Purchasing Specialist
Company: Futaba North America Engineering and Marketing Corp.
Category: Professional Services
Bloomingdale
Type: Full Time
Futaba North America seeks a Purchasing Specialist to join their team. The Purchasing Agent (AKA Purchasing Specialist) is responsible for sourcing and pricing materials, components, and tooling for their US and Canadian manufacturing facilities to meet program requirements and new model development. This position will be based at their headquarters office located in Bloomingdale, IL. Japanese language proficiency is preferred. salary range is $75,000 – $90,000 per year depending on knowledge, skills, and abilities. They offer a competitive benefits plan that includes 4 medical plans, 2 dental plans, a vision plan, company paid basic life insurance, company paid short term disability insurance, 401(k) plan with company match, paid vacation, paid personal days, paid holidays, and more. Major responsibilities are as follows:
- Develop and manage long-term supplier relationships and secure the best pricing, optimal delivery schedule, and terms.
- Evaluate quotations and negotiate pricing, timelines, and terms within budgetary limitations and scope of authority.
- Determine best procurement method (i.e., direct purchase, bid, etc.) and prepare purchase order requisition and bid requests.
- Issue Letter of Intent and confirm Purchasing Power Parity (PPP).
- Analyze procurement costs and develop fixes and cost reduction strategies.
- Assess business risk, financial risks, and supply chain disruptions in area of responsibility and develop back-up plans.
- Interface with Engineering team, manufacturers, and potential vendors on the manufacturing of custom designed items that meet user’s needs and specifications.
- Support trial order management.
- Negotiate Annual Price Reduction per management strategy.
- Support plants with quality, delivery, invoicing, and other purchasing issues with suppliers.
- Maintain communications with overseas parent company as needed.
- Identify new suppliers, evaluate technical capabilities, negotiate contracts, analyze market trends, and ensure product reliability.
- Maintain knowledge of market trends and developments, changes in business practices in assigned areas and new or altered materials entering the market.
- Attend trade shows, product exhibitions, and conferences.
- Comply with company policies and procedures and safety and housekeeping requirements.



