Senior Buyer / Procurement Analyst

Indotronix is seeking an:

Onsite Job: Sr. Buyer / Procurement Analyst
Work Location: Radford, VA
Duration: 06+ Months, Temporary to Hire
Shift: 8:00 AM–5:00 PM
Work Schedule: 9/80

Position Description

• In charge of identifying, qualifying, and onboarding global suppliers with consideration of achieving the sector offset targets and other business objectives.

• Demonstrate technical capability in order to communicate effectively with design / component engineering on quality improvement topics and cost reduction / design change opportunities both internally and within the supply base.

• Exhibit good interpersonal skills in order to grow supplier relationships to support our business needs.

• Identify and collaborate with internal stakeholders and suppliers to introduce new and innovative technologies and processes to improve margins and service delivery.

• Monitor and evaluate global market trends, intervene to manage/mitigate the impact of supply shortfalls or price adjustments, or market opportunities.

• Responsible for leading and implementing long-term strategic projects and executing long-term strategic supplier agreements.

• Drives strategic initiatives, manages and fully executes the RFQ process, analyzes supplier bids, and makes sourcing decisions.

• Development of suppliers approved for quote while collaborating with program and category teams.

• Enhance and strengthen supplier relationships.

• Further the development and implementation of long-term strategic projects and engage in a high degree of collaboration and communication with commodity managers, tactical buyers, and other integrated supply chain areas.

• Ability to analyze forecasted data and suppliers' bids.

• Applies continuous improvement techniques and methods to internal processes and systems to increase efficiency and reduction of cost.

• Ensure appropriate cost or price analysis is performed to determine the reasonableness of the supplier's bid or to develop a negotiation position to ensure that all compliance documentation requirements are met.

• Responsible for the prompt close-out of completed orders.

• Responsible for total supplier performance throughout the life cycle of procured materials and services.

• Maintains a safe work environment and ensures compliance with safety objectives and policies.

• Shares responsibility of self-development with immediate supervisor.

Skills Required

• Working knowledge of developing RFQ/RFP, contracts, preparing financial analysis, negotiations, and PO documentation.

• Working knowledge of engineering requirements, terms, and blueprints.

• Ability to manage data, analytics, and reporting in ERP..

Experience Required

• Experience with purchasing multiple commodities.

• Experience with reading and interpreting schematics and component drawings.

• Experience working with cross-functional teams.

• Experience utilizing MS Office Suite (Excel).

Experience Preferred

• Experience in the Defense Industry.

• Experience in ITAR restrictions and FAR/DFAR requirements.

• Experience in Advanced Product Quality Planning (APQP).

• Experience in supplier audits.

Education Required

• Bachelor's Degree and 4 years' work experience or equivalent experience.