Malco Tools, Inc.
Join to apply for the
Buyer
role at
Malco Tools, Inc. Overview
Responsible for purchasing and planning activities to support production, supplier management, and inventory optimization. Collaborates with cross-functional teams to ensure timely delivery and quality of materials. Responsibilities Issue and manage Purchase Orders through our ERP system, including release schedules, lead-time management and expediting to meet production plans. Maintain inventory levels by collaborating with Planning on reorder points, safety stock and inventory optimization. Monitor and evaluate supplier performance on quality, delivery, cost and responsiveness. Address supply chain delays, monitor forecasts/trends, evaluate suppliers (price, quality, availability, reliability), and resolve 3-way match invoice discrepancies. Collaborate with Quality Assurance, Engineering, and suppliers on material issues and non-conforming products (via Material Review Board), facilitating meetings and managing rework/returns. Coordinate with Cross-functional teams (Accounting, Receiving, Engineering, QA, Tool and Die, Returns, Customer Service, Shipping, Operations). Participate in weekly department meetings to resolve discrepancies and ensure smooth operations. Maintain accurate price lists, purchase orders, and revisions (via DCFs and ECRs), preparing reports on past-due orders, back-orders, and supplier delivery plans to meet performance goals.
Education/Experience
Bachelors degree or Associates degree or 3+ years of highly relevant experience. Minimum of 3 years purchasing and planning experience in a manufacturing environment; relevant production experience is a plus. Knowledge of ERP systems (Oracle recommended) for planning, purchase order processing, and sales order conversion. Basic proficiency in Microsoft Office for communication, planning, and task management.
Preferred Attributes
Detail-oriented, organized, and capable of managing multiple projects. Self-motivated and collaborative team player. Strong problem-solving skills with basic root cause analysis capability. Intermediate communication skills (written, verbal, phone, in-person) for effective collaboration with teams and supplier relationships. Operational awareness of production rates and part usage, with ability to multitask and adapt to shifting priorities. Certification in CPIM, CPSM, or CPM (e.g., through ASCM or ISM) or a 4-year college degree is beneficial but not required.
Pay And Benefits
Compensation Range: $65,000- $80,000 401k with company matching Medical, Dental & Vision Insurance Company paid life insurance and paid short-term disability Paid time off
Senioriy level
Mid-Senior level
Employment type
Full-time
Job function
Purchasing and Supply Chain Industries Wholesale
Referrals increase your chances of interviewing at Malco Tools, Inc. by 2x Location and other notes
Cokato, MN; St Cloud, MN; Big Lake, MN; Buffalo, MN; Monticello, MN Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
Buyer
role at
Malco Tools, Inc. Overview
Responsible for purchasing and planning activities to support production, supplier management, and inventory optimization. Collaborates with cross-functional teams to ensure timely delivery and quality of materials. Responsibilities Issue and manage Purchase Orders through our ERP system, including release schedules, lead-time management and expediting to meet production plans. Maintain inventory levels by collaborating with Planning on reorder points, safety stock and inventory optimization. Monitor and evaluate supplier performance on quality, delivery, cost and responsiveness. Address supply chain delays, monitor forecasts/trends, evaluate suppliers (price, quality, availability, reliability), and resolve 3-way match invoice discrepancies. Collaborate with Quality Assurance, Engineering, and suppliers on material issues and non-conforming products (via Material Review Board), facilitating meetings and managing rework/returns. Coordinate with Cross-functional teams (Accounting, Receiving, Engineering, QA, Tool and Die, Returns, Customer Service, Shipping, Operations). Participate in weekly department meetings to resolve discrepancies and ensure smooth operations. Maintain accurate price lists, purchase orders, and revisions (via DCFs and ECRs), preparing reports on past-due orders, back-orders, and supplier delivery plans to meet performance goals.
Education/Experience
Bachelors degree or Associates degree or 3+ years of highly relevant experience. Minimum of 3 years purchasing and planning experience in a manufacturing environment; relevant production experience is a plus. Knowledge of ERP systems (Oracle recommended) for planning, purchase order processing, and sales order conversion. Basic proficiency in Microsoft Office for communication, planning, and task management.
Preferred Attributes
Detail-oriented, organized, and capable of managing multiple projects. Self-motivated and collaborative team player. Strong problem-solving skills with basic root cause analysis capability. Intermediate communication skills (written, verbal, phone, in-person) for effective collaboration with teams and supplier relationships. Operational awareness of production rates and part usage, with ability to multitask and adapt to shifting priorities. Certification in CPIM, CPSM, or CPM (e.g., through ASCM or ISM) or a 4-year college degree is beneficial but not required.
Pay And Benefits
Compensation Range: $65,000- $80,000 401k with company matching Medical, Dental & Vision Insurance Company paid life insurance and paid short-term disability Paid time off
Senioriy level
Mid-Senior level
Employment type
Full-time
Job function
Purchasing and Supply Chain Industries Wholesale
Referrals increase your chances of interviewing at Malco Tools, Inc. by 2x Location and other notes
Cokato, MN; St Cloud, MN; Big Lake, MN; Buffalo, MN; Monticello, MN Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr