New Product Development Buyer – 835681



Job #: 835681
Salary: 74K per year
Industry: Manufacturing
Type:Direct Hire
Location: Madison, WI
Category: Professional/Technical Positions



Description / Qualifications

We are hiring a New Product Development Buyer for our Madison area client.

Description:

  • 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 (should change for a Buyer)

Job Type: Full-time

Salary: $74,000.00 /year