Electronic Procurement Buyer

Summary
The Procurement Buyer is positioned at the interface between company

engineering teams and the industries that supply R&D equipment.

We are responsible for developing and executing sourcing strategies as well as

recommending product innovations based on improving technology. The position

requires an interest in market dynamics, negotiation and pricing, manufacturing

processes, on time delivery, vendor management and risk mitigation.

Description
Develop a nuanced understanding of the electronic components landscape to forecast

industry trends and gauge emerging competitive forces. Identify changes in buyer and

supplier power within core materials markets and use industry dynamics to company

advantage. Effectively work with suppliers to negotiate optimal terms for sourcing.

Understand the trade-offs between cost, volume, and quality to strike agreements that

meet company performance criteria and secure on time delivery for R&D commodities.

Collaborate across the organization to ensure business objectives are met. Includes the

ability to rapidly synthesize and communicate findings to senior leaders and to actively

identify potential supply issues that can affect engineering strategy and manufacturing

schedule . Develop an in-depth understanding of value-added manufacturing processes

and costs, reverse logistics, and market intelligence, and apply this knowledge to influence

company new technologies roadmap and sourcing decisions.

Assess and mitigate risks of

the business.

Strong interpersonal skills with proven ability to communicate effectively both verbally and

in writing with internal customers and suppliers (English and Hebrew).

Responsibilities

• Managing the procurement cycle including sourcing new suppliers and negotiating
• Agreements.
• Coordinate with cross functional teams to identify opportunities for cost reduction and on
• time delivery.
• Deep knowledge of the semiconductors market and electronic components
• manufacturers and distributers as well as lab equipment vendors.
• Working with Contract Manufacturers and understanding the internal operation procedures.
• Develop and implement efficiencies, practices and procedures to support the dynamic
• requirements of the R&D department.
• Sourcing for R&D dynamic needs.

Minimum Qualifications

• Minimum 5+ years of Electronic Components procurement - required.
• BA/BSc in Industrial Engineering/Management/ Economics/ Logistics or similar – required
• MBA is a plus

Preferred Qualifications

• Strong analytical and critical thinking skills
• Superb communication and interpersonal skills
• Ability to handle sudden setbacks
• Negotiations skills
• Willingness to operate in a dynamic environment
• Ability to make quick decisions
• Thrive on knowledge and the ability to learn quickly
• Interest in technology and/or operations (experience preferred but not required)
• English – fluent
• Minimum 5 years of progressive experience in purchasing Electronic Components
• Ability to interface with senior management
• Team player, excellent people skills, ability to work in multi-tasking environment
• Proficient in MS-Excel

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Role Number: 200658729-0865