Buyout Procurement Specialist

TREW LLC
Fairfield, OH Full Time
POSTED ON 5/11/2024
Position Description
 
The Buyout Procurement Specialist role will be responsible for the strategic management of procurement activities and supplier relationships to optimize the value and performance in the acquisition of goods and services for the organization. The Buyout Procurement Specialist will assist in identifying and evaluating bids and purchase orders and maintaining contacts with suppliers to identify the most current availability, quality, and pricing. The Buyout Procurement Specialist will expedite the ordering and delivery process for assigned commodities. 
 
The ideal candidate will have a strong analytical background and exceptional attention to detail and possess good self-management skills, well rounded thinking, confidence, and a collaborative approach to working with others within various departments. A successful candidate will have the ability to work under pressure and tight timelines associated with procurement activities in the Strategic Sourcing department of a rapidly growing company in a fast-moving industry.
 
Duties/ Responsibilities:    
 
  • Responsible for managing the procurement of outsourced solutions by ensuring that pricing is aligned with Sourcing strategies and project schedule requirements
  • Serve as main point of contact for assigned suppliers with respect to purchasing-related issues
  • Process purchase requisitions and issue purchase orders in accordance with established procurement policies and procedures. Ensure accuracy and completeness of purchase orders and verify pricing, quantities, and delivery schedules
  • Communicate with suppliers, as needed, to confirm delivery statuses, expedite deliveries, and follow up on any past-due purchase orders
  • Work closely with the project management and engineering teams to determine project schedule requirements
  • Work proactively with suppliers to identify, manage, and mitigate risk
  • Responsible for monitoring and assessing how well the supplier meets or exceeds the expectations and requirements set by the Strategic Sourcing team and organization
  • Manage and analyze supplier on-time performance and keep in constant communication with suppliers to help improve delivery
  • Monitor supplier quality performance to identify downward trends and address as needed
  • Resolve any issues or disputes with suppliers related to pricing, quality, delivery, or other concerns in a timely and effective manner
  • Responsible for the ongoing process of analyzing performance, identifying opportunities, and making incremental changes to processes and procedures
  • Participate in ERP system development and implementation to improve effectiveness and efficiency of supplier performance
  • Develop and implement purchasing and contract management instructions, policies, and procedures per guidelines
  • Increase transparency and communication with multiple departments and suppliers to achieve project financial and schedule requirements 
  • Aid in the development of creative and innovative Strategic Sourcing processes to improve operational efficiency, add value, aid business performance and work towards a strategy of continuous improvement
  • Maintain a high level of performance in carrying out the goals of the department and the company
  • Ensure good communications and update records with new and existing suppliers
  • Ensure that a professional and consistent approach is taken in relation to all supplier relationships
  • Ensure compliance to company guidelines, policies and procedures guidance
 
Required Skills/ Abilities:
 
  • Ability to both manage the day-to-day tactical work of a Procurement Specialist as well as capacity to plan and execute procurement strategies that align with Sourcing’s and the organization’s goals
  • Ability to work cross functionally within the organization with minimal oversight
  • Ability to work in a fast-paced environment and contribute performance-based solutions is required
  • Ability to add value by identifying ways to reduce cost and make business improvements and by negotiating favorable terms with suppliers
  • Demonstrated ability to manage own work load with minimal supervision required
  • Able to work effectively in a team environment as well as an individual contributor
  • Experience establishing and maintaining good working relationships with internal and external customers
  • Strong analytical, problem solving, and troubleshooting skills
  • Thorough knowledge of supply and demand planning
  • Understanding of supply chain management principles and practices
  • Proficiency in Word, Excel, Microsoft Outlook and ERP systems, preferably NetSuite
  • Strong written and verbal communication skills
  • Working knowledge of MS SharePoint / Teams
 
Education & Experience :
 
  • A bachelor's degree in business, supply chain management, engineering, or related field
  • At least 1-2 years’ experience in procurement or supply chain management in a manufacturing environment
 
Work Environment This is primarily a desk-based role, requiring extended periods of sitting and computer use
Remote/hybrid position with approximately 3 days in office per week
 
Physical Requirements Prolonged periods sitting at a desk and working on a computer. Must be able to lift up to 15 pounds at times. Ability to traverse office and manufacturing facility.
 
Trew EEO Statement Trew and its companies are an equal opportunity employer. Applicants will be considered for employment without regard to age, race, creed, color, national origin, ancestry, marital status, affectional or sexual orientation, gender identity or expression, disability, nationality, sex, or veteran status.
 
Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
 
 
 

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