New Product Development Buyer – 835586



Job #: 835586
Salary: $73-74K
Industry: Manufacturing
Type:Direct Hire
Location: Madison, WI
Category: Professional/Technical Positions



Description / Qualifications

Our Madison area manufacturing client is hiring a New Product Development Buyer for a full-time, direct hire position.

Be valued as an individual! They are a family-owned company where talent and hard work are recognized and rewarded, people work as a team, and everyone is guided by a clear vision: to create the world’s most innovative refrigeration and cooking appliances. We are proud of what we do, and who we are.

DUTIES –

  • Select and certify suppliers based on quality, total cost, lead time, service, technical support, and financial stability.
  • Monitor, document, and communicate supplier performance in the areas of quality, delivery, and responsiveness to supplier corrective actions and sample submission requests.
  • Coordinate and facilitate early supplier involvement projects to insure adherence to industrial design intent, engineering specifications, and schedules, especially in support of new product development.
  • Formulate sourcing strategies to support short-term and long-term operational requirements.
  • Serve as a commodity specialist by tracking market trends and economic conditions affecting assigned commodities.
  • Submit timely reports concerning price trends, market conditions that affect supply, and recommendations for substitute materials and processes.
  • Research and implement opportunities for reducing component ‘total cost of ownership’.
  • Conduct on-site reviews of supplier facilities and product/process capability and capacity to assess current and potential supplier qualifications.
  • Lead and/or support supplier quality improvement initiatives and supplier quality assessments/audits.
  • Develop standard costs based on market/economic factors and projected price changes.
  • Analyze and explain any purchasing variances that occur. Special projects as assigned.

REQUIREMENTS:

  • Experience with new product development projects in varying sizes and durations.
  • CPSM or CPM certifications a plus
  • 3-5+ years experience of purchasing materials in a manufacturing environment