The Procurement Buyer is responsible for executing day to day sourcing activity with the goal to meet or exceed the expectations of the organization, sourcing at best overall value considering price, quality, and delivery.

Responsibilities

• Oversee all Program Purchasing activities and execute decisions in line with customer demands and commodity strategies.

• Manage the Suppliers within the assigned programs throughout program life (Request for Quotes RFQ, change management, contract negotiations, payment queries, dispute resolutions etc.)

• Perform cost analysis on goods purchased through competitive bidding, and/or cost breakdown analysis.

• Purchase goods, materials, and services that meet or exceed the cost, quality, and delivery targets.

• Utilize strategic sourcing practices to select best value suppliers, and execute sourcing as specified by internal processes.

• Prepare purchase orders in line with final negotiations with selected suppliers and in line with program targets and requirements.

• Communicate and work to mitigate any supply problems which may impact our business operations.

• Guarantee compliance with internal systems such as YF IOS, PMP, etc. to meet audit requirements.

• Support of Make or Buy decisions.

• Support Materials Best Practice Activities (incl. VA / VE and Kaizen).

• Actively seek and implement opportunities for cost reductions, quality improvements, and speed of delivery with suppliers for the overall benefit of the company and our customers.

• Lead discussions with suppliers on changes to product, processes or cost that will affect the agreement or relationship.

• Identify risks in the supply chain, and drive solutions to mitigate risks.

• Act as the interface between suppliers and other departments at Yanfeng.

• Ensure the suppliers compliance with the PO and agreement terms and conditions.

• Travel to suppliers and internal plants up to 25% of the time.

Qualifications

• Bachelor's level degree, supply chain management or similar.

• 1-3 minimum years of experience within the industry, automotive or commodity related, purchasing experience, operational and strategic industry.

• Knowledge of purchasing systems and procedures.

• Practice good communication, negotiation, interpersonal, and influencing skills.

• Planning, negotiations, and contract management experience.

• Practical technical knowledge of Purchasing and ERP systems.

• Able to manage time effectively and prioritize tasks.

• Able to work well under pressure and handle emergency and stressful situations well.

• Manage and maintain required documentation.

• Practice good project management skills.