Senior Buyer

Position Title: Senior Buyer

About Us: Established in 1988, Parmerit is a leader in custom machining, fabrication, and automation. Parmerit works with the latest technology to design and fabricate automated systems and parts for a diverse client base across a variety of industries, including automotive, pharmaceutical, aerospace, and defense. Through the past 30 years, we have been dedicated to being an elite supplier of service, quality, and technical expertise.

We value passionate and highly motivated team members who want to make a difference. We pride ourselves on our culture of working as a team to find innovative solutions, relentlessly pursuing excellence, and taking on challenging assignments.

At Parmerit, our goal is to be a partner in business, and to help our customers realize increased value through our products and services. We aim to serve our customers with passion and pride. We are growing our business and are looking for team members who desire to join in this challenge. If you are a passionate about the future and have the drive to succeed, send us your resume.

We look forward to growing with you!

Role Purpose: The Senior Buyer is responsible for sourcing and purchasing products or services to ensure that operational needs are met, taking price, quality and delivery into account. They will develop supply sources by interviewing potential suppliers, visiting current vendors to improve relations and assessing supply facilities and negotiating price. They will also be responsible for overseeing and maintaining inventory levels to ensure operational needs are met.

As the Senior Buyer, you'll have a key role in transforming our procurement processes. You'll lead the development of best practices, streamlining our operations, and driving cost savings. Additionally, as the Senior Buyer, you will have the opportunity to apply your expertise not only to Parmerit, but also to our affiliate company, Wolfe Heavy Equipment.

Reports To: Production Team Leader

Duties and Responsibilities:

• Analyze purchase requisitions and review for accuracy and completion
• Place orders to procure requisitioned items
• Monitor progress of delivery schedules
• Solve problems with orders in an efficient and timely manner
• Determine the correct method to process purchase requisitions depending on total cost, timeliness, competitive bidding, and existing contracts
• Identify and select vendors and suppliers using criteria such as quantity and quality of commodities, price, and delivery date
• Manage relationships with key suppliers to maintain quality of goods, timely delivery, and compliance to terms of contracts
• Assess supplier profiles and analyze offers
• Collaborate with departments to clarify purchase requisitions
• Refine and continuously improve specifications for future purchase orders
• Make purchasing decisions in accordance with company procedures and guidelines
• Follow proper channels to obtain purchase authorization
• Constantly review long lead time materials and place orders where needed
• Work closely with our Incoming Inspectors to review supplies and ensure quality
• Monitor stock levels
• Perform Min/Max reviews as part of opportunity management process
• Inputting, updating, and maintaining information in company’s ERP system
• Continuously explore and provide solutions to improve company spending and outsourcing
• Drive and participate in the annual year-end inventory count activity
• Investigate and cultivate new sources for supplies and products
• Issue bid requests to several potential vendors and suppliers
• Review quotes and secure the most competitive bids
• Secure product technical descriptions and request product samples to support new design activities
• Explain and clarify purchasing procedures to internal departments as well as vendors.
• Prepare and implement effective negotiation tactics

Qualifications & Experience:

• Degree or diploma in business, with a focus on supply chain & operations, procurement, or materials management
• 3-5 years of direct work experience in a buyer/senior buyer position
• Familiarity with enterprise resource planning (ERP) software, and/or material requirements planning (MRP) software
• Demonstrated understanding of integrated supply chain and logistics concepts and theories
• Advanced procurement and supplier negotiation abilities
• Knowledge of inventory management techniques and industry best practices, ability to apply to the business

Job Type: Full-time

Benefits:

• Casual dress
• Dental care
• Extended health care
• Paid time off
• RRSP match
• Vision care

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Supplemental pay types:

• Overtime pay

Ability to commute/relocate:

• Strathroy, ON N7G 4L3: reliably commute or plan to relocate before starting work (required)

Experience:

• Purchasing: 5 years (preferred)
• Negotiation: 1 year (preferred)

Work Location: In person