Senior Buyer

Lincoln Electric Automation, Fort Loramie, OH, a subsidiary of Lincoln Electric, specializes in laser welding, robotic welding and fixturing, press automation, and tube bending/fabricating systems which further strengthens Lincoln Electric’s already strong position as a market leader.

Req. ID: 23028 

 

Position Summary:  Responsible for developing and managing relationships with suppliers for direct and indirect goods and services.  Previous experience desired in an industrial machinery industry with a global organization.  The role includes developing purchasing strategies for products / projects at the local level, while collaborating with a global centers-led teams on category sourcing, local implementation, “end to end” supplier performance ownership, and procurement responsibility for S2P “Source to Pay” transaction execution of both intercompany and 3rd party supply requirements.

 

Job Duties and Responsibilities:

• Develop and lead initiatives to optimize cost locally, while participating in global initiatives for select categories.
• This role owns the supplier performance and related corrective actions necessary to meet and improve our operational performance.
• Works closely with other departments to identify, evaluate, and develop qualified suppliers.
• Participates in local management meetings, gaining a better understanding of the immediate priorities locally while communicating progress on supply management projects and KPI’s.
• Manages external supply risk associated with “sole supplier” decisions, including alternative sourcing strategies, inventory safety stocks, and supplier inventory programs (examples: VMI, Consignment, and other solutions to minimize risk).
• Work closely with corporate to improve WC “Working Capital” through extended payment terms and utilization of established SCF “Supply Chain Financing” program.
• Negotiates comprehensive supplier agreements to provide optimized cost to the company (examples: logistic selections, title transfer, INCO terms, training, technical support, payment terms, pricing, lead-times, order quantities, warranty, liabilities, and other factors based on specific budget and schedule requirements).
• Evaluates and drives cross-functional engagement to implement the most cost effective value for procurement alternatives.
• Establishes purchased material Standard Cost and provides forward guidance to cost variances.  Communicates supply cost factor changes on a monthly basis while recognizing the importance to quoting and overall profit performance of the company.
• Prepares and Manages RFx “Requests for Quotation, Information, or Proposals” of local sourcing requirements.
• Provides suppliers with forecasts and production schedule information as needed.
• Assures operational performance of procurement processes, including improvement in Epicor/Kinetic transactions, master data accuracy, and implementation of new business systems related to S2P processes.
• Responsible to deliver all critical supplier on-boarding requirements (e.g. NDA to protect all intellectual property, tax documentation, vendor-master data collections of banking accounts, terms, and contact information).
• Other tasks assigned as a valued member of the organization.

 

Expected Skills

• Desire 5-10 years related supply chain experience with a minimum of 3 years’ experience in sourcing of direct materials.
• Previous sourcing experience from international suppliers in low-cost-countries and related trade compliance.
• Thorough working knowledge of purchasing policies, processes, and procedures for a global publically traded company.
• Strong negotiation and influencing skills to be able to convince relevant stakeholders.
• Ability to read and interpret documents such as Part Prints, Bills of Material, Manufacturing Routings, and Job Order forms.
• Excellent interpersonal, communication, analysis, and problem-solving skills.
• Strong computer proficiency with desired experience using Microsoft Office Suite, SmartSheets, and Epicor/Kinetic.
• Knowledge and experience using consumption-based and forecast-based planning methods.
• Ability to prioritize work and adapt your work schedule to meet deadlines.
• Demonstrate a strong attention to detail.
• Previous procurement and sourcing experience in an ISO-9001 or equivalent QMS “Quality Management System”.

 

Education

• Bachelor degree in supply chain, business, or technical degree.  Other degrees considered with prior related experience.

 

Physical Demands and Work Environment:  The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential f