Buyer / Planner

General Description: The Buyer/Planner will be responsible for procuring electronic components ensuring availability of materials/products necessary for production while optimizing inventory levels and controlling costs. The job scope includes production planning, supplier account management for PCBAs, inventory data upkeep, inventory management support. This role requires strong analytical skills, excellent communication abilities, and the ability to collaborate effectively with various internal and external stakeholders.

Position Responsibilities:

• Develop and execute procurement strategies for electronic components, including integrated circuits, capacitors, resistors, connectors, and other relevant parts.
• Identify and qualify suppliers of electronic components, negotiate pricing, terms, and contracts to ensure cost-effective procurement.
• Collaborate with engineering and design teams to understand technical specifications and requirements for electronic components.
• Analyze demand forecasts, production schedules, and inventory levels to determine optimal ordering quantities and timings.
• Monitor market trends and industry developments affecting electronic component availability, pricing, and lead times.
• Manage relationships with electronic component suppliers, ensuring timely delivery, quality assurance, and compliance with contractual agreements.
• Work closely with production and manufacturing teams to ensure seamless integration of electronic components into production processes.
• Maintain accurate records of electronic component procurement activities, pricing, supplier performance, and inventory levels.
• Identify opportunities for cost savings, process improvements, and risk mitigation in electronic component procurement and inventory management.

Qualifications:

• A minimum of 3 years of buying and planning experience in a manufacturing environment
• Previous electronic component purchasing experience, preferred.
• Strong negotiation skills with ability to secure favorable pricing and terms from electronic component suppliers.
• High attention to detail and quality of work, completing work with accuracy and in a timely manner.
• Ability to organize and manage multiple priorities and effectively deal with tight deadlines.
• Effectively communicate and collaborate with internal and external stakeholders.
• Strong analytical, organizational, and computer skills (MS Office Excel, Word, PowerPoint).
• Experience with ERP system: Microsoft Great Plains, preferred.

Education:

A Bachelor of Science degree in Supply Chain or related studies is preferred.