Operational Material Management Buyer

Welcome to Philips, a leading global technology company dedicated to improving people's lives through meaningful innovation. We are currently seeking a highly motivated and detail-oriented Operational Material Management Buyer to join our team.As the Operational Material Management Buyer, you will be responsible for managing the procurement of materials needed for our operations, ensuring timely delivery and cost-effectiveness. Your keen eye for detail and strong analytical skills will be crucial in maintaining optimal inventory levels and managing supplier relationships.To excel in this role, you must possess a Bachelor's degree in Supply Chain Management, Business Administration, or a related field, along with a minimum of 3 years of experience in procurement or supply chain management. In addition, you should have excellent communication and negotiation skills, as well as a strong understanding of inventory management principles.If you are a self-starter with a passion for driving efficiency and cost savings, we invite you to apply for the Operational Material Management Buyer position at Philips. Join us in our mission to make the world healthier and more sustainable through innovation.

1. Manage procurement of materials for operations, ensuring timely delivery and cost-effectiveness.
2. Monitor inventory levels and make necessary adjustments to maintain optimal stock levels.
3. Develop and maintain relationships with suppliers, negotiating favorable terms and pricing.
4. Collaborate with cross-functional teams to identify and implement cost-saving initiatives.
5. Conduct regular market research to stay updated on industry trends and pricing.
6. Create and maintain accurate purchase orders and records of materials purchases.
7. Evaluate and select suppliers based on quality, delivery, and cost performance.
8. Work closely with production and logistics teams to ensure material availability and efficient supply chain operations.
9. Identify and resolve any supply chain issues or disruptions that may arise.
10. Communicate effectively with internal stakeholders to understand material needs and ensure timely delivery.
11. Monitor and report on key performance indicators related to material management and procurement.
12. Continuously seek opportunities for process improvements and cost savings.
13. Adhere to company policies and procedures related to procurement and supplier management.
14. Stay updated on industry best practices and incorporate them into material management strategies.
15. Train and mentor junior team members as needed.
16. Represent the company in a professional manner and uphold its values and mission.

According to JobzMall, the average salary range for a Operational Material Management Buyer in Colorado Springs, CO, USA is between $60,000 and $85,000 per year. However, this can vary depending on the specific company, industry, and level of experience. Some factors that may impact salary include the size and profitability of the company, the level of responsibility and decision-making involved in the role, and the individual's education and certifications. Additionally, cost of living and demand for this type of role in the specific location may also play a factor in determining salary.

Royal Philips is a health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.