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Raw Material Buyer

Job Title:

Raw Material Buyer

Location:

Wilton, CT

Industry:

Management / Operations

Job Description:

GENERAL DESCRIPTION – PURPOSE OF ROLE:

This position will manage the procurement and deployment of raw materials in assigned categories. This involves building procurement strategies, selecting and maintaining relationship with vendors, contracting, ensuring on time/in spec delivery, market analysis and price negotiations as well as developing and maintaining raw material processes and procedures. The key focus will be to ensure supply of assigned materials according to strategy and building efficiency and consistency in internal processes related to raw materials.

ESSENTIAL FUNCTIONS:


• Leads the development, alignment and implementation of sourcing strategies and supplier network capability and capacity for assigned materials.
• Manage the data related to assigned materials, including budget and price variance forecasts, volume reconciliations and developing visibility to impact of change to all raw material requirements.
• Develops and executes deployment strategies to meet business requirements in accordance to latest forecasts.
• Ensures the company’s ability to execute daily material ordering, deployment and procure to pay processes to meet business production requirements.

  • Coordinates timelines, inventories and transitions during material changes so as to minimize transition costs, without impact to CSLs. Creates visibility to financial impact of such changes.
  • Analyzes material market dynamics/ trends and price environment in order to manage price risk in accordance with Company Rick Management Policies
  • Selects and maintains supplier relations, negotiates prices and oversees contract and follows up on deliveries through completion.
  • Creates, measures and communicates supplier performance metrics to improve service and reduce costs.
  • Engages in reviews with suppliers and internal/external stakeholders based on total cost and works to optimize this total cost and drive productivity savings.
  • Works with suppliers and internal stakeholders on development of new materials, products or services to optimize opportunity.
  • Minimizes and communicates any service related issues to all internal stakeholders

Job Requirements:

 

Raw Material Buyer

Connecticut Wilton, Connecticut


GENERAL DESCRIPTION – PURPOSE OF ROLE:

This position will manage the procurement and deployment of raw materials in assigned categories. This involves building procurement strategies, selecting and maintaining relationship with vendors, contracting, ensuring on time/in spec delivery, market analysis and price negotiations as well as developing and maintaining raw material processes and procedures. The key focus will be to ensure supply of assigned materials according to strategy and building efficiency and consistency in internal processes related to raw materials.

ESSENTIAL FUNCTIONS:


• Leads the development, alignment and implementation of sourcing strategies and supplier network capability and capacity for assigned materials.
• Manage the data related to assigned materials, including budget and price variance forecasts, volume reconciliations and developing visibility to impact of change to all raw material requirements.
• Develops and executes deployment strategies to meet business requirements in accordance to latest forecasts.
• Ensures the company’s ability to execute daily material ordering, deployment and procure to pay processes to meet business production requirements.

  • Coordinates timelines, inventories and transitions during material changes so as to minimize transition costs, without impact to CSLs. Creates visibility to financial impact of such changes.
  • Analyzes material market dynamics/ trends and price environment in order to manage price risk in accordance with Company Rick Management Policies
  • Selects and maintains supplier relations, negotiates prices and oversees contract and follows up on deliveries through completion.
  • Creates, measures and communicates supplier performance metrics to improve service and reduce costs.
  • Engages in reviews with suppliers and internal/external stakeholders based on total cost and works to optimize this total cost and drive productivity savings.
  • Works with suppliers and internal stakeholders on development of new materials, products or services to optimize opportunity.
  • Minimizes and communicates any service related issues to all internal stakeholders
  •  

OTHER RESPONSIBILITIES AS REQUESTED

 

 

QUALIFICATIONS:

 

  • Minimum 7-10 years in procurement experience.
  • Minimum 5 years in Direct raw material Buying, Contract Negotiations and Supplier Management 
  •  

PREFERRED SKILLS, COMPETENCIES AND EXPERIENCE:

 

  • Inter-personal communication skills, including verbal, written and presentation
  • Leadership skills
  • Market Analysis skills
  • Negotiation skills
  • Knowledge of purchasing principles, practices, methods and procedures used in CPG procurement.
  • Project and performance management, analytical, planning and problem solving skills.
  • Financial analysis experience
  • Must be able to work in an environment with free-roaming companion pets.
  • Pet parent preferred 

EDUCATION REQUIREMENTS:

 

  • Requires a BA (or equivalent) in business or related field.

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