Review and negotiate contracts for goods and services
Ensure contracts comply with company policies and legal requirements
Monitor contract performance and make necessary adjustments
Evaluate and resolve contract disputes
Strategic Planning and Analysis:
Analyze market trends and identify potential opportunities for cost savings
Develop and implement procurement strategies
Monitor and report on key performance indicators
Conduct market research and benchmarking
Supplier Relationship Management:
Cultivate and maintain strong relationships with key suppliers
Monitor and evaluate supplier performance
Resolve any issues or conflicts with suppliers
Identify and develop new supplier partnerships
Cost Management:
Monitor and control costs related to procurement
Develop and implement cost-saving initiatives
Conduct cost analysis and identify areas for improvement
Ensure compliance with budgetary constraints
Compliance and Risk Management:
Ensure compliance with company policies and government regulations
Identify and assess potential risks in the supply chain
Develop and implement risk management strategies
Monitor and report on compliance and risk management measures.
High Impact Behaviors:
Continuous Professional Development: Professionals should be committed to lifelong learning, seeking out opportunities for self-improvement, and staying abreast of industry trends and best practices.
Collaboration and Teamwork: Effective professionals understand the value of collaboration. They work well with others, contribute to team goals, and understand that diverse perspectives can lead to better solutions.
Results-Driven Performance: High-performing professionals focus on delivering results. They set high standards for their own performance and are committed to achieving objectives efficiently and effectively.
Requirements
A bachelor's degree in Business Administration, Supply Chain Management, or a related field with at least 4 years experience or equivalent work experience that provides exposure to fundamental theories, principles, and concepts.
In-depth understanding of inventory management principles and practices.
Experience with developing and implementing inventory management policies and procedures.
Excellent organizational and time management skills.
Strong analytical and problem-solving abilities.
Effective communication and interpersonal skills.
Proficiency in inventory management software and systems.
Xylem does not provide visa sponsorship for this position.
Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23,000 employees operating in over 150 countries, Xylem is at the forefront of addressing the world's most critical water challenges. We invite passionate individuals to join our team, dedicated to exceeding customer expectations through innovative and sustainable solutions.
Job Summary:
The Sr. Buyer is a senior-level position responsible for leading complex procurement projects and initiatives. This role involves conducting advanced sourcing and purchasing activities, performing in-depth cost analysis, and developing strategies to improve procurement efficiency and effectiveness. The Sr. Buyer works closely with cross-functional teams to identify and resolve procurement issues, implement cost-saving measures, and ensure compliance with regulatory requirements. Additionally, this role involves mentoring and training junior buyers and providing technical expertise to support continuous improvement efforts.
Xylem · Chicago, IL