Strategic Buyer

Location: Somerset, NJ 

Position Responsibilities:  

Strategic Sourcing 

• Manage Supplier lifecycle management.


• Develop and implement procurement strategies to support local and global markets.


• Lead supplier negotiations not limited to Pricing, Terms and Conditions and Contracts.


• Implement and manage supplier agreements, renewals, and commercial compliance.

Analytics & Cost Management 

• Translate data into actionable outcomes targeting cost savings opportunities and inventory optimization.


• Support budgeting and forecasting activities.


• Perform scenario analysis for supply disruptions, demand variability, and sourcing changes.


• Prepare reports and presenting findings to divisional and senior management.

Supplier Performance 

• Develop and maintain supplier performance scorecards.


• Lead supplier business reviews and corrective action plans per defined intervals.


• Establish an escalation procedure with suppliers to ensure quality and availability of materials.


• Support supplier audits and qualification activities with Quality and Regulatory teams. 

Cross-Functional Leadership & Collaboration and Execution

• Participate in cross-functional project teams to support Supplier / Material onboarding.


• Facilitate Proof / First Article review with internal and external stakeholders.


• Setup and maintain all Vendor / Supplier activities within an ERP system.


• Provide internal purchasing oversight and timely closure of invoices

General Responsibilities

• Perform various tasks using ERP / SAP systems.


• Exercise good judgment in accordance with safety and operational policies and procedures.

Qualifications:

• Bachelor's degree in Business, Supply Chain, or related field.


• Minimum 5 years purchasing experience with strong business acumen.   


• Experience with ERP system, SAP preferred.


• Ability to work effectively with internal / external partners with focus on relationship building.  


• Ability to effectively organize and prioritize workload to complete task in a timely manner.


• Strong attention to detail, quality conscious, and excellent organizational skills.  


• Excellent communication and interpersonal skills, both oral and written. 


• Ability to work effectively with employees from all levels of the company.


• Software skills in Microsoft Office, specifically Excel.

Equipment & Machinery Used 

• Desk top or laptop computer.

Travel Requirements 

• This position may require up to 20% travel to including local and global locations.

Reporting to this Position 

• No reports into this position

Impact of Errors  

• Impact on company could be significant, errors or negligence could affect ability to meet internal and external customer expectations.

Benefits Offered

• Medical Plan


• Prescription drug coverage


• Dental Plan


• Retirement savings plan


• Disability benefits


• Flexible Spending Account


• Voluntary benefits


• Time off program 


• Wellness program 

 Salary Range: $90-110k annually based on experience