- Use discretion and independent judgment to procure components, materials and equipment that meet demand while making decisions on economic order quantities factoring in considerations such as price, delivery costs, demand levels, timing, market trends and potential for design changes/obsolescence.
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- Align product deliveries to minimize inventory while ensuring that production and service needs are being met. Assess financial and schedule risks in order to recommend volume buys, etc.
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- Perform market research to identify vendors/suppliers and determine viability to meet the needs of the business. Assess vendor/supplier capabilities based on factory audits and performance and make decisions to drive improvement.
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- Manage qualification and implementation of products from new suppliers by consulting with internal engineering, quality & production teams.
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- Negotiate cost reductions, mitigate cost increases and ensure optimal terms utilizing market data, technical understanding and other strategic methods to maximize benefit to Haas.
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- Initiate projects to resource parts and identify/recommend alternate designs and/or manufacturing methods for current parts and new design prototype requests.
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- Using quantitative skills/methods and manufacturing expertise, perform detailed āshould-costā analysis of products which includes analysis of components/raw materials costs.
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- Lead resolution on supplier related quality, design or manufacturing issues with the support from the appropriate departments at Haas.
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- Monitor on-going suppliersā performance, provide supplier feedback through a supplier scorecard, and drive completion of Corrective Action reports for any quality/delivery issues.
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- Review key purchasing drivers (lead time, safety stock, lot size) and identify areas where drivers need to be adjusted to ensure it meets the current needs of the business.
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- Provide leadership to junior level buyers and coach on negotiation, should costing and analysis.
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