Buyer - Automation

2 months ago

Mississauga, Canada Lincoln Electric Company of Canada LP Full time

About Lincoln Electric

**MAJOR RESPONSIBILITIES**:
Responsible for managing relationships with suppliers for direct and indirect goods and services. Previous experience desired in buying or purchased product planning. The role includes executing purchasing requirements sourced by the Senior Buyers or from the corporate centers-led programs. Quoting and procuring MRO and non-strategic requirements for the location, while collaborating with the local management team and corporate centers-led management group.

**RESPONSIBILITIES**:
**- Must be able to travel throughout Canada, the USA and internationally as required by the Company**
- Owns their respective suppliers’ performance and related corrective actions necessary to meet and improve our operational performance
- Works closely with other departments to identify, evaluate, and develop qualified suppliers for assigned purchase requirements
- Participates in local management meetings, gaining a better understanding of the immediate priorities locally while communicating progress
- Manages external supply risk associated with supplier selections, including alternative sourcing strategies, inventory safety stocks, and supplier inventory programs (examples: VMI, Consignment, and other solutions to minimize risk)
- Improves Working Capital (WC) through stocking programs, extended payment terms and utilization of established Supply Chain Financing (SCF) program where appropriate
- Considers cost variables when selecting suppliers during the sourcing process (examples: logistic selections, title transfer, INCO terms, training, technical support, payment terms, pricing, lead times, order quantities, warranty, liabilities, and other factors based on specific budget and schedule requirements)
- Serves as member of cross-functional project teams to implement the most cost-effective value for procurement alternatives
- Establishes purchased material Standard Cost and provides forward guidance to expected cost variances. Communicates supply cost factor changes on a monthly basis while recognizing the importance to quoting and overall profit performance of the company
- Prepares and manages Requests for Quotation, Information, or Proposals (RFx) of local sourcing requirements
- Provides suppliers with forecasts and production schedule information as needed
- Engages in Continuous Improvement (CI) process for operational improvements of assigned procurement processes, including improvement in SAP transactions, master data accuracy, and implementation of new business systems related to S2P processes
- Gives close attention to detail and policies for supplier onboarding requirements (e.g. NDA to protect all intellectual property, tax documentation, vendor-master data collections of banking accounts, terms, and contact information)
- Other tasks assigned as a valued member of the organization

**MINIMUM EDUCATION**:

- Bachelor’s degree in supply chain management or business, or technical degree; other education considered with demonstrated equivalent years of experience in a similar role

MINIMUM EXPERIENCE & TRAINING REQUIREMENT:

- Minimum 2 years in a related procurement role with a bachelor’s degree; previous years of experience and professional referrals considered in lieu of education requirement
- Thorough working knowledge of purchasing policies, processes, and procedures for a publicly traded company
- Ability to read and interpret documents such as Part Prints, Bills of Material, Manufacturing Routings, and Job Order Forms
- Excellent interpersonal, communication, analysis, and problem-solving skills
- Strong computer proficiency with experience using Microsoft Office Suite and SAP or similar ERP
- Knowledge and experience using consumption-based and forecast-based planning methods
- Ability to prioritize work and adapt your work schedule to meet deadlines
- Demonstrate a strong attention to detail

If you believe you have what we are looking for and you want to make your mark in the #1 Arc Welding Company, we look forward to hearing from you

Work Location: In person

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