A Technical Buyer is responsible for preparing cost estimates by analyzing proposals and requirements as well as sourcing equipment, goods, and services, and managing vendors. The successful candidate will be able to perform strategic procurement activities across multiple categories of spend, manage critical lead times, and find more profitable suppliers. A Technical Buyer must be professional, proactive and positive when interacting with customers & vendors.
Essential Duties and Responsibilities:
Quote execution
Support monitoring quote estimates vs. actual
Standard Parts releases and inventory management
Track sales vs. quotes for strategic partners/sales team
Build only quote processing
Manage change orders on large scale projects
Job creation and follow up on purchase orders
Develop, lead and execute purchasing strategies
Track and report key functional metrics to reduce expenses and improve effectiveness
Craft negotiation strategies and close deals with optimal terms
Partner with stakeholders to ensure clear requirements documentation
Forecast price and market trends to identify changes of balance in buyer-supplier power
Perform cost and scenario analysis, and benchmarking
Assess, manage and mitigate risks
Seek and partner with reliable vendors and suppliers
Determine quantity and timing of deliveries
Monitor and forecast upcoming levels of demand
Expedite critical and/or late purchased components
Active participant in a continuous improvement environment
Education and/or Experience: Prefer an Associate’s degree in mechanical or manufacturing engineering or a related field, and at least three years of related experience. Requires at least three years of experience estimating.
Other skills and abilities
Ability to analyze information
Ability to provide plan and provide accurate estimates.
Ability to read and understand mechanical and electrical drawings.
Working knowledge of personal computer, keyboard, and software programs.
Working knowledge of manufacturing processes.
Strong interpersonal skills.
Good verbal and written skills.
Proven organizational skills.
Ability to prioritize and work with limited supervision.
Good presentation skills
Ability to explain how and why specific conclusions were reached.
Ability to maintain confidentiality.
Ability to work well under pressure and to remain flexible to changing schedules and demands.
Strong working knowledge of Microsoft Excel and databases
Interest in market dynamics along with business sense
A knack for negotiation and networking
Ability to gather and analyze data and to work with figures