Commodity Buyer jobs in Ventura, CA

Perform buying activities and negotiating the most favorable terms for the organization, including Materials Requirements Planning (MRP) items for Bill of Materials (BoM) and manufacturing and distribution products/services. The incumbent will interact with other departments to resolve issues and meet customer requirements. All activities will be conducted within good manufacturing practices requirements and corporate policy. 

• Qualify vendors, evaluate bids, and negotiate prices and terms for purchased goods and services.  
• Identify and resolve differences between company and supplier objectives as well as customer requirements 
• Ensure items purchases meet company specifications, quality, delivery, cost requirements.  
• Solicit and evaluate bids; procure goods and services. 
• Issue purchase orders according to proper policies and procedures.  
• Evaluate vendor performance. 
• Assist internal departments in obtaining product information in preparation of purchase specifications. 
• Maintain documentation of buying transactions. 
• Review and monitor incoming requisitions and confirm orders. 
• Assist in policy and procedural compliance issues.  
• Serve as a resource in resolving customer or vendor problems. 
• Research discrepancies and reports findings. 
• Prepare local bid invitations. 
• Track purchases, monitor vendor quality, and maintain a current database of vendor information.  
• Utilize sales forecast/data to schedule inventory materials from suppliers to meet forecasting and inventory requirements; expedite/defer deliveries, as necessary, to support operational objectives. 
• Establish Critical Material Shortage list and escalate supply chain issues with suppliers.  
• Identifying and resolving differences between company and supplier objectives as well as the customer requirements.  
• Leverage Company’s ERP system to determine appropriate supply inventory, and budgeting of raw materials. 
• Develop plans to improve performance and COGS; optimize inventory levels to minimize costs by managing inventory carrying costs, bulk purchase discounts, production planning, and lead times.  
• Obtain competitive quotations and select suppliers based on quality, cost, lead-time, service, and financial stability. 
• Respond to production or distribution issues and adjust purchasing schedule as required; communicate any major variations to affected parties. 
• Identify and manage slow moving, expiry or obsolete inventory.  
• Assist with monitoring inventory to reduce Excess, Expired & Obsolete exposure.  
• Perform other duties and projects as assigned. 

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