Job Summary:

- Develops and implements procurement plans to support forecasted needs for precious metals.

- Establishes and implements strategies for negotiating commodity purchase agreements based on in-depth knowledge of foreign and domestic markets for optimum pricing and terms.

- Employs knowledge of precious metals qualities, transportation options, risk management, and procurement evaluation models to develop and implement optimal precious metals procurement strategies.

- Negotiates contracts to ensure contractual terms are being met. Considered expert in field within the organization. May have global responsibility. Possibility for substantial work from home possible.

Responsibilities:

- Assume full responsibility for Strategic Procurement for Precious Metals

- Manage vendors to adhere to Corporate Guidelines and Compliance initiatives

- Manage vendors to adhere to Corporate Financial terms and conditions

- Represents the company as the primary external contact for Procurement

- Evaluate market conditions for Precious Metals

- Contribute to the development of Commodity Strategies and implementation

- Coordinate supplier selection based on Total Cost of Ownership criteria (including Quality, Reliability, Delivery, Transportation Costs, etc.)

- Negotiation of purchasing contracts and pricing agreements

- Manage supplier performance evaluation

- Develop cost saving proposals, alternative sourcing and vendor evaluation criteria

- Maintain ongoing assessment of sourcing risks and proposed alternatives

- Achieve cost reduction targets in conjunction with other Procurement peers, and together with all necessary cross functions like Marketing

Complexity of Duties:

- Work is highly independent, with minimum instruction or supervision.

- Supervises, coaches and mentors others at varying levels, representing multiple product teams and/or sub-teams.

- Makes business decisions based upon sound judgment that impact product introduction schedules, financial plans and specifications.

- Assignments are received in objective oriented terms.

- Work is reviewed in terms of meeting Company objectives and schedules.

- Suboptimal results, decisions or recommendations would often result in critical program delays, considerable expenditure of resources and loss of product revenue.

- Establishes, develops and maintains productive long term relationships with key suppliers.

- Provides solutions to a wide range of problems, some of which will be complex in nature.

- Solutions are imaginative and thorough.

- Partners with finance to manage department budget, projects and key initiatives.

- Frequent inter-organizational and outside customer/supplier contacts are expected.

- Professionally represents the team and company in a variety of issues associated with specific projects.

Essential Skills:

- Superior negotiation, arbitration, conflict resolution, problem solving and interpersonal skills with suppliers, internal and external customers.

- Ability to coach associates in these skills.

- Demonstrated supervisory skills managing associates spanning two or more business areas.

- Thorough knowledge of, and ability to audit, enhance and write procedures and policies.

- Advanced analytical and presentation skills.

- Advanced project management skills.

- Able to understand and work effectively in an ISO 9000 / ISO 14001 environment.

- Must be proficient in Microsoft office suite products.

- Ability to utilize and master various computer systems.

- Ability to analyze and assist in implementation of new computer systems.

- Expected to train others in the effective use of these systems.

- Manages priorities and delivers projects and tasks on time.

- Consistent Customer focused attitude.

- Communicates frequently with direct reports, management, Customer service, manufacturing leadership and others, to keep them well informed.

Education and/or Experience:

- Bachelors- degree or higher in Business Administration, Engineering or related discipline.

- 3-10 years progressive supply chain experience in a manufacturing environment. Strong experience in purchasing, sourcing, negotiation and logistics.

Other Skills and Abilities:

- Superior decision-making and problem solving skills.

- Function well in a dynamic environment and be able to prioritize tasks.

- Ability to interpret a variety of instructions in written, oral, diagram or schedule form.

- Experience with international purchase order terms, Incoterms- 2010 and Harmonized Tariff Codes.

- Understanding of international currency valuation and how it impacts cost.

- Basic knowledge of purchasing contract law. Familiarity with basic financial accounting.

- Develops and tracks budgets. Strong working knowledge of import / export compliance.

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