Buyer

Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio, Lincoln Electric is a $4.2B publicly traded company (NASDAQ:LECO) with over 11,000 employees around the world, with operations in 71 manufacturing and automation system integration locations across 21 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries.
Location: Fort Loramie – Fort Loramie, OH, United States (US)
Employment Status: Salary Full-Time
Function: Supply Management
Req ID: 25214
Hybrid role with weekly travel to LEA Coldwater or LEA Fort Loramie Locations
Position Summary: Responsible for managing relationships with suppliers for direct and indirect goods and services. Previous experience desired in buying or purchased product planning. The role includes executing purchasing requirements sourced by the Senior Buyers or from the corporate centers-led programs. Quoting and procuring MRO and non-strategic requirements for the location, while collaborating with the local management team and corporate centers-led management group.
Job Duties and Responsibilities:
This role owns their respective suppliers performance and related corrective actions necessary to meet and improve our operational performance.
Works closely with other departments to identify, evaluate, and develop qualified suppliers for assigned purchase requirements.
Participates in local management meetings, gaining a better understanding of the immediate priorities locally while communicating progress.
Manages external supply risk associated with supplier selections, including alternative sourcing strategies, inventory safety stocks, and supplier inventory programs (examples: VMI, Consignment, and other solutions to minimize risk).
Improve WC “Working Capital” through stocking programs, extended payment terms and utilization of established SCF “Supply Chain Financing” program where appropriate.
Considers many cost variables when selecting suppliers during the sourcing process (examples: logistic selections, title transfer, INCO terms, training, technical support, payment terms, pricing, lead-times, order quantities, warranty, liabilities, and other factors based on specific budget and schedule requirements).
Member of cross-functional project teams to implement the most cost-effective value for procurement alternatives.
Establishes purchased material Standard Cost and provides forward guidance to expected cost variances. Communicates supply cost factor changes on a monthly basis while recognizing the importance to quoting and overall profit performance of the company.
Prepares and Manages RFx “Requests for Quotation, Information, or Proposals” of local sourcing requirements.
Provides suppliers with forecasts and production schedule information as needed.
Continuous Improvement “CI” engagement for operational improvements of assigned procurement processes, including improvement in SAP transactions, master data accuracy, and implementation of new business systems related to S2P processes.
Attention to detail and policies for supplier on-boarding requirements (e.g. NDA to protect all intellectual property, tax documentation, vendor-master data collections of banking accounts, terms, andApply here: https://www.aplitrak.com/?adid=YmJnZW5lcmljLjQ1MTYwLjEwNTA4QGxpbmNvbG5lbGVjdHJpY2NvbXAuYXBsaXRyYWsuY29t