Buyer

IEC Electronics
Newark, NY Full Time
POSTED ON 3/18/2024

Position Overview

The Buyer is responsible for tactical purchasing to the approved vendor listing (AVL) for assigned commodities/suppliers, working with customers and program managers, minimizing obsolete & no-demand inventory, maximizing favorable PPV and inventory turns.  This opening will be supporting our wire/cable/interconnect division.

Essential Duties

  • Accurately enter all purchase orders in the system on time to the MRP request date
  • Submit accurate orders to suppliers on time
  • Obtained written acknowledgements from suppliers in a timely manner if required
  • Talk with suppliers to obtain product or service information such as price, availability and delivery schedule
  • Ensure that all material is delivered on time, at the negotiated price, and meets IEC’s quality standards
  • Maintain control of orders, amendments, shipping notices, and other documents assuring accurate retention of records
  • Work with all necessary departments to ensure that customer requirements are met
  • Keep component purchase price at or below target cost
  • Monitor vendor performance for quality and delivery
  • Review existing customer quotes
  • Obtain approval for PPV and MPA’s prior to order
  • Monitor and reduce on-hand inventories
  • Add components to In-House Stores, Consignment programs, Expense program and Webportal
  • Run Can-Build reports to assess component availability
  • Ensure that material is planned per MRP requested date  to meet the customer committed delivery schedule
  • Notify documentation, engineering, program management or others if BOM discrepancies are found
  • Work with capacity and scheduling planners to sequence jobs to support manufacturing efficiencies
  • Release work orders to support planned MRP start date
  • Make sure material is available for order before the job is released 

 

  • Provide correct information and response to any incoming queries from a customer; promptly and adequately to satisfy the internal or external customer 
  • Reviews requisitions and MRP output. 
  • Confers with vendors to obtain product or service information such as price, availability and delivery schedule. 
  • Determines method of procurement such as direct purchase. 
  • Orders, reschedules and cancels material based on requisitions and MRP output. 
  • Maintains procurement records such as items or services purchased, costs, delivery and inventories. 
  • Manages supplier to price, delivery and quality expectations and escalates when appropriate. 
  • Approves invoices for payment. 
  • Expedites delivery of goods to users. 
  • Analyzes inventory levels. Prepares liability reports for excess and obsolete management. 
  • May gather quotations, examine bids, negotiate contracts and make awards. 
  • May plan, schedule and monitor the movement of materials through the production cycle. 
  • Interfaces with suppliers and customers to secure both delivery and the best market price. 
  • Makes tactical buying decisions. Executes corporate sourcing programs and purchasing high dollar parts. 
  • Conducts quarterly supplier reviews. 
  • Maintains procurement records, reports and metrics 
  • Prepares and/or reviews bid requests and negotiates contracts within budgetary limitations and scope of authority. 

 

Position Qualifications:

Minimum Education: Associate’s degree in business or related field, Bachelor’s Preferred

Minimum Experience: 0-2 years of purchasing experience, or a combination of education and experience. APICS / ISM Certifications preferred. 

Other Skills/Knowledge/Experience:

Computer Skills:

  • Intermediate Microsoft Word skills as evidenced by the ability to perform all of the basic functions as well as create moderately complex documents containing tables and graphs, and ability to mail merge documents, apply page setup functions (margins, page numbers, footers, headers), create an index and/or table of contents, use search & replace, print labels and envelopes.
  • Advanced Excel skills as evidenced by the ability to perform all of the basic and intermediate functions as well as the ability to enter and edit complex formulas, filter lists, sort ranges, create and run macros, and use data analysis tools (pivot tables, scenarios, etc.)
  • Intermediate Microsoft Powerpoint skills as evidenced by the ability to apply all of the basic skills as well as use and print notes, changing color schemes, changing fonts, bullets, slide backgrounds; adding a table, changing a slide layout, adding a chart, creating organizational charts, and search & replace.

 

Physical Activity Requirements

Work Environment: Office environment where the noise level is generally quiet to moderately noisy

Work Position: Primarily sitting

Body Movements: While performing the duties of this job, the employee may be required to stand, walk, sit, climb, stoop, kneel, crouch or crawl

Weight Requirements: Must be able to lift at least 20 lbs 

Sensory Requirements: Vision, speech, hearing, smell and touch are routinely used in day to day functions

Additional Requirements:

Pursuant to ITAR, EAR, and other export compliance laws and regulations, applicants for this position must be U.S. Persons as defined by U.S. law, i.e., U.S. citizens, lawful permanent residents ('Green Card' holders), persons granted refugee status or asylum status in the United States, or temporary residents granted amnesty.

Equal Opportunity Employer:

As an equal opportunity employer, it is the policy of IEC Electronics to prohibit discrimination and harassment of any type and to afford equal employment opportunities to employees or applicants for employment without regard to any legally-recognized basis including but not limited to: race, color, religion, sex, sexual orientation, national origin, age, physical or mental disability, genetic information, veteran status, uniform service member status or any other protected class under federal, state or local law.

Creation Technologies will require all new hires to be fully vaccinated for COVID-19 by their start date, unless they have an approved exemption.  

Salary.com Estimation for Buyer in Newark, NY
$87,718 to $115,934
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