Teknor Apex

  • Commodity Buyer I

    Job Locations US-RI-Pawtucket
    Job ID
    2018-2242
  • Overview

    teknor apex logo

    Celebrating over 90 years…


    Teknor Apex Company is a privately held, global material science company founded in 1924 and headquartered in Pawtucket, Rhode Island. We manufacture for our eight divisions in 9 locations in the U.S., and one each in Singapore, China, Belgium and Germany.

    In all our businesses we pride ourselves on our commitment to technical innovation, quality products and custom service. Positions offered are both challenging and rewarding and have excellent growth opportunities.

    Responsibilities

    The Commodity Buyer I is responsible for the development and implementation of Sourcing Strategies for assigned commodities, managing relationships with key and strategic suppliers, and securing supply to support our demand requirements. This includes price negotiations, communications to all internal and external customers, training of personnel, and coordinating with Buyer/Planners and plant personnel on demand requirements and trends.

     

    Strategic Sourcing/Procurement Process:

    • Supports in the development and implementation of Sourcing Strategies for assigned commodities in line with Strategic Sourcing Process.
    • Supports in the Development of comprehensive overviews of business requirements to achieve in each negotiation through communication & alignment with appropriate internal Business Units/Service Units.
    • Supports in the Alignment & communication of the results of negotiations to management and all other functions/plants impacted and obtains approval on appropriate path forward and final award decision.
    • Provides purchasing support for all assigned products to all corporate functions including production, planning, maintenance, customer service/sales, and engineering functions

    Category Management:

    • Develop strong market knowledge of assigned commodities including market dynamics, supply/demand balances, internal demand, investments, capacity, constraints, and price drivers
    • Coordinates existing supplier purchases as well as identifies and recommends alternatives in accordance with department procedures
    • Actively monitors pricing and market dynamics to provide outlooks to stakeholders

    Supplier Relationship Management:

    • Supports in the development of comprehensive Supplier Dossier in line with SRM process requirements
    • Negotiates price, terms and delivery for goods and services as authorized by management.
    • Facilitates problem resolutions when suppliers fail to perform in accordance with contractual obligations or with agreements
    • Supervises SCARs in accordance with established department procedures and works with suppliers to develop comprehensive corrective action plans to prevent future occurrence
    • Supports in performing quality system audits of suppliers as designated by management

    Risk Management:

    • Supports team to develop holistic view of major risks for assigned commodities in line with Risk Management process
    • Participates in cross functional team in assessment of risks and collaboratively supports in the development of comprehensive risk mitigation plans and action items
    • Tracks and reports regularly on existing risks and status of risk mitigation measures

    Others:

    • Conducts quality system and other training as required by corporate document control procedures or other needs of the Department
    • This includes maintaining all agreement costs for their area of responsibility, which drives cost standards used for finished product quoting
    • Coordinates the buying process from the point of supplier and agreement set up through to the payment authorization. This includes resolution of receipt, price, terms and delivery discrepancies
    • Supports the Buyer/Planners in optimizing inventory levels by helping them complete make-buy analysis and review alternate purchase quantities, methods, or packaging
    • Performs additional duties and responsibilities as assigned

    Qualifications & Competencies

    • Position requires between 0-5 years of buying experience
    • Bachelor's degree in Supply Chain, Finance, Accounting or equivalent training in a related business or technical area
    • Work is substantially complex and varied and requires the selection and application of technical and/or detailed guidelines. Moderate analytic ability is needed to gather and interpret data where results/answers can be found after analysis of several facts.
    • Knoweldge of Procurement best practices including Strategic Sourcing, Supplier Relationship Management, Risk Management, Negotiations, and eSourcing tools.
    • Excellent analytical capabilities.
    • Ability to think Strategically and resolve problems through detailed analysis and Creativity
    • Basic understanding of negotiation tactics, strategies & concepts
    • Good communication skills, ability to influence
    • Team player

    Our best performers possess the following core competencies:

    Analytical Thinking* Attention to Detail *Business Perspective Impact and Influence * Information Gathering and Processing * Interactive Communication Planning and Organizing * Work Ethics and Values

     

    Teknor Apex has a long-standing history of caring for its employees.  We are committed to the philosophy of providing employees with a comprehensive and competitive benefits package.

     

    Medical w/prescription drug coverage

    Dental and Vision

    Life Insurance

    401k w/company match

    Paid Holidays and Vacation

    Flexible Spending Account (FSA)

    Tuition Reimbursement

    Employee Assistance Program (EAP)

    Employee Wellness Program

    Service Recognition 

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