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Associate Buyer, Procurement

3 weeks ago

Gandhinagar, India Analog Devices Full time

About Analog Devices

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 $9 billion in FY24 and approximately 24,000 people globally, ADI ensures today's innovators stay Ahead of What's Possible. Learn more at

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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 job

This 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.

Job Description - 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 RFQ’s, 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.
- Education - Graduate & Post-Graduates (B.Sc./B. Com/ BBA/Diploma/MBA etc.) with minimum 60% marks
- Experience - (0-2 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