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Senior Buyer - job 1 of 2

Company Description

Bosch Rexroth is one of the world’s leading providers of Drive and Control Technologies. Regardless of the motion task that customers face anywhere in the world, they will always find a Bosch Rexroth team with local experience and the appropriate know-how from more than 30 industries and all drive and control technologies. Our associates take on their customers’ challenges with passion and persistence until the right solution is found. This is what makes Bosch Rexroth a strong, reliable partner for Mobile Applications, Machinery Applications and Engineering and Factory Automation. As the Drive & Control Company, we develop, produce, and distribute our components and system solutions in over 80.

HydraForce, a Bosch Rexroth Company, offers one of the most comprehensive lines of high-quality hydraulic cartridge valves for the mobile and industrial equipment markets. We design and manufacture high performance valves that meet virtually any need encountered in machine design. HydraForce cartridge valves are designed to fit a wide range of industry-common valve cavities. Our employees enjoy a fast-paced and challenging work environment that provides them with daily opportunities to Power Forward their careers. For almost 35 years, HydraForce has been producing the most innovative elector-hydraulic control solutions for the mobile machinery and industrial equipment markets.

Job Description

Position Summary

Driving strategic souring initiatives of North America and foreign markets by negotiating contracts and optimizing supplier relationships by considering of technical capabilities, quality, source reliability and process improvements.

The position is Hybrid with 3 days in the office in a work week.

Duties and Responsibilities

The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned.  Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons

  • Strategic sourcing initiatives, developing procurement strategies, manage complex contracts and leading supplier negotiations
  • Conduct supplier evaluations and negotiations to secure, favorable terms, pricing, and contracts
  • Oversee the procurement process from sourcing suppliers to contract execution and delivery, ensuring compliance with company policies and procedures
  • Establish and maintain strong relationships with key suppliers, fostering a collaborative and mutually beneficial partnership
  • Analyze quotations received, recommend, and select suppliers.
  • Interface with and manage all commercial aspects of assigned supplier relations including, but not limited to, supplier agreements, monitoring overall supplier performance, resolving invoice/price discrepancies, supporting escalation of LOG & Quality issues, and supplier development/follow-up.
  • Review existing, and where necessary, establish new contracts: including planning and completing annual price negotiations for responsible commodities to achieve cost savings goals. Support Purchasing team members in escalation rounds for all the above.
  • Review all foreign commodities and find North American sources
  • Person will source materials from suppliers at the lowest cost consistent with considerations of quality, reliability of source and urgency of need. Buyer will study market trends and suppliers, recommending sources of supply and will work closely with Project Purchasing in various plants to identify and realize potential savings projects.
  • Participate in annual business planning process for responsible commodities
  • Integrated member of worldwide commodity team (may include international travel)
  • Knowledge and experience with material field purchasing of specific commodities, strategic sourcing and negotiations.  Able to develop strategic plan to achieve year over year savings while maintaining quality and delivery excellence and a stable yet flexible supply base. 
  • Provide guidance to other buyers

Physical Requirements

While performing the duties of this job, the employee is frequently required to do the following:

  • Lift and move a minimum of 5 pounds without assistance

Work Environment

This job operates in a professional office environment. This role routinely uses standard office occasionally exposed to a variety of extreme conditions. The noise level in the work environment can be quiet to moderate to loud

Qualifications

  • Bachelor’s degree in Business Management, Supply Chain Management, Computer Science or similar discipline from an accredited institution (ex. CHEA) or 5 year’s experience in Sourcing, Commodity Management, Logistics Management, Purchasing or similar discipline.
  • 10 plus years in production planning, scheduling or buying with a manufacturing or production environment.
  • MS Office familiarity.
  • Strong knowledge of procurement best practices, contract management, and supplier relationship management.
  • Analytical mindset with the ability to analyze data, identify trends, and make data-driven decisions.
  • Familiarity in IT systems used in Logistics (e.g. ERP-systems like SAP, database software (Excel, Power BI), data mining).
  • Customer focused and clear communication skills for various channels (face to face, phone, email, Teams).

Additional Information

The US base salary range for this full-time position is $90k- $110k. Within the range, individual pay is determined based on several factors, including, but not limited to, work experience and job knowledge, complexity of the role, job location, etc. The Recruiter can share more details about the specific salary range during the interview process. In addition to your base salary, HydraForce offers a comprehensive benefits package that includes health, dental, and vision plans; health savings accounts (HSA); flexible spending accounts; 401(K) retirement plan with employer match; wellness programs; life insurance; short and long term disability insurance; paid time off; and reimbursement of education expenses. Pay ranges included in the postings generally reflect base salary; certain positions may include bonus, commission, or additional benefits.

Must Have

  • Must have US work authorization. This position is not open for International Assignments.
  • Indefinite U.S work authorized individuals only. Future sponsorship for work authorization is not available.

All your information will be kept confidential according to EEO guidelines.

