Buyer

Posted 5 Days Ago
Be an Early Applicant
Long Grove, IL
Mid level
Logistics • Sales
The Role
The Buyer is responsible for procuring goods and managing material costs while balancing inventory levels across warehouses. The role involves negotiating with vendors, placing purchase orders, providing cost analysis, and collaborating with various internal teams and external suppliers to ensure timely delivery of goods.
Summary Generated by Built In

Company Description

Established in 1984 as Midwest Air Technologies, Inc. (MAT Holdings, Inc.) is a $2.2 billion multi-national company with manufacturing operations, distribution centers and sourcing offices worldwide. The company’s core businesses include the production, sales and service of products in the fencing and hardware, automotive and power equipment sectors. MAT is a family of companies and products offering countless opportunities enabled by our global presence in 12 countries and 14,000 employees.

Job Description

Be responsible for procuring goods, managing material cost and balancing inventory levels for assigned product categories across warehouses. Work closely with vendors to negotiate pricing and ensure goods delivery in a timely fashion. Provide procurement related reports with analyses to the department manager. Special assignment may be assigned as needed.

Principle Responsibilities

  • Manage and work collaboratively with vendors throughout the sourcing and purchasing process
  • Handle purchase order placement to suppliers for domestic orders, direct import as well as containerization
  • Monitor and control inventory level to reflect product seasonality
  • Provide cost analysis and landed cost to sales and marketing teams
  • Procure merchandise in a timely fashion per demand and forecast
  • Coordinate with suppliers to determine material availability and shipment status
  • Work with vendors to resolve procurement issues including but not limited to price, quality, service and delivery
  • Collaborate with demand planer, sales, marketing, customer service, accounting, IT, logistics, warehouse, Import Department and custom brokers for inventory fulfillment
  • Qualify and recommend potential vendors based on sourcing procedures, research, and analysis
  • Lead cost-out initiatives for assigned product lines
  • Act as liaison between internal stakeholders and external vendors
  • Manage both internal and external factory audits with the Asian Sourcing Coordinator
  • Represent Sourcing on distribution and logistics initiatives
  • Work collaboratively with the Sales and Marketing teams to support new product and program launches
  • Cross-train on essential Purchasing functions utilizing SAP and the MRP system
  • Negotiate contracts and agreements and ensure compliance with corporate standards

Qualifications

Competencies

  • Proven ability to implement and execute initiatives supporting the corporate strategy.
  • Capable of handling complex project management.
  • Proven ability to negotiate, making sound decisions in a timely manner.
  • Demonstrate cross-functional leadership (internal or external).
  • Strong critical thinking and problem-solving skills.
  • Excellent written and verbal communication skills with the ability to present data organizationally.
  • Delivers commitments and strong follow-up skills.
  • Highly organized, results-driven, and an ability to work in a fast-paced environment.

Education/Experience:

  • Bachelor’s Degree
  • Minimum three years of global sourcing experience
  • Bi-lingual (English/Mandarin) a plus
  • Working knowledge of MRP systems (SAP a plus)
  • Experience with Microsoft Office Products (Excel, Outlook, etc.)

Additional Information

All your information will be kept confidential according to EEO guidelines.

Top Skills

Mrp
SAP
The Company
HQ: Long Grove, IL
602 Employees
On-site Workplace
Year Founded: 1984

What We Do

MAT Holdings is a diversified, privately-held family company with a portfolio of companies that manufacture, market, and distribute quality products and trusted brands to the hardware and fencing, automotive, and power equipment industries. MAT Holdings Inc. was formed in 1984 as Midwest Air Technologies Inc. with its current headquarters located in Long Grove, IL. Today, the company has grown to include six subsidiary companies within the U.S. and twelve worldwide and employs roughly 13,000 people.

The company’s core businesses include the production, sales and service of products in the automotive, fencing and hardware and power equipment sectors. Customers include home improvement centers, mass and specialty retailers, hardware and farm co-ops, wholesale distributors, warehouse clubs, OEMs, OE suppliers and others.

MAT has operations on three continents including 2.1 million sq. ft. of strategically positioned warehousing and manufacturing space throughout the U.S.

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