Buyer/Purchasing - in new Woodstock, IL Facility

Magnetic Technologies - Marengo, IL

Full-time - Mid Level

Marengo, IL

Machinery Manufacturing

About the position

The Buyer/Purchasing role at Arnold Magnetic Technologies involves supporting the Purchasing Manager in the procurement of materials necessary for plant production operations. The position requires utilizing the SyteLine ERP system to manage purchasing processes, ensuring compliance with company procedures, and collaborating with the Engineering Team to prepare cost estimates for projects.

Responsibilities

• Processes purchase order requests and issues purchase orders to vendors using the ERP system.
• Develops and manages a range of machine shop vendors for various machining needs.
• Aids in make/buy decisions for machining parts orders.
• Works with the internal Machine Center to compare internal costs versus outside costs.
• Supports the Engineering Department in obtaining costs for precision machined components and assemblies.
• Collaborates with Engineers during job planning to prepare total cost estimates for materials and labor.
• Maintains product costing processes and procedures, including current materials and labor cost data.
• Understands and assesses the cost effectiveness of products and tracks actual costs against bids.
• Works with Accounts Payable to resolve billing issues.
• Obtains quotes and works with vendors to improve cost positions and delivery times.
• Collaborates with Quality to resolve vendor quality issues.
• Estimates values based on market price knowledge.
• Develops and maintains cost sheets for standard services.
• Reviews ERP for needed items and performs other assigned duties.

Requirements

• Minimum three years of purchasing experience in an OEM environment.
• Familiarity with SyteLine ERP systems is a plus.
• Knowledge of machining equipment such as mills, lathes, and CNC is desired.
• Bachelor's degree preferred, or equivalent experience considered.
• Experience in sourcing and familiarity with import regulations.
• Proficiency with Microsoft Office Suite is required.
• Flexibility and responsiveness in a fast-paced environment.

Nice-to-haves

• Experience with vendor management and cost estimation processes.
• Knowledge of accounting and financial elements related to total costs.