Senior Buyer

Fortive La Vergne , TN 37086

Posted 2 months ago

Senior Buyer

Reports to: Commodity Manager

Location: Corporate - LaVergne, TN (potentially remote work)

Purpose of Position

The Senior Buyer is responsible for obtaining materials, products and services from suppliers that meet Hennessey's quality, delivery, and cost requirements. This role is responsible for providing procurement support and coverage on spend categories, ensuring competitive cost sourcing of quality goods and services. The Senior Buyer is also responsible for commodity leadership, strategy, and implementation of key procurement processes within assigned commodities / categories, ensuring key procurement objectives are met.

Scope and Impact of Position Responsibilities

This position significantly impacts Hennessy Industries and will be used as path to other positions within Supply Chain/Procurement.

Key Responsibilities

  • Act as Hennessy's primary interface for its customers in communication to suppliers

  • Develop a strong understanding and knowledge of assigned suppliers and capabilities

  • Negotiate and implement long term supply agreements including pricing, VMI, stocking agreements, payment terms, and blanket order agreements to maximize working capital turnover

  • Manage supplier relationships to ensure continuity of supplies that meet the quality, delivery, cost, service, and performance standards of Hennessy

  • Develop and deploy creative sourcing strategies and innovative procurement processes to aid business performance

  • Identify funnel projects with future potential savings and resources required to execute

  • Develop, execute, and analyze requests for quotes/proposals (RFQ/RFP) and select best source consistent with quality, delivery, and cost objectives

  • Initiate and lead continuous improvement initiatives (PPV, VAVE, inventory reduction, etc.) to meet and exceed Hennessy's objectives

  • Assess and communicate supplier performance and develop risk mitigation plans as needed

  • Reduce/optimize complexity of supply chain to support domestic as well as global requirements

  • Work cross functionally to execute continuous improvement objectives and process (ECN's) Engineering change notices as needed

  • Resolve and prevent invoice discrepancies with accounts payable and suppliers

  • Expected travel ~10%

Measures of Performance

  • Cost Savings

  • DPO (Days Payable Outstanding) Improvement

  • Inventory Turnover/Working Capital Improvement

  • Supplier Performance

  • Spend with Preferred / Qualified Suppliers

  • Supplier Quality PPM

Success Factors Profile

  • Embrace and actively contribute to the Hennessy culture of continuous improvement

  • Results orientated with the ability to plan and deliver against project deadlines

  • Strong negotiation, communication, interpersonal and influencing skills

  • Engages interest and participation of others and has a collaborative approach to working with others

  • Resilient, self-motivated and able to work well under pressure

  • Ability to manage and prioritize multiple projects/work streams simultaneously

  • Functions effectively as a team member in fast-paced, multi-disciplinary environment.

  • Analytical, numerically astute with strong proven problem-solving abilities

  • Commercially and financially aware

Background and Skill

  • BS degree (Supply Chain, Business, Operations, Engineering, or Logistics preferred) or equivalent combination of education and relevant experience

  • Minimum 5 years in Procurement, Purchasing, or Sourcing role; preferably in a manufacturing environment

  • Experience sourcing Mechanical, Electromechanical, and Electronics commodities preferred

  • Experience sourcing from Low Cost Regions preferred

  • Strong leadership and project management experience with the ability to operate independently, affect change across functions with track record of delivered results

  • Understanding of Lean Manufacturing and Continuous Improvement concepts

  • Comprehensive knowledge of purchasing and a basic understanding of the materials and supply chain management functions

  • Strong interpersonal skills; ability to forge internal customer and external supplier relationships

  • Well-developed written and verbal communication, listening and presentation skills

  • Intermediate to advanced computer skills with proficiency in MS Office suite and other work-related software: Excel

Fortive is a diversified industrial growth company comprised of global businesses that are recognized leaders in attractive markets. With more than $6 billion in annual revenues, Fortive's well-known brands hold leading positions in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution.

Fortive is headquartered in Everett, Washington and employs a team of more than 24,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 40 countries around the world. Our team grows by tackling challenges that accelerate progress and further their careers. With a culture rooted in continuous improvement, the core of our company's operating model is the Fortive Business System. For more information please visit: www.fortive.com.

With facilities in the U.S., Canada and abroad, Hennessy Industries is one of the world's foremost manufacturers of aftermarket wheel-service equipment. Hennessy designs, builds and markets equipment, accessories and consumables under three renowned brand names: AMMCO, COATS and BADA.

For more than 50 years, BADA has provided one of the most comprehensive selections of wheel weights in the world, and it is now leading the transition from lead weights to the most environmentally friendly alternative - steel.

Hennessy constantly solicits feedback from customers to understand their unique needs and challenges. This open dialogue allows us to continually refine our existing products as well as develop new tools and equipment to meet the demands of a changing marketplace.

"The company in which you have expressed employment interest is a subsidiary or affiliate of Fortive Corporation. The subsidiary or affiliate is referred to as a Fortive Company. Fortive Corporation and all Fortive Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, ancestry, sex (including pregnancy, childbirth and related medical conditions), age, marital status, disability, veteran status, citizenship status, sexual orientation, gender identity or expression, and other characteristics protected by law. The "EEO is the Law" poster is available at: http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. Individuals who need a reasonable accommodation because of a disability for any part of the employment process should call 1-866-272-5573 or e-mail applyassistance@fortive.com to request accommodation."

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Senior Buyer

Fortive