Procurement Buyer

Posted 2 days ago

samsung electronicsAustin (TX)

Purchasing Agents, Except Wholesale, Retail, and Farm Products Semiconductor and Related Device Manufacturing

SENIORITY

Lead

SALARY

$57,760 - $127,770 per year

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About the role

Job Description

About Samsung Austin Semiconductor: Samsung is a world leader in advanced semiconductor technology, founded on the belief that the pursuit of excellence creates a better world. At Samsung Austin Semiconductor, we are Innovating Today to Power the Devices of Tomorrow. Come innovate with us!

Position Summary: In your role as a Procurement Buyer, you'll work to support the timely development of new product by procuring mechanical parts of equipment based on collaboration with the development departments and partner companies.

Role and Responsibilities

Here's What You'll Be Responsible For

Purchase Order Creation & Management: Design and implement workflows for purchase order generation, approval, and fulfillment, integrating with ERP or other procurement systems.

Manage High Usage and Inventory:

Analyze consumption trends to optimize stocking of high usage items while reducing or eliminating low usage/zero bin inventory.
Negotiate Annual Pricing Agreements and Drive Project Execution
Secure cost saving agreements on parts, lead procurement projects through to implementation, and perform post implementation reviews to validate savings and project impact..Lead Cost Saving and Efficiency Projects
Define project scopes, establish budgets and timelines, and oversee execution to achieve measurable cost reductions and workflow improvements.
Track and Report Procurement Related KPIsMonitor key performance indicators, compile executive level reports, and provide actionable insights to support decision making and company wide goals.
Coordinate with product, manufacturing, and quality teams to ensure smooth parts flow and that procurement processes meet technical and operational needs.
Attend supplier and engineering meetings to discuss procurement strategies, qualification plans, and future projects, ensuring alignment with corporate objectives.

Skills and Qualifications:

Here's what you'll need:
Bachelor's degree in Business, Supply Chain Management, Operations, or a related field 4+ years of procurement / supply -chain experience
Proficiency in inventory- management systems and Microsoft OfficeStrong analytical, problem -solving, and critical- thinking skills

The current base salary range for this role is between $57,760 - $127,770. Individual base pay rates will depend on factors including duties, work location, education, skills, qualifications and experience. Total compensation for this position will include a competitive benefits package and may include participation in company incentive compensation programs, which are based on factors to include organizational and individual performance.

Total Rewards: At Samsung Austin Semiconductor, base pay is just one part of our total compensation package. The base compensation for this role will depend on education, experience, skills, and location. We offer a comprehensive benefits package, including:

Medical, dental, and vision insurance
Life insurance and 401(k) matching with immediate vesting
Onsite café(s) and workout facilities
Paid maternity and paternity leave
Paid time off (PTO) + 2 personal holidays and 10 regular holidays

Wellness incentives and MOREEligible full-time employees (salaried or hourly) may also receive MBO bonuses based on company, division, and individual performance. All positions at Samsung Austin Semiconductor are full-time on-site.

Trade Secrets: By submitting an application, you agree not to disclose to Samsung or induce or encourage Samsung to use any confidential or proprietary information (including trade secrets) belonging to a current or former employer or other entity. Please visit Samsung membership to see Privacy Policy, which defaults according to your location. You can change Country/Language at the bottom of the page. If you are European Economic Resident, please click here. Samsung Electronics America, Inc. and its subsidiaries are committed to Equal Employment Opportunity for all individuals regardless of race, color, religion, gender, age, national origin, marital status, sexual orientation, gender identity, status as a protected veteran, genetic information, status as a qualified individual with a disability, or any other characteristic protected by law.

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