Hendrickson

Commodity Buyer

Hendrickson  •  $79k/yr  •  Woodridge, IL (Onsite)  •  1 month ago
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Job Description

The Truck Commercial Vehicle Systems Group of Hendrickson is looking for a Commodity Buyer to join our purchasing team in Woodridge, IL.

Hendrickson is searching for an experienced supply chain professional to perform the strategic purchasing functions for assigned commodities, projects, and/or new product development programs. Works cross-functionally with all functional groups to manage supplier related opportunities. Responsible for developing optimal supply chain solutions for assigned purchased material. Takes an active role in improving processes and procedures to improve the overall effectiveness of the department.

The Commodity Buyer will:

  • Lead material cost reduction activities for assigned purchased material. Expected to independently identify cost reduction opportunities on a regular basis.
  • Takes steps to minimize excess and obsolete inventory when usage is decreasing and negotiates to reduce costs when usage is increasing.
  • Identifies and leverages opportunities by developing and managing contractual relationships as needed.
  • Develop, foster, and enhance multi-departmental relationship(s) between Hendrickson Truck and key suppliers.
  • Closes open supply base related issues efficiently and effectively.
  • Assess current supply base on an on-going basis and recommend changes/alternatives that reduce purchased material cost and/or add higher value to purchased components.
  • Monitor the marketplace for assigned commodities to identify trends, technology advancements, risk mitigation strategies, and cost-efficient alternatives to the status quo.
  • Lead cross-functional analysis to prepare recommendation(s) for make vs. buy decisions.
  • Consistently collaborates with other Hendrickson divisions to identify and leverage total spend and/or standardization opportunities that will reduce overall costs to Hendrickson.
  • Ensure an uninterrupted supply of materials to production facilities through strategic management of the supply base.
  • Completes risk analysis and risk mitigation projects to protect Hendrickson supply.
  • Completes all purchasing tasks involved with the engineering change request process (e.g., RFQ, negotiation of costs and timing, supplier PPAP, etc.).
  • Coordinate all aspects of Hendrickson “Warranty Recovery” Program regarding established warranty parameters for assigned commodities.
  • Clearly documents relevant information about assigned parts and suppliers per department documentation guidelines.
  • Maintains pricing agreements for all assigned purchased material and resolves any invoice discrepancies in a timely manner.
  • Monitor and account for all fluctuations in purchase price variance (PPV) for assigned purchased material.
  • Other duties as assigned.

The successful candidate will possess:

  • Bachelor’s degree or MBA in Business or related field.
  • Supply Chain concentration preferred.
  • Professional designations or Certifications by recognized Purchasing organizations preferred.
  • 2+ years of related supply chain work experience.
  • Competence with Microsoft Office software required.
  • Familiar with and working experience in an IATF-16949 or other Quality regulated manufacturing environment.
  • Demonstrated negotiation success.
  • Proficient in reading blueprints for engineered components.
  • Demonstrated interpersonal and problem-solving skills required.
  • Ability to plan, prioritize, and manage workload with independence.
  • Highly competent communicator.
  • Proven ability to concisely summarize, present, and discuss analysis & recommendations.
  • High energy level and strong self-motivation.
  • High standards of integrity required.
  • Planning and organizational skills with an ability to handle a multitude of projects.

Physical demands of this role:

  • Frequent sitting and working at computer for extended periods of time.
  • Office setting.
  • Minimal exposure to R&D lab and manufacturing setting.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, or other characteristics protected by law.

In accordance with applicable pay transparency laws, the salary range for this position is $79,000-130,000 annually depending on experience. Final compensation will be determined based on factors such as experience, education, qualifications, and other job-related criteria. This pay range is provided to ensure transparency and compliance with local, state, and federal regulations.

LIFE AT [H] - Hendrickson Careers

https://www.hendrickson-intl.com/work-for-us/life-at-hendrickson

Hendrickson

About Hendrickson

Magnus Hendrickson started manufacturing commercial trucks in 1913 to meet the demand for robust, durable vehicles. The company introduced the first tandem suspension in 1926.

From the beginning, Hendrickson's only business has been to serve the needs of the commercial vehicle industry. This focus, bolstered by an unrelenting pursuit of technological leadership, is the key to our status as the world leader in the design and manufacture of high-quality truck, tractor, and trailer suspensions, liftable suspensions, steel leaf springs, bumpers, and stamped components for the heavy-duty transportation market.

Since its acquisition by The Boler Company in 1978, Hendrickson has grown five-fold. Today, Hendrickson is a major supplier to every North American heavy-duty truck and trailer OEM, as well as many manufacturers in Europe, Australia, Mexico, Japan, and Latin America. Our products are helping these partners increase durability, lower operating costs, enhance driver comfort, and reduce weight. And after producing more than 2,000,000 walking beam truck suspensions and 2,000,000 air-ride trailer suspensions, our goal continues to be providing the most technologically advanced and differentiated products available—today and for the road ahead.

We value the opportunity to engage and connect with the industry, our customers, and the public on LinkedIn. Hendrickson USA, L.L.C. does not represent, endorse nor are we responsible for the content or accuracy of views or opinions shared by associates or others to their personal social media networks.

Industry
Transportation & Logistics
Company Size
1,001-5,000 employees
Headquarters
Woodridge, IL
Year Founded
1913
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