Dover Corporation
Buyer
Dover Precision Components is hiring a Buyer for our Bearings Plus brand. Bearings Plus, the aftermarket arm of Waukesha Bearings, is an industry leader in the repair, replacement and upgrade of fluid film bearings and seals. Established in 1994 to service the fast turnaround needs of the petrochemical plants along the Gulf Coast, Bearings Plus has its roots deep in the rotating machinery industry and has established itself as a leader in the design, manufacture, and service of fluid film bearings and seals. We are part of stable and innovative Dover Corporation. What You'll Do The Buyer is responsible for ensuring the continuous supply of assigned components to support customer service goals, minimize the total landed cost of material, and optimize cash flow. This is a high mix, low volume engineered-to order product line. The specific responsibilities include: Evaluates and acts upon the MRP requirements and Kanban levels for assigned commodities. Generates and adjusts purchase orders and/or shop work orders to support production schedules. Proactively identifies and takes appropriate corrective actions to prevent material shortages. Takes the lead on sourcing projects, coordinating activities across departments to ensure alignment with strategic objectives and timely completion. Organizes and leads regular meetings with team members and stakeholders to discuss project progress, share best practices, and resolve any challenges. Independently assesses and makes sourcing decisions for assigned commodities, including negotiating terms and conditions with suppliers to meet organizational objectives. Communicates effectively with senior management and cross-functional leaders to provide updates on sourcing initiatives, challenges, and opportunities for improvement. Builds and maintains strategic relationships with key suppliers, negotiating contracts that align with corporate margin expectations and performance standards. Leads initiatives that drive continuous improvement in sourcing processes, utilizing lean methodologies and performance metrics to measure success. Ensures quick resolution of shipping discrepancies, receiving errors, and invoice errors, and authorizes all inventory adjustments. Coordinates adjustments to ship dates or quantities on open purchase orders as necessary. Supports purchasing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building. Conducts small contract negotiations. Gathers information and provides input on larger contracts. Manages loading and retrieving legal and compliance documents into applicable storage systems. Objectively measures and communicates supplier performance to support supply chain continuous improvement efforts. Interfaces with Suppliers, Quality, Strategic Sourcing, and Engineering to quickly resolve quality, delivery or cost issues. Drives increased inventory turns, reduced cycle times, and improved Customer OTD by developing, implementing and managing pull-based material replenishment processes, including, but not limited to Kanban cards, vendor managed inventory and supplier consignments. Works to eliminate excess and obsolete parts and rationalize similar parts. Proactively identifies and addresses complex issues with suppliers, utilizing analytical skills and judgment to determine the most effective solutions. Engenders a spirit of cooperation throughout the supply chain to ensure responsiveness to the customer. What You'll Bring Bachelor's degree in supply chain, business, or related field. Extensive experience in purchasing/planning can be substituted in lieu of 4-year degree. 5+ years' experience in related buyer or supply chain role or related work experience. Excellent analytical, problem solving/decision making skills; ability to make timely, effective, fact-based decisions. Computer skills in scheduling software, ERP systems, and Microsoft office suite, including Word, Excel, Access, MS project. Knowledge of supplier and component qualification processes. Knowledge of supplier performance management practices, including supplier scorecards and performance metrics. Strong interpersonal skills and demonstrated ability to perform and produce results in multifunctional teams in a dynamic work environment. Proven ability to develop collaborative relationships and influence up, down, and across organizational lines. Experience with dynamic, fast paced, and matrixed organization. Also Great If You Bring/Preferences APICS certification. CPIM, CSCP, Lean Manufacturing and Six-Sigma Green Belt certifications are highly desirable. Experience in Lean, such as implementing lean concepts (Value Stream Mapping, Kaizen Leadership, 5S). Prior experience implementing and managing a Kanban or pull system approach to component flow. Experience working with suppliers from low-cost regions (examples: India, China, Eastern Europe). Experience in similar industry (engineered to order rotating equipment components). Dover Precision Components (DPC) is part of Dover Corporation's Pumps and Process solutions segment. DPC holds market leading positions globally and delivers performance-critical solutions across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We design and manufacture mission-critical equipment components to deliver more affordable, cleaner energy solutions and enable manufacturers to operate more efficiently. Dover Precision Components delivers products and services that enhance performance, improve safety, reduce carbon emissions, and accelerate clean energy adoption, through collaborative customer relationships, expert engineering, and an innovative culture. Our strong company portfolio is comprised of long products and services offered by Cook Compression, Cook Mechanical Field Services, Waukesha Bearings, Waukesha Magnetic Bearings, Inpro/Seal, Bearings Plus, and FW Murphy Production Controls. Our global footprint reaches more than twelve locations in the Americas and more than six locations in Europe and China. We are diligent in recognizing our employees' needs and providing an enriching experience through professional developmental opportunities. Our authentic, collaborative company culture, combined with a competitive suite of health and welfare offerings, emulates who we are.
