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Senior Buyer Castings, Forgings & Bar Stock

Job Description - Senior Buyer Castings, Forgings & Bar Stock

Key Responsibilities


Strategic Sourcing



  • Lead sourcing activities for steel castings, investment castings, sand castings, closed-die forgings, open-die forgings, and alloy bar stock.

  • Develop and execute commodity sourcing strategies.

  • Identify, evaluate, and onboard new suppliers to reduce risk and improve competitiveness.

  • Conduct RFQ management, supplier benchmarking, and total cost analysis.


Supplier Development



  • Build and maintain strategic relationships with foundries, forging suppliers, and steel mills.

  • Conduct supplier capability assessments and audits.

  • Drive supplier performance improvements in quality, cost, delivery, and responsiveness.

  • Work with suppliers on capacity planning and lead-time reduction initiatives.


Technical Procurement



  • Review engineering drawings, material specifications, and BOM requirements.

  • Understand ASTM, ASME, DIN, EN, and customer-specific material standards.

  • Collaborate with Engineering and Quality teams regarding manufacturing feasibility and supplier capabilities.

  • Support alternate material and alternate source qualification projects.


Cost Management



  • Negotiate annual contracts and price agreements.

  • Monitor commodity trends for steel, alloy steel, stainless steel, duplex, super duplex, and specialty materials.

  • Drive value engineering and cost reduction initiatives.

  • Analyze purchase price variance (PPV) and develop mitigation plans.


Supply Risk Management



  • Monitor supplier capacity and business continuity risks.

  • Develop dual-source strategies for critical commodities.

  • Proactively identify potential shortages and escalate risks.

  • Maintain strategic inventory plans for long lead-time materials.


Cross-Functional Collaboration



  • Work closely with:


    • SCM & Planning

    • SIOP Team

    • Engineering

    • Quality

    • Manufacturing

    • Project Management



Candidate Requirements


Education



  • Bachelor’s degree in mechanical engineering, Metallurgical Engineering, Industrial Engineering, or Supply Chain Management.


Experience



  • 2-4 years of procurement/sourcing experience in manufacturing or engineered products.

  • Minimum 2 years sourcing castings, forgings, and raw materials

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