Company Overview
Stein Industries, Inc. is a dynamic organization with a rich history of managing a diverse portfolio of manufacturing and distribution companies operating globally. Since 1907, we have cultivated a culture rooted in growth, integrity, teamwork, and long-term relationships, continually seeking innovative opportunities to expand our reach and impact.
Job Summary
We are seeking an energetic and detail-oriented Associate Buyer to join our procurement team. In this vital role, you will support sourcing activities, manage vendor relationships, and oversee purchasing processes to ensure seamless supply chain operations. Your proactive approach will help optimize inventory levels, negotiate contracts, and contribute to the overall efficiency of our procurement functions.
Duties
- Able to prioritize a dynamic workload, shift quickly between tasks, and take assertive action daily on critical need items for assigned responsibilities diligently and effectively
- Ensure timely, accurate, and deliberate actions are taken, as appropriate, to accomplish on-time delivery of material and equipment at a cost savings
- Build vendor relationships and manage vendor performance
- Maintain an acute level of detail to ensure that pricing, lead times, minimum order quantities, and safety stock are accurate
- Support the Purchasing Manager on operational projects as required
- ·Execute and manage purchase orders through a cradle-to-grave procurement life cycle
- Utilize effective negotiation strategy and techniques to maintain low cost and preserve margin
- Understand and manage supply and demand to meet on-time deliveries in support of lean inventory initiatives
- Communicate with various levels across departments including sales, planning, engineering, shipping/receiving, and production
- Utilize various work tools such as MRP system and data gathering tools to ensure that PO confirmation, delivery dates, and NCR details are accurately captured and maintained
- Expedite and assist in resolving receiving and invoice payment issues
- ·Engage with vendors and internal stakeholders to resolve product non-conformance reports (NCR’s)
- ·Assist other team members with procurement related activities as assigned
- Ensure compliance with standard policies, procedures, internal audit, and quality management processes
Qualifications
- Minimum of 1-3 years of experience required in purchasing, inventory management, or planning role; previous metal, plastics and custom fabrications experience desired.
- Ability to translate data into strategic recommendations
- Ability to read and understand blueprints and engineering specifications strongly desired.
- An independent self-starter with excellent organizational, interpersonal, verbal, and written communication, and problem-solving skills.
- The ability to prioritize in a multi-tasking environment.
- Must be able to communicate with all levels of management.
- Ability to work independently as well as part of a team.
- Strong analytical skills.
Pay: From $50,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Tuition reimbursement
Education:
Experience:
- Buyer: 2 years (Required)
Work Location: Hybrid remote in Minneapolis, MN 55428
