Buyer at LSI Industries, Inc.

Cranston, Rhode Island, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jul, 26

Salary

80000.0

Posted On

04 Apr, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Procurement, Supply chain management, Negotiation, Vendor management, Material requirements planning, Cost analysis, Inventory management, Contract negotiation, Quality control, Data analysis, Strategic sourcing, Supply chain optimization, Invoice processing, Material planning, Market research

Industry

electrical;Appliances;and Electronics Manufacturing

Description

Summary The Buyer position exists to support Company operations with an uninterrupted flow of materials and services. A source of cost saving and cost avoidance, to generate profits and maintain the organization's competitive position. Essential Duties and Responsibilities include the following. Other duties may be assigned. * Develops reliable and effective sources of supply. * Identifies investigates, selects, and develops competent and responsive suppliers. * Achieves higher value in the combination of price, quality, and service. * Negotiates agreements and addresses major problems. * Develops professional relationships with suppliers that ensure both the customer and supplier organizations benefit from the relationship. * Analyzes price and cost. Negotiates the lowest cost that is consistent with the level of quality and service required. * Processes debit memos. * Achieves maximum integration with other departments to improve material standardization, make or buy decisions, alternate sources or material options, quality, price, and delivery issues. * Manages the Supply Chain as a Commodity Team by supporting and developing the Material Planners to achieve joint goals in cost reduction, inventory turns, and on time shipments. * Maintains the MRP (Material Requirement Planning) system database for purchase parts according to the Material Control procedures. * Reviews requisitions. * Confers with vendors to obtain product information such as price, availability, and delivery schedule. * Selects products for purchase by testing, observing, or examining items. * Estimates values according to knowledge of market price. * Determines methods of procurement, such as direct purchase or bid. * Reviews bid proposals and negotiates contracts within budgetary limitations and scope of authority. * Maintains procurement records, such as items or services purchased, costs, delivery, product quality or performance, and inventories. * Discusses defective or unacceptable goods or services with inspection or quality control personnel, users, vendors, and others to determine source of trouble and takes corrective action. * Approves invoices for payment. * Expedites delivery of goods to users. * Participates in additional projects or services as directed by the Material Control Manager. * Works within the guidelines established in the Material Control procedures and Work Instructions regarding vendor visitation, quoting, commitments, and all Company policies. Supervisory Responsibilities This job has no supervisory responsibilities.

Responsibilities

The Buyer is responsible for managing the supply chain, identifying reliable suppliers, and negotiating contracts to ensure cost-effective procurement. They also maintain MRP system data and coordinate with internal departments to optimize material standardization and delivery schedules.