negotiation skills to maintain supply of critical inventory items and implement supplier stocking programs where applicable

Cost Optimization & Continuous Improvement

• Perform frequent pricing reviews with commodity buyers to facilitate cost reduction initiatives


• Continuously manage the Supply Chain Projects Matrix on the network drive


• Prepare and analyze reports as required


• Perform all other duties as assigned

Skills and Qualifications:

• Able to read the Engineering Drawings (e.g. GD&T) and validation plan (e.g. FAI Plan)


• Basic understanding of technical specification and manufacturing processes


• Consistently works on complex assignments requiring independent action and a high degree of initiative to resolve issues, Possess excellent organizational and analytical skills


• Ability to work under pressure and meet frequent deadlines


• A self-starter with the ability to set and handle multiple priorities


• Excellent communications skills both written and oral, including a strong ability to work collaboratively as part of a team with a focus on finding positive outcomes


• Adaptable and flexible in a changing environment


• Must be computer literate – Microsoft Office Suite

Educational/Experience Requirements:

• Electronic or Mechanical Engineering Certificate/Diploma is required


• College Certificate/Diploma in Supply Chain procedures or related work experience


• 10+ years Buyer experience in a manufacturing environment (Electronics/Casting/Extrusion/Machining experience preferred)


• Minimum 8 years’ experience working with MRP/ERP system (Dynamics 365 Business Central considered an asset)

• Lean manufacturing training and experience are considered assets

Romet Limited is an equal opportunity employer which values diversity and inclusivity in the workplace.  We strive to create an inclusive environment for all candidates. If a candidate has specific requirements or needs reasonable adjustments to participate in the application or interview process, please let your TA Specialist know at the time of receiving an interview invite so we can accommodate accordingly.  All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.