Senior Buyer

Job Overview: We are seeking a dedicated and detail-oriented Commodity Buyer to join our procurement team. The Commodity Buyer will be responsible for sourcing, negotiating, and purchasing commodities essential to our organization's operations. This role requires a deep understanding of market trends, supplier management, and excellent negotiation skills. The ideal candidate should be analytical, resourceful, and capable of building strong relationships with suppliers. If you have a passion for procurement and a keen eye for identifying cost-saving opportunities, we invite you to apply for this exciting position. Key Responsibilities: Market Analysis: Stay updated with market trends, commodity prices, and supplier capabilities to make informed purchasing decisions. Supplier Management: Identify, evaluate, and negotiate with suppliers to secure advantageous terms and agreements. Develop and maintain strong relationships with key suppliers. Cost Optimization: Implement cost-effective purchasing strategies without compromising quality and reliability. Continuously seek opportunities to reduce procurement costs. Contract Negotiation: Draft and negotiate contracts, ensuring favorable terms and conditions. Monitor contract performance to ensure compliance. Quality Assurance: Collaborate with quality control teams to ensure purchased commodities meet the required standards and specifications. Inventory Management: Work closely with inventory management teams to maintain optimal stock levels and prevent shortages or overstock situations. Risk Management: Proactively identify potential risks in the supply chain and develop contingency plans to mitigate disruptions. Compliance: Ensure compliance with relevant regulations, company policies, and ethical standards in all procurement activities. Reporting: Generate regular reports on procurement metrics, cost savings, supplier performance, and market trends. Analyze data to make data-driven decisions. Qualifications and Skills: Bachelor’s degree in Business, Supply Chain Management, or a related field. Master’s degree is a plus. Proven experience as a Commodity Buyer or in a similar procurement role, preferably in the [specific industry or sector]. Strong negotiation, communication, and interpersonal skills. Analytical mindset with the ability to interpret complex data and market trends. Proficiency in procurement software and tools. Knowledge of supply chain management principles and best practices. Detail-oriented and capable of managing multiple tasks simultaneously. Ability to work collaboratively in a team and independently with minimal supervision. Ethical and professional conduct in all interactions.