Procurement Buyer

The Procurement Buyer will play a key role in supporting Material Planning, Purchasing, and Procurement to deliver critical Supply Chain initiatives. This position focuses on analyzing and maintaining optimal inventory levels to meet production requirements while minimizing costs. The role ensures timely communication of any risks to material availability, enabling proactive adjustments to production plans and reducing customer impact. Additionally, the Procurement Buyer is responsible for keeping NDAs and Supplier Agreements accurate and up to date. Key responsibilities and accountabilities * Understand and analyze materials demand generated within IFS, validating and querying discrepancies from historical usage. * Maintain and calculate safety stock policies within IFS. * Establish and apply lot size data (Min, Multiple, and Max) accurately by part within IFS. * Provide detailed inventory projections and health categorizations through material inventory analysis. * Communicate changes to base data and their impacts through Monthly SIOPs. * Convert system-generated purchase requisitions to Planned status, confirming the need for firm purchase orders with suppliers. * Generate and analyze part availability exception messages, resolving or mitigating issues, and communicating risks effectively. * Participate in Weekly Planning reviews to discuss supply risks and support root cause analysis for material availability issues. * Prepare and deliver key material supply and inventory updates in monthly site SIOP meetings. * Provide accurate material forecast data as required. * Improve costs by analyzing demand and determining efficient purchase quantities and inventory locations, considering global requirements. * Manage local and assigned global vendors to ensure strong collaboration and meet site needs * Assist with supplier interviews, selection, negotiation, and contract preparation and execution.