Principal Buyer
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![]() United States, Tennessee, Lexington | |
![]() 669 Natchez Trace Drive (Show on map) | |
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We begin with dreams. Dreams drive our motivation. Dreams are our future. The world's dreams, people's dreams, our dreams. Our passion creates ideas that make dreams come alive. Technology and products that were only dreams become reality. All for dreams. Dreams challenge and the Nidec-Group will continue to meet the challenge. For the world's and people's tomorrows; the world's first, the world's best technologies and products; we will continue our part in creating a better society. Job Summary Job Description Leroy Somer Americas (dba Division of Nidec Motor Corporation) is seeking a Principal Buyer for its offices in Lexington, TN Place purchase orders with vendors to ensure proper materials supply to meet daily production needs. Provide key vendors with forecasts updated regularly (at least monthly) to ensure appropriate supply of needed materials. Use the Oracle MRP module to optimize inventory turns and release purchase orders to vendors with the required lead times. Ensure all safety stocks, lead times, and minimum order quantities are correct in Oracle, adjusting accordingly as demand changes. Manage all open and past due purchase orders within Oracle using the Open / Late Orders report. Manage all exceptions, pull-ins, and push-outs, and delete orders as needed. Proactively communicate with suppliers regarding supply needs, shortages, pricing, and invoicing issues. Provide monthly feedback to key vendors on quality and on-time delivery metrics. Review raw material and excess Inventory each week to help reduce any slow-moving and excess inventory issues. Make recommendations regarding excess and obsolete materials. Ensure proper raw material costs are maintained within Oracle for standard costing purposes. Support inventory-on-hand accuracy improvement projects by working with production departments, engineering, and stockroom associates to correct bill of material issues and maintain accurate inventory-on-hand reporting. Maintain correct item setups in Oracle, planner codes, price costs, lead times, sourcing rules, etc., to ensure efficient use of Oracle MRP. Support Strategic Sourcing projects and initiatives as required. Providing cost savings ideas regularly. Maintain the highest standards of integrity and maintain honest, fair, and legal relationships with all vendors. Support Buyer I, Buyer II & Buyer III with training and instruction as requested. Seen as a leader and expert in responsibility with a proven record of success in daily job functions. Additional duties assigned by the department manager as required by business needs. The position requires up to ten (10) percent domestic and international travel. Requirements Bachelor's degree or the foreign equivalent* in Business Administration, International Business, or a related field and seven (7) years of progressive experience in a materials, purchasing, or inventory occupation. The experience must include:
*Any combination of education that has been evaluated by a professional credentials evaluation service to be the equivalent of a U.S. degree will be accepted. Work location: 669 Natchez Trace Drive, Lexington, TN, 38351 If interested, send resume or curriculum vitae to HR at hrss@nidec-motor.com and reference PBDS. #LI-DNI Additional Job Details Equal Employment Opportunity and Affirmative Action at Nidec No Soliciting Nidec will not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to Nidec job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers. Pre-approval from the Nidec Talent Acquisition team is required before any external candidate can be submitted and such candidate must be submitted to the Nidec Talent Acquisition team. |