Tooling & Equipment Program Buyer (Engineer, Sr. Engineer, Asst. Manager) Job Description Template
The Tooling & Equipment Program Buyer plays a crucial role in ensuring that the manufacturing processes are well-equipped with the necessary tools and equipment. This position demands a strategic approach to procurement, close collaboration with suppliers, and a focus on cost management and efficiency.
Responsibilities
- Develop and implement procurement strategies for tooling and equipment.
- Manage supplier relationships and negotiate contracts to ensure favorable terms.
- Evaluate and select suppliers based on quality, cost, and delivery performance.
- Coordinate with engineering and production teams to understand tooling requirements.
- Monitor market trends to identify new sourcing opportunities.
- Ensure timely delivery of materials to support production schedules.
- Analyze and report on procurement performance and cost savings.
- Maintain accurate records of purchases, pricing, and inventory.
Qualifications
- Bachelor’s degree in Engineering, Supply Chain Management, or related field.
- Minimum of 3 years experience in procurement, specifically in tooling and equipment.
- Strong negotiation and supplier management skills.
- Knowledge of manufacturing processes and production requirements.
- Excellent analytical and problem-solving abilities.
- Ability to work in a fast-paced environment and manage multiple priorities.
Skills
- Strategic Sourcing
- Supplier Management
- Contract Negotiation
- Cost Analysis
- Inventory Management
- Procurement Software
- ERP Systems
- Production Planning
- Technical Understanding of Tooling and Equipment
Frequently Asked Questions
A Tooling & Equipment Program Buyer is responsible for sourcing, negotiating, and purchasing tooling and equipment necessary for production processes. This role involves collaborating with cross-functional teams, assessing supplier capabilities, and ensuring timely delivery in alignment with project timelines. They also analyze market trends to make cost-effective procurement decisions, aiming to enhance overall operational efficiency and meet quality standards.
To become a Tooling & Equipment Program Buyer, one typically needs a degree in engineering, supply chain management, or a related field. Experience in procurement or supply chain roles is also crucial. Building expertise in vendor management, negotiation, and tooling processes can be achieved through internships or entry-level positions. Further, obtaining certifications such as Certified Professional in Supply Management may enhance prospects.
The average salary for a Tooling & Equipment Program Buyer can vary based on factors such as geographical location, industry, and experience level. Typically, salaries for this position reflect the specialized nature of the role, with experienced individuals and those in senior positions earning higher. Compensation packages may also include bonuses and other incentives linked to performance and company policies.
Qualifications for a Tooling & Equipment Program Buyer usually include a bachelor's degree in engineering, procurement, or supply chain management. Experience in a related purchasing or engineering role is often required. Skills in negotiation, vendor management, and familiarity with manufacturing processes are essential. Proficiency in procurement software and analytical tools also enhances effectiveness in this role.
Key skills required include strong negotiation abilities, analytical thinking, and effective communication with suppliers and stakeholders. Responsibilities encompass sourcing tools and equipment, negotiating contracts, ensuring quality standards, and managing supplier relationships. An understanding of manufacturing processes and market trends is essential to drive strategic purchasing decisions that align with organizational goals.