Dover Precision Components is hiring a Buyer for our Bearings Plus brand. Bearings Plus, the aftermarket arm of Waukesha Bearings, is an industry leader in the repair, replacement and upgrade of fluid film bearings and seals. Established in 1994 to service the fast turnaround needs of the petrochemical plants along the Gulf Coast, Bearings Plus has its roots deep in the rotating machinery industry and has established itself as a leader in the design, manufacture, and service of fluid film bearings and seals. We are part of stable and innovative Dover Corporation. What You'll Do The Buyer is responsible for ensuring the continuous supply of assigned components to support customer service goals, minimize the total landed cost of material, and optimize cash flow. This is a high mix, low volume engineered-to order product line. The specific responsibilities include: Evaluates and acts upon the MRP requirements and Kanban levels for assigned commodities. Generates and adjusts purchase orders and/or shop work orders to support production schedules. Proactively identifies and takes appropriate corrective actions to prevent material shortages. Takes the lead on sourcing projects, coordinating activities across departments to ensure alignment with strategic objectives and timely completion. Organizes and leads regular meetings with team members and stakeholders to discuss project progress, share best practices, and resolve any challenges. Independently assesses and makes sourcing decisions for assigned commodities, including negotiating terms and conditions with suppliers to meet organizational objectives. Communicates effectively with senior management and cross-functional leaders to provide updates on sourcing initiatives, challenges, and opportunities for improvement. Builds and maintains strategic relationships with key suppliers, negotiating contracts that align with corporate margin expectations and performance standards. Leads initiatives that drive continuous improvement in sourcing processes, utilizing lean methodologies and performance metrics to measure success. Ensures quick resolution of shipping discrepancies, receiving errors, and invoice errors, and authorizes all inventory adjustments. Coordinates adjustments to ship dates or quantities on open purchase orders as necessary. Supports purchasing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building. Conducts small contract negotiations. Gathers information and provides input on larger contracts. Manages loading and retrieving legal and compliance documents into applicable storage systems. Objectively measures and communicates supplier performance to support supply chain continuous improvement efforts. Interfaces with Suppliers, Quality, Strategic Sourcing, and Engineering to quickly resolve quality, delivery or cost issues. Drives increased inventory turns, reduced cycle times, and improved Customer OTD by developing, implementing and managing pull-based material replenishment processes, including, but not limited to Kanban cards, vendor managed inventory and supplier consignments. Works to eliminate excess and obsolete parts and rationalize similar parts. Proactively identifies and addresses complex issues with suppliers, utilizing analytical skills and judgment to determine the most effective solutions. Engenders a spirit of cooperation throughout the supply chain to ensure responsiveness to the customer. What You'll Bring Bachelor's degree in supply chain, business, or related field. Extensive experience in purchasing/planning can be substituted in lieu of 4-year degree. 5+ years' experience in related buyer or supply chain role or related work experience. Excellent analytical, problem solving/decision making skills; ability to make timely, effective, fact-based decisions. Computer skills in scheduling software, ERP systems, and Microsoft office suite, including Word, Excel, Access, MS project. Knowledge of supplier and component qualification processes. Knowledge of supplier performance management practices, including supplier scorecards and performance metrics. Strong interpersonal skills and demonstrated ability to perform and produce results in multifunctional teams in a dynamic work environment. Proven ability to develop collaborative relationships and influence up, down, and across organizational lines. Experience with dynamic, fast paced, and matrixed organization. Also Great If You Bring/Preferences APICS certification. CPIM, CSCP, Lean Manufacturing and Six-Sigma Green Belt certifications are highly desirable. Experience in Lean, such as implementing lean concepts (Value Stream Mapping, Kaizen Leadership, 5S). Prior experience implementing and managing a Kanban or pull system approach to component flow. Experience working with suppliers from low-cost regions (examples: India, China, Eastern Europe). Experience in similar industry (engineered to order rotating equipment components). Dover Precision Components (DPC) is part of Dover Corporation's Pumps and Process solutions segment. DPC holds market leading positions globally and delivers performance-critical solutions across the oil & gas, power generation, marine, industrial, chemical and general processing markets. We design and manufacture mission-critical equipment components to deliver more affordable, cleaner energy solutions and enable manufacturers to operate more efficiently. Dover Precision Components delivers products and services that enhance performance, improve safety, reduce carbon emissions, and accelerate clean energy adoption, through collaborative customer relationships, expert engineering, and an innovative culture. Our strong company portfolio is comprised of long products and services offered by Cook Compression, Cook Mechanical Field Services, Waukesha Bearings, Waukesha Magnetic Bearings, Inpro/Seal, Bearings Plus, and FW Murphy Production Controls. Our global footprint reaches more than twelve locations in the Americas and more than six locations in Europe and China. We are diligent in recognizing our employees' needs and providing an enriching experience through professional developmental opportunities. Our authentic, collaborative company culture, combined with a competitive suite of health and welfare offerings, emulates who we are.