Lead Buyer Job Description
Lead buyer
provides inputs for any new business development opportunities in terms of solution review, planning and estimation etc.
Lead Buyer Duties & Responsibilities
To write an effective lead buyer job description, begin by listing detailed duties, responsibilities and expectations. We have included lead buyer job description templates that you can modify and use.
Sample responsibilities for this position include:
Determine the regional procurement strategy for the commodity portfolio
Manage assigned projects / suppliers respective commodity buy
Implement commodity strategies aligned to UK and Global strategic approach
Develop strategic approach and tactical sourcing for local demand outside of pooled commodity spend
Develop effective communication network with key Divisional/BU Stakeholders, Regional Commodity Managers and other UK Divisional Leads
Coordinate, help direct perform all required functions from initiation of an intent to purchase through satisfactory delivery of materials
Ensure MSDS are supplied during purchase of chemicals/oils
Closely work with sourcing project representatives (Project Sourcing Manager, ..)
Building global strategy together with Global HR being the main stakeholders including make or buy approach
Select Manage key supplier relationships including working with country buyers
Lead Buyer Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Lead Buyer
List any licenses or certifications required by the position: ISM, CPIM, CPM, VCA, APICS, CPPB, ISO, ERP, PMP, MRP
Education for Lead Buyer
Typically a job would require a certain level of education.
Employers hiring for the lead buyer job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Engineering, Business, Business/Administration, Technical, Education, Business School, MBA, Supply Chain Management, Associates, Management
Skills for Lead Buyer
Desired skills for lead buyer include:
Markets
Services and contracts
Indirect Spend in terms of business dynamics
Commodity
Innovation requirements and growth opportunities
Category in terms of products
Accounts payable and finance
Operations
Industry specific quality registration schemes
Materials planning systems requirements and order generation process logic
Desired experience for lead buyer includes:
Lead or support global and local tenders where Permanent Recruitment expertise is needed as part of the global strategy
Lead or support global or local contract negotiations where Permanent Recruitment expertise is needed
Search of creative approaches to deliver savings in the area of Permanent Recruitment
Support HR with quarterly spend report analysis to get the external cost per hire calculation
Consolidate and analyze reporting from PSL suppliers, implement actions if necessary
Communicate best practices/processes, share outcome of data analysis
Lead Buyer Examples
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Lead Buyer Job Description
Job Description Example
Our company is growing rapidly and is looking for a lead buyer. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for lead buyer
- Creates purchase orders and supply agreements
- Leads planning processes to identify upcoming needs
- Identifies key purchasing criteria for each material or service being sourced
- Utilizes practices such as RFQ, bid analysis, negotiation, and partnering to ensure maximum value for expenditures
- Maintains awareness of current market conditions, new products, and supply sources for assigned commodities, new technologies, assigned business units and methods that enhance value of purchasing process
- Receives and reviews purchase requisitions for materials and services for completeness and proper level of approval
- By writing and updating local and/or regional policies/guides/procedures and general documents
- By organizing the relationship between Internal Customers, buyers and vendors
- By analyzing noncompliant processes and setting up correctives action plans
- Establish and build relationships with global hardware purchasing lead(s)
Qualifications for lead buyer
- Minimum undergraduate degree in Business, Supply Chain Management, Engineering, Materials Management or relevant discipline required
- CPM (Certified Purchasing Manager), APP (Accredited Purchasing Practitioner) preferred
- Demonstrated networking ability with strong negotiations skills
- Leads commercial discussion on T&C’s and fully understands commercial implications
- Engage suppliers for complex problem solving
- Performance Excellence
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Lead Buyer Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of lead buyer. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for lead buyer
- Manage frame agreements and ensure compliance
- Ensure all sourcing and supply arrangements are safe and secure
- Manage supplier relationships for the assigned areas
- Ensure a flawless selection of the most attractive bidder by conducting commercial, contractual, technical and legal clarifications with the support of internal stakeholders such as Legal and the Package Manager
- Expedite the quotations and perform the commercial bid clarifications as required
- Prepared the Recommendation To Purchase (RTP) and Commercial Bid Evaluation (CBE)
- Train and educate your team members where required
- Be able to coordinate and lead a team
- Prepare RFQs/ RFPs, solicit and evaluate supplier proposals, while employing appropriate negotiation and should cost analysis techniques using available expertise from supporting organizations
- Optimise Cost Savings (CNI, CNI+) and value add opportunities across Indirect Material within the EM Division
Qualifications for lead buyer
- By reporting on his/her specific activity and KPIs
