Buyer

Dover Precision Components
Rock Island, IL Full Time
POSTED ON 6/1/2024
This position is 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. In this role, the successful candidate will have an analytical and collaborative mindset which focuses on effective decision making.

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.
  • Inputs, maintains, and adjusts records or transactions to ensure system validity.
  • 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.
  • 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.
  • 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.
  • Manages invoice que and works w/ vendors to resolve past due invoices.
  • Works to eliminate excess and obsolete parts and rationalizes similar parts.
  • Consistent with DOVER’s Operational Excellence focus, participates 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.

Minimum required qualifications:

  • BS/BA in business or technical field and a minimum of 2 years of related experience preferred. Extensive experience in purchasing/planning can be substituted in lieu of 4-year degree.
  • Must be proficient in ERP systems and Microsoft office suite software (e.g. Word, Excel, Access, MS project, etc.).
  • Knowledge of supplier performance management practices, including supplier scorecards and performance metrics.

Skills:

  • Excellent analytical, problem solving/decision making skills; ability to make timely, effective, fact-based decisions.
  • Strong interpersonal skills and demonstrated ability to perform and produce results in multifunctional teams in a dynamic work environment.
  • Ability to work in a fast paced, cross-functional environment.
  • Proven ability to develop collaborative relationships and influence up, down, and across organizational lines.
  • Direct experience implementing lean concepts (Value Stream Mapping, Kaizen Leadership, 5S, etc).
  • CPIM, CPSM, CSCP, Lean Manufacturing and Six-Sigma Green Belt certifications preferred but not required.

About the Company:

Dover Precision Components ‘DPC’ (‘the Company’) is part of Dover Corporation’s (‘the Parent Company’) Pumps and Process solutions segment. DPC holds market leading positions globally and delivers performance-critical solutions across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We design and manufacture mission-critical equipment components to deliver more affordable, cleaner energy solutions and enable manufacturers to operate more efficiently.

Dover Precision Components delivers products and services that enhance performance, improve safety, reduce carbon emissions, and accelerate clean energy adoption, through collaborative customer relationships, expert engineering, and an innovative culture. Our strong Company portfolio is comprised of long products and services offered under Cook Compression, Cook Mechanical Field Services, Waukesha Bearings, Waukesha Magnetic Bearings, Inpro/Seal, Bearings Plus, and FW Murphy Production Controls. Our global footprint reaches more than twelve locations in the Americas and more than six locations in Europe and China.

We are diligent in recognizing our employees’ needs and providing an enriching experience through professional developmental opportunities. Our authentic, collaborative company culture, combined with a competitive suite of health and welfare offerings, emulates who we are. We are Dover Precision Components, #SWE

  • 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.

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