By choice, we are committed to a diverse workforce - EOE/Protected Veteran/Disabled

Average salary estimate

$100000 / YEARLY (est.)
min
max
$90000K
$110000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Buyer, Bosch Group

Join HydraForce, a Bosch Rexroth Company, as a Senior Buyer and be part of a team that is at the forefront of providing innovative electro-hydraulic control solutions. Located in Lincolnshire, IL, this position offers a dynamic environment where you can drive strategic sourcing initiatives across North America and international markets. You'll leverage your extensive experience in procurement to negotiate contracts and build strong relationships with key suppliers. As a Senior Buyer, you will evaluate suppliers, analyze quotations, and oversee the procurement process from sourcing to contract execution. Your analytical mindset will be essential in studying market trends and recommending the best sources of supply while ensuring compliance with company policies. This hybrid role will require you to be in the office three days a week, providing an excellent work-life balance. If you have a passion for fostering collaborative partnerships and a strong track record in procurement, we want to hear from you. Join us and empower your career while making a difference in the world of Drive and Control Technologies!

Frequently Asked Questions (FAQs) for Senior Buyer Role at Bosch Group
What are the responsibilities of a Senior Buyer at HydraForce?

As a Senior Buyer at HydraForce, your primary responsibilities include driving strategic sourcing initiatives, conducting supplier evaluations and negotiations, and managing complex contracts. You will oversee the procurement process from sourcing suppliers to contract execution and delivery, ensuring compliance with company policies. Establishing and maintaining strong relationships with key suppliers is crucial, as is analyzing quotations and making recommendations to optimize costs while maintaining quality.

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What qualifications are necessary for the Senior Buyer position at HydraForce?

To qualify for the Senior Buyer position at HydraForce, candidates should possess a Bachelor's degree in Business Management, Supply Chain Management, or a related field, along with a minimum of 10 years of experience in production planning or buying within a manufacturing environment. Strong familiarity with procurement best practices, contract management, and an analytical mindset to analyze data and identify trends are also required. Experience with IT logistics systems like SAP is a plus.

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What is the work environment like for the Senior Buyer at HydraForce?

The work environment for the Senior Buyer at HydraForce is professional and fast-paced, operating in an office setting but also involving collaboration with suppliers potentially leading to international travel. The role is hybrid, requiring in-person attendance three days a week. This flexible arrangement helps foster a collaborative, engaging workplace, where you can grow alongside the company.

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What benefits does HydraForce offer to its Senior Buyers?

HydraForce provides a comprehensive benefits package for its Senior Buyers, including health, dental, and vision plans, a health savings account (HSA), a 401(K) retirement plan with employer match, wellness programs, and paid time off. Additionally, the company offers reimbursement for education expenses, showcasing their commitment to employee growth and well-being.

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Is work authorization required for the Senior Buyer role at HydraForce?

Yes, work authorization is a requirement for the Senior Buyer position at HydraForce. Candidates must have indefinite U.S. work authorization, as the role is not open for international assignments or future sponsorship for work authorization.

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Common Interview Questions for Senior Buyer
Can you describe your experience with supplier negotiations as a Senior Buyer?

When discussing supplier negotiations, emphasize specific instances where you successfully negotiated favorable terms. Use the STAR method (Situation, Task, Action, Result) to illustrate your capability in building relationships and achieving beneficial outcomes for your organization.

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How do you ensure compliance with procurement policies within your team?

To ensure compliance, you can demonstrate your approach to training team members on the procurement policies, conducting regular audits, and developing checklists or guidelines that make it easier for everyone involved. Highlight your proactive strategies in maintaining policy adherence.

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What strategies do you use to analyze suppliers' quotations?

Discuss specific analytical techniques you employ, such as cost-benefit analysis, benchmarking against industry standards, and risk assessment. Explain how these strategies led to improved supplier selection and cost savings in previous roles.

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How do you maintain strong relationships with key suppliers?

Illustrate your relationship management strategies, such as regular communication, fostering transparency, and creating partnership opportunities. Providing examples of how you successfully navigated conflicts or challenges to solidify relationships can be impactful.

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What metrics do you use to evaluate supplier performance?

Share the key performance indicators (KPIs) you track, such as on-time delivery rates, quality of materials, and compliance with contracts. Explain how these metrics inform decisions on future sourcing and supplier development.

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Can you discuss a time when you achieved significant cost savings in your procurement role?

Provide a detailed example, following the STAR approach, explaining the situation, your role, the actions you took, and the quantifiable results. Focus on your ability to analyze spending and recommend alternatives.

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How do you approach market research when sourcing materials?

Discuss your method for conducting thorough market research, including using data analytics tools, staying updated on industry trends, and comparing supplier pricing. Your ability to make informed decisions based on this data should be highlighted.

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What is your approach to conflict resolution with suppliers?

Explain your conflict resolution process, emphasizing communication, negotiation, and finding common ground. Highlight specific examples where you resolved disputes effectively to maintain supplier relationships.

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What role does team collaboration play in your sourcing strategy?

Emphasize the importance of collaboration with cross-functional teams, including engineering and project management, to gather insights on requirements. Address how collaborative efforts lead to more effective sourcing strategies and supplier selections.

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What do you think is the most challenging aspect of being a Senior Buyer?

Reflect on common challenges such as market volatility, supplier reliability, and balancing cost with quality. Share how you approach these challenges strategically, using examples of problem-solving situations you've navigated successfully.

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Bosch is a global supplier of technology and services. Bosch specializes in consumer goods, industrial technology, and energy technology. It offers innovative solutions for smart homes, smart cities, connected mobility, and connected manufacturing...

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Full-time, hybrid
DATE POSTED
April 11, 2025

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