Lincoln Electric is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. Lincoln Electric’s innovative solutions enable higher quality and productivity across a variety of processes including welding, cutting, brazing, machining, process automation, and field repair. The Company leverages proprietary technologies and expertise in materials science, power electronics, automation, and intelligent software to help customers build better and achieve resilience in their operations. Headquartered in Cleveland, Ohio, Lincoln Electric is the essential ‘Linc’ that keeps the economy running. The Company operates 71 manufacturing and automation facilities across 20 countries and serves customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com.

Location: Bettendorf
Req ID: 28783

Salary Range: $55,000 - $75,000 / annually**

Bonus: 5%

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Summary

Lincoln Electric Automation is seeking a Buyer who will be 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. This is an on-site position in Bettendorf, IA.

In addition to competitive pay, Lincoln Electric offers a bonus plan, medical/dental/vision, 401(k) with company match, paid time off and many more outstanding benefits!

Job Duties and Responsibilities

• 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)

• Improves Working Capital (WC) through stocking programs, extended payment terms and utilization of established Supply Chain Financing (SCF) program where appropriate

• Considers 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)

• Serves as 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 Requests for Quotation, Information, or Proposals (RFx) of local sourcing requirements

• Provides suppliers with forecasts and production schedule information as needed

• Engages in Continuous Improvement (CI) process 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

• Gives close attention to detail and policies for supplier onboarding requirements (e.g. NDA to protect all intellectual property, tax documentation, vendor-master data collections of banking accounts, terms, and contact information)

• Other tasks assigned as a valued member of the organization

Required Education & Experience

• Minimum 2 years in a related procurement role with a bachelor’s degree; previous years of experience and professional referrals considered in lieu of education requirement

• Thorough working knowledge of purchasing policies, processes, and procedures for a publicly traded company

• Ability to read and interpret documents such as Part Prints, Bills of Material, Manufacturing Routings, and Job Order Forms

• Excellent interpersonal, communication, analysis, and problem-solving skills

• Strong computer proficiency with experience using Microsoft Office Suite and SAP or similar ERP

• Knowledge and experience using consumption-based and forecast-based planning methods

• Ability to prioritize work and adapt your work schedule to meet deadlines

• Demonstrate a strong attention to detail

• Previous procurement experience in an ISO-9001 or equivalent Quality Management System (QMS)

Lincoln Electric is an Equal Opportunity Employer. We are committed to promoting equal employment opportunity for applicants, without regard to their race, color, national origin, religion, sex (including pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation), sexual orientation, gender identity, age, veteran status, disability, genetic information, and any other category protected by federal, state, or local law.