Sourcing Buyer Job Description
Sourcing buyer
provides leadership for strategic sourcing- qualified supply network, business continuity, supplier risk management – capacity & financial, logistics, contract management, supplier commercial negotiations, cost/spend management –supplier on boarding/off boarding, and resource management decisions.
Sourcing Buyer Duties & Responsibilities
To write an effective sourcing buyer job description, begin by listing detailed duties, responsibilities and expectations. We have included sourcing buyer job description templates that you can modify and use.
Sample responsibilities for this position include:
Represent transactional / local sourcing issues on commodity council conf
Establish, manage and develop a capable supply base for category requirements
Collaborate with other SVM regions and teams to ensure integrated delivery of procurement support
Conduct periodic market research for assigned categories to include monitoring of market trends and supply/demand factors, technology advancements and communications to help in the decision making process to meet the strategic goals of the organization
Specific to commodities ensuring that information held on these is consistent with core purchasing systems
Use of systems and tools specific to commodities ensuring that information held on these is consistent with core purchasing systems (SAP etc)
Issues POs based on contractual terms held in SAP
Management and creation of hands-free solution (catalog ) Categories managed are both IT Products, Services and Network hardwares&maintenance services
Proactively seek cost reduction through research, communication and planning through applying effective purchasing techniques
Draw out and implement TCO programs with vendors for better supply chain solutions and benefit of both – mill/plant and its suppliers
Sourcing Buyer Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Sourcing Buyer
List any licenses or certifications required by the position: CPM, APICS, ISM, CPSM, JLPT, PG26, N2, N1, C.P.M, C.P.S.M
Education for Sourcing Buyer
Typically a job would require a certain level of education.
Employers hiring for the sourcing buyer job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Engineering, Business, Supply Chain Management, Finance, Business/Administration, Technical, Economics, Business/Management, Education, Management
Skills for Sourcing Buyer
Desired skills for sourcing buyer include:
Business Organization and Processes
Work instructions
Expedited purchase orders
Facilities
MRO
Cost analysis
Enterprise Resource Planning systems
Agile Practice
Critical factors affecting sourcing and supplier management
ERP systems – SAP
Desired experience for sourcing buyer includes:
3- 5 years experience in Purchasing/Procurement
Proven extensive experience in purchasing – General commodity experience acceptable
Excellent PC skills (Microsoft Excel, Access, Word, PowerPoint, MS Project)
Position will focus on Sales and Marketing Spend, Small Parcel Logistics Management, and Supplier Management
Knowledge of supply chain programs (consignment, JIT, VMI, ) and ability to manage project execution of these programs
Familiar with ASEAN countries culture and business practice a plus (nice to have)
Sourcing Buyer Examples
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Sourcing Buyer Job Description
Job Description Example
Our innovative and growing company is looking for a sourcing buyer. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for sourcing buyer
- Manage relationship with existing suppliers and seek new opportunities
- Seek cost improvements in purchased products
- Correlate data with underlying market drivers
- Assist with data entry and compliance reporting
- Support contracts’ implementations
- Lead, negotiate and execute all sourcing activities in every phase of the product life cycle
- Provide mills with detailed and timely information about terms and conditions of procurement contracts
- Support change management and stakeholder’s engagement
- Process purchase requisitions via the MyShop (Procure-to-Pay) system
- Review & approve contract/amendment/Statement of Work/Change Requests/ call-off agreement against already established and negotiated rate card/ master agreement
Qualifications for sourcing buyer
- Responsible for contract execution and storage of executed contracts in a central repository
- Align to category strategies when executing sourcing transactions
- Ability to execute high volume of purchase requisitions with zero error
- Proactively communicate with functional team lead for clarification & bottleneck situations in approving/rejecting purchase requisitions
- Follow-ups with internal stakeholders, internal team & vendors for required information and approvals
- Establish regular communications with internal business partners on requisitions status
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Sourcing Buyer Job Description
Job Description Example
Our growing company is looking for a sourcing buyer. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for sourcing buyer
- Assist sourcers during RFP/RFI/bidding process
- Support transactional sourcing and sourcing category teams
- Drive Lean process improvements to mitigate and reduce fulfillment risk caused by both internal and external issues
- Monitor PO cancellation requests (RTC) on a daily basis
- Coordinate subcontract and special processes in support of product requirements
- Expedite/prioritize orders as required to meet customer needs
- Track & monitor bids, proposals, projects and programs, develop reports to monitor results
- Negotiate pricing and award purchase orders
- Update material status and coordinate items that are critical or high visibility to the company
- Liaison between suppliers and value stream to assure continuing support of company, customer, and supplier objectives
Qualifications for sourcing buyer
- Hands-on experience working within the Sourcing & Procurement field and transformational related topics within industry or consulting
