Dexter Magnetic Technologies provides complex application engineering and precision manufacturing of magnetic products and assemblies. We thrive in serving our blue-chip client base in highly regulated markets…everything from intelligent optics to miniaturized implantable medical solutions. Our culture emphasizes enabling our client’s success, and thereby our success through delivering innovative technological solutions and application designs through our deep expertise.

The Buyer is responsible for overseeing and managing processes related to the Global sourcing and purchasing of products
with little or no supervision. This is accomplished through building relationships with suppliers, ensuring world
class vendor delivery, negotiating cost, inventory optimization and developing agreements that ultimately help
Dexter grow and become more profitable. In addition, this role is a support function for new product launch
initiatives while developing and implementing cost reduction and sourcing strategies, leading to improved quality,
technology and timely delivery performance. As the Dexter Purchasing/Sourcing Specialist you will drive:
forecasts, report economic savings performance, negotiate price reductions, and long term agreements.

Responsibilities:

• Manage all processes related to global sourcing and purchasing of products and commodities.
• Lead supplier evaluation, selection, and sourcing for assigned commodities.
• Implements supply base management strategies that lead to lowest total cost in terms of quality, lead time,

delivery, service and unit cost.

• Supports/Leads the selection of suppliers, negotiates and maintains performance to expectations plus

drives supplier continuous improvement.

• Forecasts/reports monthly performance of material economics/cost saving objectives; identify and advise

management of risks/opportunities.

• Proactively foster internal cross -functional relationships in order to drive regional and global strategies for

assigned commodities.

• Negotiate, implement and manage LTA's (long term agreements) while achieving commercial savings and

technical cost reductions in order to meet or exceed material cost and total cost reduction objectives and
while supporting organizational initiatives.

• Accomplish forward buying analysis to ensure accurate business forecasting and product projection

Qualifications and Job Demands

• Bachelor degree and 3 years of Purchasing experience
• Excellent verbal and written communication skills, negotiation skills, analytical and problem-solving skills,

and computer skills.

• Ability to work as a team within purchasing, other functions, and with other locations worldwide
• Demonstrates strong analytical and problem-solving skills
• Knowledge/experience of raw material analysis and tracking systems
• Experience in analyzing, selecting/recommending, approving and auditing suppliers for different product

platforms based upon supplier capability relative to designing, supporting, quality and manufacturing.

• Strong negotiation background with knowledge of corporate purchasing practices and strategies that bring

about closure of long-term agreements reflecting positive results that contribute to
organizational/departmental goals.

• Experience developing and implementing commodity strategies.
• Proven experience in mitigating supplier delivery, cost, and relationship issues with positive outcome for the

company.

• Ability to facilitate and lead technical and commercial meetings that require multiple cross functional

participants.

Preferred Qualifications:

• Master’s degree in Business Administration
• Certified in Production and Inventory Management
• Certified Supply Chain Professional
• Lean/6Sigma Certification (i.e., Green Belt, etc.)

#ZR

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)