The Commodity Buyer will directly report to the Purchasing Manager and will act as the primary support for the Purchasing Manager by preparing required documentation for supplier meetings and negotiations, presentations to management for sourcing events and project implementation. Annual spend will vary depending on commodity. He/she is responsible for driving the process and analyses of Request for Quote (RFQ)/Request for Information (RFI), managing the projects and maintain the purchasing data in SAP and other IT system.
Provide assistance to Commodity or Purchasing Managers for the development of commodity strategies, sourcing activities, and project implementation.
Research materials and suppliers to develop an expertise related to the commodity supported.
Prepare required documentation for supplier meetings or negotiations.
Prepare presentations to management for sourcing events.
Attend meetings as required to support or represent Commodity or Purchasing Managers.
Prepare and send RFQ/RFIs for commodity projects.
Maintain consistent communication with suppliers to ensure RFQ timelines are met.
Interface between suppliers and engineering/operations/marketing to answer any questions related to RFQ documents.
Perform financial analysis of RFQ results to determine overall cost competitiveness.
Make sourcing recommendations based upon RFI and RFQ results.
Evaluate blocked invoices and resolve discrepancies related to price or quantity differences.
Ensure invoice issues do not adversely affect supplier relationships.
Identify opportunities to improve invoice process between supplier and FM AP to reduce total number of blocked invoices.