Nidec Motor Corporation Logo

Nidec Motor Corporation

Principal Buyer

Reposted 11 Days Ago
Be an Early Applicant
In-Office or Remote
5 Locations
Senior level
In-Office or Remote
5 Locations
Senior level
The Principal Buyer is responsible for managing purchase orders, vendor communications, inventory optimization, and mentoring junior buyers, ensuring supply meets production needs.
The summary above was generated by AI

We begin with dreams. Dreams drive our motivation. Dreams are our future. The world's dreams, people's dreams, our dreams. Our passion creates ideas that make dreams come alive. Technology and products that were only dreams become reality.


All for dreams. Dreams challenge and the Nidec-Group will continue to meet the challenge. For the world's and people's tomorrows; the world's first, the world's best technologies and products; we will continue our part in creating a better society.

Job Summary

Job Description

Leroy Somer Americas (dba Division of Nidec Motor Corporation) is seeking a Principal Buyer for its offices in Lexington, TN

Place purchase orders with vendors to ensure proper materials supply to meet daily production needs. Provide key vendors with forecasts updated regularly (at least monthly) to ensure appropriate supply of needed materials. Use the Oracle MRP module to optimize inventory turns and release purchase orders to vendors with the required lead times. Ensure all safety stocks, lead times, and minimum order quantities are correct in Oracle, adjusting accordingly as demand changes. Manage all open and past due purchase orders within Oracle using the Open / Late Orders report. Manage all exceptions, pull-ins, and push-outs, and delete orders as needed. Proactively communicate with suppliers regarding supply needs, shortages, pricing, and invoicing issues. Provide monthly feedback to key vendors on quality and on-time delivery metrics. Review raw material and excess Inventory each week to help reduce any slow-moving and excess inventory issues. Make recommendations regarding excess and obsolete materials. Ensure proper raw material costs are maintained within Oracle for standard costing purposes. Support inventory-on-hand accuracy improvement projects by working with production departments, engineering, and stockroom associates to correct bill of material issues and maintain accurate inventory-on-hand reporting. Maintain correct item setups in Oracle, planner codes, price costs, lead times, sourcing rules, etc., to ensure efficient use of Oracle MRP. Support Strategic Sourcing projects and initiatives as required. Providing cost savings ideas regularly. Maintain the highest standards of integrity and maintain honest, fair, and legal relationships with all vendors. Support Buyer I, Buyer II & Buyer III with training and instruction as requested. Seen as a leader and expert in responsibility with a proven record of success in daily job functions. Additional duties assigned by the department manager as required by business needs. The position requires up to ten (10) percent domestic and international travel.

Requirements

Bachelor’s degree or the foreign equivalent* in Business Administration, International Business, or a related field and seven (7) years of progressive experience in a materials, purchasing, or inventory occupation. The experience must include:

  • Seven (7) years of experience in inventory management, planning, and purchasing within a high-volume manufacturing environment;
  • Seven (7) years of experience utilizing Oracle Materials Requirement Planning (MRP) or equivalent Enterprise Resource Planning (ERP) system for inventory management, planning, and purchasing processes;
  • Seven (7) years of experience in Microsoft Excel, including the capability to create and automate macros and generate detailed reports;
  • Seven (7) years of experience in Microsoft Word and Microsoft PowerPoint for effective communication and presentation;
  • Two (2) years of experience mentoring and training junior-level buyers, fostering their professional growth and development; and
  • Two (2) years of experience collaborating within a team-oriented environment, consistently offering support and encouragement to achieve collective goals.

*Any combination of education that has been evaluated by a professional credentials evaluation service to be the equivalent of a U.S. degree will be accepted.

Work location: 669 Natchez Trace Drive, Lexington, TN, 38351

If interested, send resume or curriculum vitae to HR at [email protected] and reference PBDS.

#LI-DNI

Additional Job Details

Equal Employment Opportunity and Affirmative Action at Nidec
Nidec is an Equal Employment Opportunity (EEO) and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants receive consideration for employment without regard to their age, gender, gender identity, sexual orientation, race, color, genetic information, religious creed, national origin, physical or mental disability, protected veteran status, or any other characteristic protected by law. For more information regarding your (EEO) rights as an applicant, please visit the following website: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf

No Soliciting

Nidec will not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to Nidec job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers. Pre-approval from the Nidec Talent Acquisition team is required before any external candidate can be submitted and such candidate must be submitted to the Nidec Talent Acquisition team.

Top Skills

Excel
Microsoft Powerpoint
Microsoft Word
Oracle Erp

Similar Jobs

15 Hours Ago
Remote or Hybrid
7 Locations
Senior level
Senior level
Blockchain • eCommerce • Fintech • Payments • Software • Financial Services • Cryptocurrency
The Services and Product Sourcing Lead will manage supplier portfolios, contract negotiations, and collaborative strategies to optimize procurement processes across the organization.
Top Skills: Data Analysis ToolsFinancial SystemsProcurement Software
15 Hours Ago
Remote
Canada
Senior level
Senior level
Artificial Intelligence • Cloud • Consumer Web • Productivity • Software • App development • Data Privacy
The Sourcing Manager will lead sourcing for network services, manage supplier relationships, conduct negotiations, and develop strategies for network connectivity to support Dropbox's infrastructure.
Top Skills: Cloud InfrastructureNetworking TechnologiesSupplier ManagementTelecom Services
15 Hours Ago
Remote
Canada
Senior level
Senior level
Artificial Intelligence • Cloud • Consumer Web • Productivity • Software • App development • Data Privacy
Lead capacity engineering initiatives at Dropbox, focusing on strategic planning, cost optimization, and cross-functional alignment to enhance infrastructure efficiency.
Top Skills: Automation ToolsCapacity PlanningCloud InfrastructureCost OptimizationData AnalysisFinancial Modeling

What you need to know about the Vancouver Tech Scene

Raincouver, Vancity, The Big Smoke — Vancouver is known by many names, and in recent years, it has gained a reputation as a growing hub for both tech and sustainability. Renowned for its natural beauty, the city has become a magnet for professionals eager to create environmental solutions, and with an emphasis on clean technology, renewable energy and environmental innovation, it's attracted companies across various industries, all working toward a shared goal: advancing clean technology.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account