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Form of workJob Description
Hendrickson is searching for a Commodity Buyer to join their team in Woodridge, IL. This individual will be responsible for performing the strategic purchasing function for assigned commodities, projects, and/or new product development programs to ensure realization of company business objectives. This individual will be recognized by the organization as a subject matter expert in at least one key commodity while working cross-functionally with all functional groups to manage supplier related opportunities and threats. They will be responsible for developing optimal supply chain solutions for assigned purchased material; taking an active role in improving processes and procedures to improve the overall effectiveness of the department.
Other duties include but are not limited to:
• Lead material cost reduction activities for assigned purchased material. Expected to independently identify cost reduction opportunities on a regular basis.
• Takes steps to minimize excess and obsolete inventory when usage is decreasing and negotiates to reduce costs when usage is increasing.
• Identifies and leverages opportunities by developing and managing contractual relationships as needed.
• Develop, foster, and enhance multi-departmental relationship(s) between Hendrickson Truck and key suppliers.
• Closes open supply base related issues efficiently and effectively.
• Assess current supply base on an on-going basis and recommend changes/alternatives that reduce purchased material cost and/or add higher value to purchased components.
• Monitor the marketplace for assigned commodities to identify trends, technology advancements, risk mitigation strategies, and cost-efficient alternatives to the status quo.
• Lead cross-functional analysis to prepare recommendation(s) for make vs. buy decisions.
• Consistently collaborates with other Hendrickson divisions to identify and leverage total spend and/or standardization opportunities that will reduce overall costs to Hendrickson.
• Ensure an uninterrupted supply of materials to production facilities through strategic management of the supply base.
• Completes risk analysis and risk mitigation projects to protect Hendrickson supply.
• Completes all purchasing tasks involved with the engineering change request process (e.g., RFQ, negotiation of costs and timing, supplier PPAP, etc.).
• Coordinate all aspects of Hendrickson "Warranty Recovery" Program regarding established warranty parameters for assigned commodities.
• Clearly documents relevant information about assigned parts and suppliers per department documentation guidelines.
• Maintains pricing agreements for all assigned purchased material and resolves any invoice discrepancies in a timely manner.
• Monitor and account for all fluctuations in purchase price variance (PPV) for assigned purchased material.
• Other duties as assigned.
The successful candidate will possess:
• Bachelor's degree or MBA in Business or related field.
• Supply Chain concentration preferred.
• Professional designations or Certifications by recognized Purchasing organizations preferred.
• 2+ years of related supply chain work experience.
• Competence with Microsoft Office software required.
• Familiar with and working experience in an IATF-16949 or other Quality regulated manufacturing environment.
• Demonstrated negotiation success.
• Proficient in reading blueprints for engineered components.
• Demonstrated interpersonal and problem-solving skills required.
• Ability to plan, prioritize, and manage workload with independence.
• Highly competent communicator.
• Proven ability to concisely summarize, present, and discuss analysis & recommendations.
• High energy level and strong self-motivation.
• High standards of integrity required.
• Planning and organizational skills with an ability to handle a multitude of projects.
Hendrickson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Additional Information
Other duties include but are not limited to:
• Lead material cost reduction activities for assigned purchased material. Expected to independently identify cost reduction opportunities on a regular basis.
• Takes steps to minimize excess and obsolete inventory when usage is decreasing and negotiates to reduce costs when usage is increasing.
• Identifies and leverages opportunities by developing and managing contractual relationships as needed.
• Develop, foster, and enhance multi-departmental relationship(s) between Hendrickson Truck and key suppliers.
• Closes open supply base related issues efficiently and effectively.
• Assess current supply base on an on-going basis and recommend changes/alternatives that reduce purchased material cost and/or add higher value to purchased components.
• Monitor the marketplace for assigned commodities to identify trends, technology advancements, risk mitigation strategies, and cost-efficient alternatives to the status quo.
• Lead cross-functional analysis to prepare recommendation(s) for make vs. buy decisions.
• Consistently collaborates with other Hendrickson divisions to identify and leverage total spend and/or standardization opportunities that will reduce overall costs to Hendrickson.
• Ensure an uninterrupted supply of materials to production facilities through strategic management of the supply base.
• Completes risk analysis and risk mitigation projects to protect Hendrickson supply.
• Completes all purchasing tasks involved with the engineering change request process (e.g., RFQ, negotiation of costs and timing, supplier PPAP, etc.).
• Coordinate all aspects of Hendrickson "Warranty Recovery" Program regarding established warranty parameters for assigned commodities.
• Clearly documents relevant information about assigned parts and suppliers per department documentation guidelines.
• Maintains pricing agreements for all assigned purchased material and resolves any invoice discrepancies in a timely manner.
• Monitor and account for all fluctuations in purchase price variance (PPV) for assigned purchased material.
• Other duties as assigned.
The successful candidate will possess:
• Bachelor's degree or MBA in Business or related field.
• Supply Chain concentration preferred.
• Professional designations or Certifications by recognized Purchasing organizations preferred.
• 2+ years of related supply chain work experience.
• Competence with Microsoft Office software required.
• Familiar with and working experience in an IATF-16949 or other Quality regulated manufacturing environment.
• Demonstrated negotiation success.
• Proficient in reading blueprints for engineered components.
• Demonstrated interpersonal and problem-solving skills required.
• Ability to plan, prioritize, and manage workload with independence.
• Highly competent communicator.
• Proven ability to concisely summarize, present, and discuss analysis & recommendations.
• High energy level and strong self-motivation.
• High standards of integrity required.
• Planning and organizational skills with an ability to handle a multitude of projects.
Hendrickson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Additional Information
- Requisition ID: 23000197
