Commodity Buyer
US LBM is one of the leading and fastest growing distributors of specialty building materials in the United States, with a team of over 15,000 employees located throughout the country. Since our founding in 2009, we have acquired over 70 companies and have expanded to more than 500 locations serving 37 states. US LBM is a progressive organization that promotes a unique culture that focuses on the value of its customers and associates. Developing our people is critical to our strategy and fostering our culture of empowerment.
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A Brief Overview
The US LBM Commodity Buyer works with the Senior Buyer and the operational leadership by coordinating contract negotiations with critical commodity suppliers, organizing/conducting regional spot and block buys, and coordinating forward pricing to protect long-term customer contracts. The Commodity Buyer is also responsible for working with teammates to communicate the status of the volatile commodity markets to crucial stakeholders and monitoring commodity-related working capital performance/DSI compared to the target for their assigned areas.
What you will do
Participates in the annual commodity contract negotiation process for assigned areas; monitors and executes supplier agreements for their designated areas.
Procures commodity products for assigned areas.
Builds and maintains relationships with strategic commodity partners.
Transacts business with strategic commodity suppliers as assigned by leadership.
Participates in joint supplier/division business plan meetings to facilitate the achievement of objectives.
Provides guidance to operational leadership on the direction of the commodity markets.
Communicates new product opportunities to the divisions as applicable.
Participates in negotiations for new terms, rebates, and Vendor Managed Inventory (VMI) programs for US LBM and divisions.
Helps resolve challenges between suppliers and US LBM operations, including but not limited to cost, quantities, AP variances, and late shipments.
Travels/visits divisions in their region quarterly to discuss pricing, strategy, and other updates.
Works with team to execute block buys/spot buys and forward pricing for the divisions to protect long-term customer contracts.
Complies with company safety, attendance, and ethics guidelines.
Required For All Jobs
Perform other duties as assigned.
Comply with all policies and standards.
Adheres to Company’s commitment to workplace safety.
Education Qualifications
Bachelor's Degree preferred.
Concentration in Supply Chain studies preferred.
Experience Qualifications
5 years of purchasing, inventory control/management, materials input, or warehousing experience required.
Strong knowledge of the building material industry to support Supply Chain objectives.
Skills and Abilities
A high degree of interpersonal communication for negotiation.
Mastery of the tools needed to extract data, conduct RFPs, manage and replenish inventory.
Proficient in Microsoft Office Suite and other business-related software systems.
Knowledge and skill to organize, plan, manage, execute, and evaluate projects.
Travel Requirements
10-20% Travel.
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US LBM Holdings, LLC, is an equal-opportunity employer. We do not discriminate on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, military status, order of protection status, or any other legally recognized protected basis under federal, state, or local law.
.
A Brief Overview
The US LBM Commodity Buyer works with the Senior Buyer and the operational leadership by coordinating contract negotiations with critical commodity suppliers, organizing/conducting regional spot and block buys, and coordinating forward pricing to protect long-term customer contracts. The Commodity Buyer is also responsible for working with teammates to communicate the status of the volatile commodity markets to crucial stakeholders and monitoring commodity-related working capital performance/DSI compared to the target for their assigned areas.
What you will do
Participates in the annual commodity contract negotiation process for assigned areas; monitors and executes supplier agreements for their designated areas.
Procures commodity products for assigned areas.
Builds and maintains relationships with strategic commodity partners.
Transacts business with strategic commodity suppliers as assigned by leadership.
Participates in joint supplier/division business plan meetings to facilitate the achievement of objectives.
Provides guidance to operational leadership on the direction of the commodity markets.
Communicates new product opportunities to the divisions as applicable.
Participates in negotiations for new terms, rebates, and Vendor Managed Inventory (VMI) programs for US LBM and divisions.
Helps resolve challenges between suppliers and US LBM operations, including but not limited to cost, quantities, AP variances, and late shipments.
Travels/visits divisions in their region quarterly to discuss pricing, strategy, and other updates.
Works with team to execute block buys/spot buys and forward pricing for the divisions to protect long-term customer contracts.
Complies with company safety, attendance, and ethics guidelines.
Required For All Jobs
Perform other duties as assigned.
Comply with all policies and standards.
Adheres to Company’s commitment to workplace safety.
Education Qualifications
Bachelor's Degree preferred.
Concentration in Supply Chain studies preferred.
Experience Qualifications
5 years of purchasing, inventory control/management, materials input, or warehousing experience required.
Strong knowledge of the building material industry to support Supply Chain objectives.
Skills and Abilities
A high degree of interpersonal communication for negotiation.
Mastery of the tools needed to extract data, conduct RFPs, manage and replenish inventory.
Proficient in Microsoft Office Suite and other business-related software systems.
Knowledge and skill to organize, plan, manage, execute, and evaluate projects.
Travel Requirements
10-20% Travel.
.
US LBM Holdings, LLC, is an equal-opportunity employer. We do not discriminate on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, military status, order of protection status, or any other legally recognized protected basis under federal, state, or local law.