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Buyer
Company | Loft Orbital |
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Location | Golden, CO, USA |
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Salary | $70000 – $110000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior, Expert or higher |
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Requirements
- 5-10 years of experience in procurement, subcontract administration, or sourcing within a high-tech or hardware-focused industry (preferably aerospace, defense, or similar sectors)
- Strong understanding of subcontract management and procurement principles, with a proven track record in negotiating and managing contracts
- Expert negotiation skills and the ability to secure favorable terms with suppliers while maintaining strong, collaborative relationships
- Demonstrated ability to handle multiple priorities and work well under pressure in a fast-paced environment
- Strong attention to detail, organizational, and time management skills, ensuring deadlines and quality standards are consistently met
- Advanced communication and interpersonal skills, with the ability to work independently and as part of a cross-functional team
- Proficiency with MRP/ERP systems, procurement software, and contract management tools
- Bachelor’s degree in a related field (e.g., supply chain management, business administration, or engineering)
Responsibilities
- Source and procure materials, hardware, and services, ensuring timely delivery to meet engineering and production requirements
- Lead subcontracting efforts, including the preparation, negotiation, and management of purchase orders, contracts, and subcontracts
- Negotiate with suppliers to secure optimal pricing, terms, and delivery schedules, while ensuring long-term, sustainable supplier relationships
- Oversee inventory levels, ensuring materials are available when needed and work with internal teams to develop and implement procurement strategies that align with company goals
- Ensure compliance with company policies, industry regulations, and quality standards. Continuously improve and streamline procurement and subcontracting processes
- Prepare, analyze, and manage purchase orders, contracts, and agreements. Proactively resolve conflicts or issues with suppliers, addressing any contractual disputes or delivery concerns
- Work closely with engineering, production, and logistics teams to understand material and service needs, aligning procurement activities with production schedules
- Track purchasing activity, report on spending, and provide insights to leadership regarding procurement performance, trends, and opportunities for cost optimization
- Coordinate logistics for deliveries, ensuring timely and cost-effective transportation solutions
- Leverage different contractual agreements with vendors (e.g., bulk pricing agreements, not to exceed purchase orders, stocking agreements, and vendor-managed inventory agreements) to optimize the supply chain
Preferred Qualifications
- Experience with international purchasing and global supply chain management
- Knowledge of relevant industry laws and regulations
- Professional certification in procurement (e.g., CPSM, CPSP)