- Should have a good understanding of at least one key Sourcing and Procurement supportive tools
- Skilled in using MS Excel and MS PowerPoint, MS Access
- Fluent German and excellent English communication skills (written & spoken) required
- 8 years or more experience in SCM, Procurement, Sourcing, Buying, or Planning as Analyst or Planner
- More than 5 years’ experience in Production planning & Material management
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Sourcing Buyer Job Description
Job Description Example
Our growing company is looking to fill the role of sourcing buyer. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for sourcing buyer
- Procuring at a competitive price
- Effective management of worldwide supply base
- Effective management of short and long term procurement contracts
- Management of budget spend
- Monitoring and evaluation of the performance of the category, constantly reviewing outstanding commitment identifying opportunities and risk
- Maintains systems integrity as required, all paperwork
- Review and/or write vendor/supplier agreements to insure appropriate legal terms and conditions on behalf of all sites
- Manage and maintain the taxonomy/segmentation in his/her scope, taking into account the impact on Operation and Project
- Research product availability, pricing, specifications, and product usage requirements and/or recommendations
- Communicate on a regular basis the above information to all Corporate Purchasing Offices, Regional Purchasing Offices, Directors of Purchasing, Hotel Purchasing staff and other hotel departments, as required
Qualifications for sourcing buyer
- Strong communication, negotiation and interpersonal skills is essential, ability to work under pressure
- Significant experience in production planning in an ERP based system
- To generate the plan for specific products and maintain detailed knowledge of its status advising the Supply Chain
- Proven ability to effectively manage a number of suppliers
- Ability to effectively interact and communicate with customers
- University degree in technology and/or business administration
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Sourcing Buyer Job Description
Job Description Example
Our company is searching for experienced candidates for the position of sourcing buyer. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for sourcing buyer
- Manage existing purchase orders to ensure completeness and accuracy, reflecting the latest requirements, terms and conditions and in compliance with company-supplier agreements, and with all governing regulations
- Place order with appropriate supplier using the PeopleSoft purchasing program
- Provide Accounts Payable with the necessary information to ensure billing accuracy and payment reconciliation to the suppliers
- Work closely with Accounts Receivable to ensure accuracy of invoicing to the properties
- Assist the Credit Office to establish new property accounts as needed
- Effectively manage supplier contracts and product data, inclusive of catalog content, product specifications, photographs and descriptions, pricing and file retention
- Collect and manage electronic purchasing data from current distributors nationwide for preparation of analysis studies and to identify leverage opportunities
- Assist corporate departments in identifying hotels that are not following established purchasing programs and/or specifications
- Assist in negotiations with suppliers as necessary on new procurements or changes to existing purchase orders
- Responsible for ensuring that active purchase orders are complete and accurate at all times reflecting the latest requirements and terms and conditions and ensure they are in compliance with company-supplier agreements and with all governing regulations
Qualifications for sourcing buyer
- Business systems expertise with ERP solutions
- Bachelor’s degree in Business or similar field of study or equivalent experience
- Five (5) to ten (10) years of industrial Purchasing experience
- CPM or CPSM active certification
- BS degree in Business Management or equivalent
- 3-5 years of Purchasing/Planning in a manufacturing environment
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Sourcing Buyer Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of sourcing buyer. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for sourcing buyer
- Conduct on-site supplier visits occasionally
- Assist in the research of new trends within the industry and evaluate new products and their potential application to the brands and report findings
- Identify sources of supply that will be able to assist on a global basis and report findings to the Directors of Purchasing and Strategic Sourcing
- Work closely with diversity on establishing W/MBE where appropriate
- Identify and screen W/MBE suppliers and manufacturers using a questionnaire and RFI, include W/MBE suppliers and manufacturers in the RFQ's and RFP's process
- Interface with discipline managers and/or brand managers regarding product specifications and standards
- Maintain accurate specifications by hotel brand
- Work with suppliers, manufacturers, and cross-functional teams to conduct product testing, blind evaluations, and product rationalization
- Determine new and innovative ways to reduce product costs and/or improve product quality
- Standardize commonly purchased items
Qualifications for sourcing buyer
- Strong analytical skills with the ability to define problems, collect data, establish facts and develop an action plan
- Experience working with foreign suppliers, especially located in Asia & Mexico
- Understanding of the regulatory requirements in dealing with suppliers
- Ability to work effectively in teams, handling multiple priorities simultaneously, developing and executing effective action plans
- Bachelor of arts degree preferred in Operations, Business, Economics, Mathematics, Liberal Arts or Bachelor of Science degree in engineering
- Familiarity with manufacturing cost accounting practices