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Purchasing Lead
3 weeks ago
About the Company
Rand Technology is a leading global independent distributor of electronic components. With over 30 years of industry experience, we partner with customers to provide comprehensive services that enable supply chain optimization.
Our engineering capabilities, testing, and commitment to world-class quality make us an essential supply chain partner by providing quick, secure, and cost-effective solutions to resolve challenges and ensure seamless operations.
About the Role
The Purchasing Team Lead is responsible for supervising a segment of regional Buyers. This role will oversee requisition execution, ensuring requisitions are converted to sales orders and delivered to customers promptly.
Responsibilities
- Responsibilities Work with the Purchasing Managers to establish a clear set of objectives for the team.
- Ensure Buyers received the necessary training, including in Rand systems, SOPs, supplier maps, commodity knowledge and market updates (pricing, lead time)
- Monitor requisition execution as the "control tower" to ensure Buyers are sourcing competitively, communicating effectively with Sales, and negotiating for the best outcomes (pricing, lead time, date codes/quality, etc.)
- Track and review overall Buyer performance within the team, including Hit Rate
- Work closely with Buyers to resolve daily operational issues and escalate matters when necessary.
- Manage team members' workloads and reassign tasks as needed to ensure efficiency.
- Monitor the team's open orders and expedite or update PO dates where appropriate.
- Collaborate with Buyers to engage suppliers in resolving PO fallouts.
- Support Buyers in regularly reviewing vendor maps for each commodity and provide training on the capabilities of new or updated sources.
- Partner closely with the Sales team to understand high-confidence requisitions and other key details to align expectations and deliver the best options/results.
- Contribute to the development and implementation of purchasing strategies and processes to ensure cost-effective procurement.
Qualifications
- Bachelor's degree or Diploma qualification
- Minimum 5 years of Buyer experience within the electronics distribution or independent distributor industry is essential
- Minimum 2 years of supervisory experience
Required Skills
- Strong knowledge of electronic component sourcing in the open market and established relationships with key suppliers (franchise partners, strategic sources such as IDH, manufacturers, CMs and brokers)
- Good spoken and written communication skills
- Proficient in MS Office applications (Word, Excel, PowerPoint)
- Demonstrated ability to prioritize task, work independently and good problem-solving skills.
- Ability to work under pressure and manage stress well.