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Senior Buyer in Hartford, CT at SNI Financial

Date Posted: 10/4/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Hartford, CT
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/4/2019
  • Job ID:
    358997

Job Description


Senior Buyer
Bachelor's degree or equivalent experience.
EXPERIENCE AND SPECIALIZED KNOWLEDGE REQUIRED:

  • 5+ years experience purchasing in a metal working industry e.g. Manufacturing Engineering, Cost Accounting, Production Control, etc.
  • Experience in Aerospace, Automotive, or Defense Industries strongly desired.
  • Experience procuring complex machined parts.
  • Ability to read blueprints and experience with mechanical and technical manufacturing processes.
  • General understanding of business accounting, R.O.I. methods, electronic data processing techniques.
  • Negotiating skills.
  • Exposure to value analysis techniques.
  • Exposure to state and federal procurement desirable.


DESCRIPTION:

  • Establishes controls to assure availability of supplies, services and materials at the lowest possible cost consistent with quality and delivery requirements.
  • Comply with all internal, federal and state laws and procedures in the processing and administration of purchase orders.
  • Determine potential sources of supply from approved vendor list and issue quotations. Military/Commercial ISO 9000.
  • Negotiate costs, special terms and conditions, and delivery.
  • Acknowledges and expedites deliveries as necessary to meet operating requirements.
  • Forecasts trends in costs, lead times, etc.
  • Coordinate the disposition and return of rejected material and ensures timely replacement.
  • Maintain and update approved Vendor List to expand sources of supply. Maintain Small and Disadvantaged business participation to meet annual goal. (Military only)
  • Conducts visits and participates in vendors audits, e.g. facilities, capabilities, quality and support services.
  • Actively supports cost reduction programs generated by various functions. Provides ongoing value analysis.


RESPONSIBILITY FOR PERSONNEL:
May advise, counsel, train and direct buyers, expediters, trainees and/or clerical personnel.
FINANCIAL RESPONSIBILITY:

  • Complete responsibility for commitment and expenditure of funds for parts, material and services within his/her province.
  • Selection of most economical alternative between tooling investment, inventory investment and piece price with consideration for risk in obsolescence.
  • Maintain purchase price within yearly budgeted variance.


RESPONSIBILITY FOR POLICY DEVELOPMENT AND IMPLEMENTATION:

  • Identify Purchasing policy problems and propose changes.
  • Implement all Colt's company policies and procedures.
  • Procurement practice must comply with federal and state regulations.

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