Senior Buyer

Description

Nova Measuring Instruments is seeking a skilled Buyer to lead the Oracle Cloud Procurement implementation for our Materials Metrology Division. This role will focus on sourcing and procuring high-quality materials and components needed to build semiconductor capital equipment. The ideal candidate will have experience in materials procurement within the capital equipment industry, strong supplier management expertise, and familiarity with implementing and optimizing Oracle Cloud Procurement systems. This role will work closely with cross-functional teams to support the build of capital equipment, ensuring timely and cost-effective sourcing of all required materials.

Pay Range: $85,000- $115,000 Annually (DOE)

Why Nova:

• Certified Best Places to Work from "Great Places to Work" in 2022, 2023 & 2024 (Rated by our employees) Top 30 in our industry category 
• Doubled in revenue from 2020 to 2022
• Customer focus: We value building strong relationships. You'll be the face of Nova, working closely with customers to understand their needs.
• Continuous learning: We're passionate about growth. You'll gain in-depth knowledge of cutting-edge metrology tools, participate in industry trainings, and receive ongoing mentorship from experienced engineers. 

Role Responsibilities

Materials Procurement

• Execute sourcing strategies to procure materials, parts, and components essential for the production of semiconductor capital equipment.
• Conduct supplier analysis to identify competitive pricing, optimal contract terms, and compliance with quality and delivery standards.
• Collaborate with engineering and production teams to understand material specifications and ensure alignment with project requirements.

Oracle Cloud Procurement Implementation

• Lead the Oracle Cloud Procurement implementation for the Materials Metrology Division, collaborating with IT, finance, and supply chain teams to ensure successful rollout and optimization.
• Act as a subject matter expert and super user for Oracle Cloud Procurement, providing training and ongoing support to team members.
• Develop and refine procurement processes within Oracle Cloud, focusing on efficiency, accuracy, and alignment with division goals.

Supplier Relationship Management

• Build and maintain relationships with key suppliers to ensure reliable supply, quality, and cost efficiency.
• Negotiate with suppliers to secure favorable terms, pricing, and long-term partnerships that support division goals.
• Implement supply chain risk management strategies, including alternative sourcing options and contingency planning to mitigate potential disruptions.

Order and Inventory Management

• Process purchase orders and requisitions through Oracle Cloud Procurement, ensuring accuracy, timeliness, and compliance with policies.
• Track and manage order status, resolving discrepancies or delays to keep production on schedule.
• Collaborate with warehousing and logistics teams to manage inventory levels and ensure timely availability of materials.

Cross-Functional Collaboration

• Work with engineering, finance, quality assurance, and project management teams to ensure the procurement strategy supports broader project and business objectives.
• Provide accurate lead times, cost estimates, and supplier capabilities to support project planning and cost forecasting.
• Ensure adherence to corporate and regulatory guidelines, including procurement policies, quality standards, and compliance requirements.

Reporting and Analysis

• Prepare procurement reports, analyze spend data, and track key performance indicators (KPIs) to optimize sourcing strategies and performance.
• Support budget planning and forecasting for materials procurement, helping drive cost savings and efficient allocation of resources.

Requirements

Education:

• Bachelor’s degree in Supply Chain Management, Business Administration, Engineering, or a related field. Master’s degree is a plus.

Experience:

• Minimum of 5 years of experience in materials procurement, ideally in the semiconductor or related capital equipment industries.

Technical Skills:

• Experience leading ERP implementations, ideally Oracle Cloud Procurement.
• In-depth knowledge of sourcing, negotiation, and procurement practices for materials and components.
• Strong proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

Skills and Competencies:

• Excellent negotiation