Purchasing Analyst

Hello potential applicants,Thank you for considering the Purchasing Analyst position at Samsung Electronics. As a world-renowned leader in technology, Samsung Electronics is constantly pushing the boundaries of innovation and revolutionizing the way we live, work, and connect with each other.As a Purchasing Analyst, you will play a crucial role in ensuring our supply chain operates smoothly and efficiently. We are seeking a detail-oriented and analytical individual who can assist in identifying cost savings opportunities and developing strategic sourcing plans. The ideal candidate will have a strong understanding of procurement processes and excellent communication skills to collaborate with various teams.If you have a passion for technology and a drive for continuous improvement, we encourage you to apply for this exciting opportunity at Samsung Electronics. Together, we can continue to shape the future of technology and make a positive impact on the world.

1. Conduct market research to identify potential suppliers and negotiate contracts for goods and services.
2. Analyze procurement data and trends to identify cost savings opportunities and develop strategic sourcing plans.
3. Collaborate with cross-functional teams such as engineering, finance, and operations to ensure efficient supply chain processes.
4. Maintain accurate and up-to-date records of purchasing activities, including contracts, pricing, and supplier information.
5. Monitor supplier performance and resolve any issues or discrepancies.
6. Stay updated on industry and market trends to inform purchasing decisions.
7. Develop and maintain relationships with key suppliers to ensure timely delivery of goods and services.
8. Proactively identify and mitigate potential risks in the supply chain.
9. Communicate and coordinate with internal stakeholders to ensure alignment and understanding of purchasing strategies.
10. Continuously review and improve procurement processes to increase efficiency and reduce costs.
11. Stay updated on relevant laws and regulations related to purchasing and ensure compliance.
12. Collaborate with finance department to monitor and manage purchasing budgets.
13. Train and mentor junior purchasing team members.
14. Represent Samsung Electronics in a professional and ethical manner at all times.

According to JobzMall, the average salary range for a Purchasing Analyst in Austin, TX, USA is between $53,000 and $75,000 per year. However, this can vary based on factors such as the company, industry, experience, and education level of the individual. Some companies may offer higher salaries for more experienced or senior purchasing analysts. Additionally, individuals with specialized skills or certifications in areas such as supply chain management or procurement may also command higher salaries.

Samsung Electronics Co., Ltd. engages in the manufacturing and selling of electronics and computer peripherals. The company operates its business through following business divisions: Consumer Electronics, Information Technology & Mobile Communications and Device Solutions. The Consumer Electronics business division provides cable television, monitor, printer, air-conditioners, refrigerators, washing machines, and medical devices. The Information Technology & Mobile Communications business division offers handheld products, communication systems, computers, and digital cameras. The Device Solutions business division comprises of memory, system large scale integrated circuit and light emitting diode.