The Buyer is responsible for indirect buying and securing cost savings for Yale departments through negotiation, competitive bidding and new vendor sources. Supports sourcing effort by participating in commodity teams of departmental representatives. Focuses on reducing the total cost of ownership for goods and services. Review, sign and approve agreements and or purchase orders within designated approval limits. Ensure that Yale’s terms and conditions are met in all contracts/agreements. Coordi... more details
The Buyer is responsible for indirect buying and securing cost savings for Yale departments through negotiation, competitive bidding and new vendor sources. Supports sourcing effort by participating in commodity teams of departmental representatives. Focuses on reducing the total cost of ownership for goods and services. Review, sign and approve agreements and or purchase orders within designated approval limits. Ensure that Yale’s terms and conditions are met in all contracts/agreements. Coordinates with suppliers and business partners to resolve any issues with supplier orders and invoicing. Ability to research supplier set up requests, by first reviewing existing supplier base to see if there is a viable match for the requested service/goods. If not, researching new potential supplier for financial viability, reviewing proposed terms and conditions, checking references, etc. 1. With guidance, implements and executes formal strategic sourcing processes in support of department specific needs for supplies and services. 2. Utilizes a variety of e-procurement tools. 3. With support and guidance, researches and develops new sources of supply to satisfy departmental requirements. 4. Utilizes a structured problem-solving approach, developing alternatives and recommending solutions. 5. Performs initial review of contract terms and conditions. 6. Supported by other staff members, analyzes and segments spend to determine priorities, savings opportunities and build a demand profile for sourcing. 7. Tracks cost savings and prepares metrics. 8. Builds and maintains strong working relationships with internal University customers. 9. Works with preferred suppliers and maintains supplier quality and performance 10. Is knowledgeable of relevant industry trends and market conditions. 11. Works collaboratively with others to identify key business drivers, beyond price, which contribute to the total cost of ownership. 12. May perform other duties as assigned. Bachelor’s Degree in Accounting, Business or Finance and three years of purchasing/Buyer experience or equivalent combination of education and experience. Experience with federal contracts and grants and strategic sourcing of commodities and services.
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