Surplus Buyer - Inside (Finance)

The Surplus Buyer is responsible for providing parts, equipment, and materials by developing sources of supply and monitoring supplier performance, obtaining required parts, equipment and materials, verifying receipt of items, authorizing payment, and managing and controlling inventory.

Issue requests for quotes/proposals (RFQ/RFP) and select best source consistent with cost, quality, and delivery requirements. Negotiate and manage long term pricing agreements on critical commodities.
Complete purchase requests with domestic and international suppliers by inputting purchase orders, expediting deliveries, and verifying all transactions.
Handle correspondence concerning over-shipments, delivery shortages, changes in quantity, delivery dates, and prices. Report such changes to the interested parties in a timely manner as required.
Act as a liaison between suppliers and involved departments to resolve procurement related problems.
Process non-conforming material requests and RMA requests with supply chain partners.
Maintain appropriate inventory levels consistent with targeted inventory goals and as set by management.
Maintain accuracy of stock code information within systems, including lead-time, pricing, current supplier information, current purchase order data, etc.
Ensure system parameters are maintained by monitoring minimum, maximum, safety, and current inventory levels; making recommendations to management for adjustments to levels.
Monitor supplier performance by ensuring that product is delivered as scheduled and meets specifications; maintaining appropriate files and records of meetings with suppliers to ensure company requirements are met and that supplier is aware of their performance.
Contribute to team effort by accomplishing other job related tasks as needed; enabling other workers to achieve their job objectives.
Administrative functions including Pricing/processing loads, building minimal quotes, etc to support the sales department.