- By communicating immediate and concise reports on critical issues
- By providing his/her Internal Customers with an accurate spend ma
- By providing his/her Internal Customers with an accurate spend map
- 2+ plus years minimum of procurement experience or related field
- A minimum of a Bachelor’s degree from an accredited four-year college or university is required
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Lead Buyer Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of lead buyer. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for lead buyer
- Implementation of ‘demand management’ initiatives - changing business behaviours and processes
- Implement Supplier Management process with key local demand suppliers to drive innovation & value add
- Drive P2P process efficiencies across the division such as OneSRM, Fieldglass, e-catalogue, e-invoicing
- Customer and Stakeholder Management including development and implementation of Divisional Collaboration Agreement
- Management of additional EM Indirect Material resource
- Maintains a working knowledge of Federal Acquisition Regulations and standard commercial procurement practices
- Reviews purchase requisitions for clarity, compliance, detail, completeness, and obtain additional information considered necessary
- Develops sourcing lists for various commodities to support the development of requests for information (RFIs), quotations (RFQs), proposals (RFPs) and invitations to bid and interviews potential suppliers
- Reviews solicitation responses and perform relevant analyses to include price and cost, ensure conformity to Statement of Work, delivery terms, payment terms, and other terms and conditions of the procurement
- Serves as a business advisor to internal customers, providing alternative solutions to requested items when such solution would provide a benefit to the Company
Qualifications for lead buyer
- Solid financial understanding (TCO – total cost of ownership) with the capability to perform both on a strategic planning level in executing the defined long term plans successfully
- Technical negotiations
- Companies & commercial laws
- Finance & cash management
- Logistics (consignment, VMI incoterms)
- Good ability for communication
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Lead Buyer Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of lead buyer. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for lead buyer
- Generates Purchase Orders in final form for approval and signature
- Prepares and maintains a complete Purchase Order file in accordance with Federal Acquisition policies, Corporate Procurement guidance, and other applicable references to ensure compliance throughout the procurement cycle
- Procures using streamlined acquisition methods such as purchase card transactions
- Actively manages the procurement process from order placement through receipt of products and subsequent payment of invoices
- Actively manages supplier performance through consistent communication to ensure proper adherence to purchase order terms and conditions
- Resolves discrepancies between purchase orders and receipt documents and invoices
- Participates in the invoice approval process to ensure that supplier invoices are in accordance with purchase order terms and conditions, and resolve issues as necessary
- Plans, organizes, prioritizes and performs multiple tasks to perform job functions in an orderly, efficient manner
- Works professionally in a team environment and independently as necessary
- Provides leadership and oversight to less experienced Buyers
Qualifications for lead buyer
- Medium & long term vision ability
- Business School or Engineering degree with master in purchasing
- Minimum 7-10 years in the rail industry Supply Chain work experience
- Bachelor’s Degree in Electrical or Mechanical Engineering required, M.S
- Strong understanding of manufacturing processes special processes
- Flexible and adaptable to react to operational changes
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Lead Buyer Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of lead buyer. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for lead buyer
- Identifies problems, analyze alternatives, and develop viable recommendations
- Reads, comprehends and interprets written materials of moderate to complex difficulty
- Composes written materials of moderate to complex difficulty on procurement-related issues
- Acts with integrity at all times when representing the Company
- Provide reports, information, analysis , as required, in a timely and professional manner
- Maintain good level of relationship with suppliers strong partnership with cross functional teams
- Maintains record for vendors and their services
- Complete strategic analysis of new plant and engineering initiatives, including supplier evaluation, negotiation of terms and conditions supplier recommendation and selection
- Long Term Agreement contract development and execution to secure the most favorable terms and conditions for VPA
- Receive and analyze engineering drawings, and determine which suppliers are best suited for inclusion on the formal request for quotation (RFQ)
Qualifications for lead buyer
- Multi-cultural abilities
- Ideally degree level and working towards or achieved MCIPS qualification or equivalent
- Ability to set and work towards a specific goal, especially business goals, identifies risks and plans for contingencies to ensure delivery
- Identify opportunities in own area to contribute to the commercial success of the company
- Need to be well organised, able to work well under pressure, change priorities at short notice as and when the need should arise and
- Self driven with the ability to work independently with a high level of autonomy