What are the responsibilities and job description for the Buyer position at Dover Precision Components?
Dover Precision Components delivers performance-critical solutions for rotating and reciprocating machinery across the oil & gas, power generation, marine, industrial, chemical and general processing markets. Comprising the Waukesha Bearings, Bearings Plus, Inpro/Seal and Cook Compression brands, our portfolio includes hydrodynamic bearings, active magnetic bearings, system and bearing protection, and reciprocating compressor valves, sealing technologies, pistons, rods and more. Each solution is custom-engineered to provide optimum efficiency, reliability and productivity, and backed by comprehensive aftermarket services. Dover Precision Components serves its global customer base through facilities in North America, Europe, Asia and the Middle East, as well as technical sales representatives around the world. Dover Precision Components is part of Dover Corporation’s Fluids segment.
Summary:
Responsible for assuring the continuous supply of assigned components to support customer service goals, minimize the total landed cost of material and optimize company’s cash flow.
Responsibilities:
- Evaluates and acts upon the MRP requirements and Kanban levels for assigned commodities. Generates and adjusts purchase orders and/or shop work orders to support production schedules.
- Effectively communicates areas of concern to appropriate departments, individuals and/or suppliers. Inputs, maintains, and adjusts records or transactions to ensure system validity.
- Prepares and presents recommendations for improvement opportunities and alternative courses of action to purchasing leaders. Supports purchasing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building.
- Consistently applies purchasing policies, procedures and processes. Conducts minor contract negotiations. Gathers information and provides input on larger contracts. Manages loading and retrieving of legal and compliance documents into applicable storage systems.
- Proactively identifies and takes appropriate corrective actions to prevent material shortages. Expedites materials as required and provides accurate material status information to other departments and site management.
- Effectively communicates forecasted requirements to external suppliers.
- Objectively measures and communicates supplier performance to support supply chain continuous improvement efforts. Interfaces with Suppliers, Quality, Strategic Sourcing, and Engineering to quickly resolve quality, delivery or cost issues.
- Drives increased inventory turns, reduced cycle times, and improved Customer OTD by developing, implementing and managing pull-based material replenishment processes, including, but not limited to Kanban cards, vendor-managed inventory and supplier consignments.
- Ensures quick resolution of shipping discrepancies, receiving errors, and invoice errors, and authorizes all inventory adjustments. Coordinates adjustments to ship dates or quantities on open purchase orders as necessary.
- Works to eliminate excess and obsolete parts, and rationalize similar parts.
- Consistent with DOVER’s Operational Excellence focus, participate in Value Stream Mapping and Kaizen events that will eliminate waste and result in significant benefits (Growth, Safety, Quality, Delivery, and Cost) throughout the Supply Chain.
- Engenders a spirit of cooperation throughout the supply chain to insure responsiveness to the customer.
Skills:
- Excellent analytical, problem-solving/decision-making skills; ability to make timely, effective, fact-based decisions. Includes a strong working knowledge of word processing, spreadsheet and scheduling software.
- Proficient in ERP systems and Microsoft office suite software (e.g. Word, Excel, Access, MS project, etc.).
- Prior experience implementing and managing a Kanban or pull system approach to component flow.
- Knowledge of supplier performance management practices and supplier scorecards.
- Strong interpersonal skills and demonstrated ability to perform and produce results in multifunctional teams in a dynamic work environment.
Education and Experience:
- BS/BA in business or technical field and a minimum of 2 years of related experience. Extensive experience in purchasing/planning can be substituted in lieu of 4-year degree.
- Direct experience working with suppliers from low-cost regions (India, China, Eastern Europe, Etc.) preferred.
- Direct experience implementing lean concepts (Value Stream Mapping, Kaizen Leadership, 5S, etc.) is highly desirable.
- CPIM, CSCP, Lean Manufacturing and Six-Sigma Green Belt certifications are highly desirable.
Note: This Job Description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by the Supervisor. All requirements are subject to change and updates.
Job Type: Full-time