Associate Buyer, Procurement

Analog Devices Inc NASDAQ ADI is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge ADI combines analog digital and software technologies into solutions that help drive advancements in digitized factories mobility and digital healthcare combat climate change and reliably connect humans and the world With revenue of more than 12 billion in FY22 and approximately 25 000 people globally working alongside 125 000 global customers ADI ensures todays innovators stay Ahead of Whats Possible Analog Devices NASDAQ ADI designs and manufactures semiconductor products and solutions We enable our customers to interpret the world around us by intelligently bridging the physical and digital worlds with unmatched technologies that sense measure and connect The Buyer is mainly responsible for processing purchase requests into orders for global procurement function where focus would be primarily on processing Purchase Requisition for FAB Purchase Order for FAB Corp functions other related activities The Buyer is required to seek and obtain cost reductions via vendor negotiations alternate or low-cost vendor identification etc SAP and ADI internal procurement systems are the primary tools used to perform the job Good excel word power point contract and project management skills are necessary to be successful in the jobThis position requires flexibility in working hours to allow for communication and team participation with Global ADI Procurement Team Buyer acts as point of contact for Procurement related assistance for our offices across ADI-Maxim Buyer is also expected to work with ADI FAB Corp functions to assist them in various projects cost reduction activities -We are looking for self-motivated candidate with good communication analytical skills Job responsibilities for this position - Maintaining optimum inventory levels for different workgroups i e consumables critical spares office supplies etc used in our manufacturing facility at ADI fabs Procurement of different category materials i e consumables critical spares office supplies etc using different IT systems including SAP to accomplish the related tasks Creating purchase requisitions PR by Sending RFQs analysing vendor quotes techno-commercial discussion with vendors technical confirmation from stakeholder forming sourcing negotiation strategy in coordination with stakeholders Processing Purchase requisitions into purchase orders POs Vendor follow-up for timely delivery of material vendor development management Post PO support Resolving vendor payment issues etc Working on various inventory management procurement other projects Contract creation NDAs Vendor setup OTD VDO MDO tracking reports etc Desired Candidate Profile - Education - Graduate Post-Graduates B Sc B Com BBA Diploma MBA etc with minimum 60 marks Experience - 0-1 Year Skill Set -Required Skills Good English verbal and written communication interpersonal skills Proficiency in Microsoft Excel and familiarity with Microsoft Windows Word Power point Outlook Strong analytical mathematical problem-solving skill Demonstrated Cost Reduction Negotiation Contract management skills Flexible shift timings to work specifically in night shifts on rotational basis in order to support and interact with stakeholders globally Negotiation skills i e competitive bidding volume leverage cost breakdown sourcing from low cost countries vendors etc with involvement in regular procurement activities Knowledge of Inventory management vendor management development etc Ability to establish and maintain relationships with internal and external customers e g stakeholders vendors for smooth operational functions Experience working with virtual teams across the globe Desired Skills Not Mandatory Management Degree especially in Supply Chain or Business management Wafer FAB experience Strong knowledge of laws relating to procurement activities in Europe and USA Knowledge of SAP MM module as a user Finance and Accounting experience ISO and Quality knowledge For positions requiring access to technical data Analog Devices Inc may have to obtain export licensing approval from the U S Department of Commerce - Bureau of Industry and Security and or the U S Department of State - Directorate of Defense Trade Controls As such applicants for this position - except US Citizens US Permanent Residents and protected individuals as defined by 8 U S C 1324b a 3 - may have to go through an export licensing review process Analog Devices is an equal opportunity employer We foster a culture where everyone has an opportunity to succeed regardless of their race color religion age ancestry national origin social or ethnic origin sex sexual orientation gender gender identity gender expression marital status pregnancy parental status disability medical condition genetic information military or veteran status union membership and political affiliation or any other legally protected group Job Req Type ExperiencedRequired Travel Yes 10 of the timeShift Type 1st Shift Days