Job Information
Bosch Senior Buyer in Lincolnshire, Illinois
Company Description
HydraForce, a Bosch Rexroth Company, offers one of the most comprehensive lines of high-quality hydraulic cartridge valves for the mobile and industrial equipment markets. We design and manufacture high performance valves that meet virtually any need encountered in machine design. HydraForce cartridge valves are designed to fit a wide range of industry-common valve cavities. Our employees enjoy a fast-paced and challenging work environment that provides them with daily opportunities to Power Forward their careers. For almost 35 years, HydraForce has been producing the most innovative elector-hydraulic control solutions for the mobile machinery and industrial equipment markets.
Bosch Rexroth is one of the world’s leading providers of Drive and Control Technologies. Regardless of the motion task that customers face anywhere in the world, they will always find a Bosch Rexroth team with local experience and the appropriate know-how from more than 30 industries and all drive and control technologies. Our associates take on their customers’ challenges with passion and persistence until the right solution is found. This is what makes Bosch Rexroth a strong, reliable partner for Mobile Applications, Machinery Applications and Engineering and Factory Automation. As the Drive & Control Company, we develop, produce, and distribute our components and system solutions in over 80 countries.
Job Description
Position Summary:
Driving strategic souring initiatives of North America and foreign markets by negotiating contracts and optimizing supplier relationships by considering of technical capabilities, quality, source reliability and process improvements.
The position is Hybrid with 3 days in the office in a work week.
Duties and Responsibilities:
The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons
Strategic sourcing initiatives, developing procurement strategies, manage complex contracts and leading supplier negotiations
Conduct supplier evaluations and negotiations to secure, favorable terms, pricing, and contracts
Oversee the procurement process from sourcing suppliers to contract execution and delivery, ensuring compliance with company policies and procedures
Establish and maintain strong relationships with key suppliers, fostering a collaborative and mutually beneficial partnership
Analyze quotations received, recommend, and select suppliers.
Interface with and manage all commercial aspects of assigned supplier relations including, but not limited to, supplier agreements, monitoring overall supplier performance, resolving invoice/price discrepancies, supporting escalation of LOG & Quality issues, and supplier development/follow-up.
Review existing, and where necessary, establish new contracts: including planning and completing annual price negotiations for responsible commodities to achieve cost savings goals. Support Purchasing team members in escalation rounds for all the above.
Review all foreign commodities and find North American sources
Person will source materials from suppliers at the lowest cost consistent with considerations of quality, reliability of source and urgency of need. Buyer will study market trends and suppliers, recommending sources of supply and will work closely with Project Purchasing in various plants to identify and realize potential savings projects.
Participate in annual business planning process for responsible commodities
Integrated member of worldwide commodity team (may include international travel)
Knowledge and experience with material field purchasing of specific commodities, strategic sourcing and negotiations. Able to develop strategic plan to achieve year over year savings while maintaining quality and delivery excellence and a stable yet flexible supply base.
Provide guidance to other buyers
Physical Requirements:
While performing the duties of this job, the employee is frequently required to do the following:
- Lift and move a minimum of 5pounds without assistance
Work Environment:
This job operates in a professional office environment. This role routinely uses standard office occasionally exposed to a variety of extreme conditions. The noise level in the work environment can be quiet to moderate to loud
Qualifications
Bachelor’s degree in Business Management, Supply Chain Management, Computer Science or similar discipline from an accredited institution (ex. CHEA) or 5 year’s experience in Sourcing, Commodity Management, Logistics Management, Purchasing or similar discipline.
10 plus years in production planning, scheduling or buying with a manufacturing or production environment.
MS Office familiarity.
Strong knowledge of procurement best practices, contract management, and supplier relationship management.
Analytical mindset with the ability to analyze data, identify trends, and make data-driven decisions.
Familiarity in IT systems used in Logistics (e.g. ERP-systems like SAP, database software (Excel, Power BI), data mining).
Customer focused and clear communication skills for various channels (face to face, phone, email, Teams).
Additional Information
Health and Safety are fundamental values within the company. Employees receive a full complement of health benefits including Blue Cross/Blue Shield Health Insurance, Dental Insurance, Vision, Tax Free Health Accounts (HSA/FSA), Employee Assistance Program, Paid Time Off (PTO) plus Company paid Holidays.
Our employees enjoy an attractive compensation package to include market competitive salary, Company paid and Voluntary Life insurance, Disability coverage, 401(k) with match, bonus opportunities, and more!
Must Have
Must have US work authorization. This position is not open for International Assignments.
Indefinite U.S work authorized individuals only. Future sponsorship for work authorization is not available.
All your information will be kept confidential according to EEO guidelines.
By choice, we are committed to a diverse workforce - EOE/Protected Veteran/Disabled