Senior Buyer
@ WAYTEK, INC.WAYTEK, INC.waytek,inc..com
Senior Buyer
Chanhassen, MN
Posted 1 day ago
About the job
Waytek, Inc is seeking a Senior Buyer to handle supplier management, cost reduction, inventory optimization, and supply chain collaboration to support company growth.
Requirements
- Supplier negotiation experience
- Inventory management skills
- Data analysis proficiency
- Strong communication skills
- Experience with ERP systems
Qualifications
- Bachelor's in Business or related
- 5-7 years purchasing experience
- Proven supplier performance success
- Analytical and financial skills
- Leadership in supply chain projects
Full job description
Job Title: Senior Buyer Reports to: Purchasing Manager
Department/Group: Purchasing Travel Required:
Limited
Location: Chanhassen, MN Version Date: June 2026
Summary
The Senior Buyer is responsible for the strategic management of assigned suppliers, inventory performance, and supply chain initiatives. This position focuses on supplier relationships management, cost reduction, inventory optimization, forecasting, risk mitigation, and long-term supply continuity. The Senior Buyer serves as the primary business contact for key suppliers, leads supplier performance reviews, and mentors Buyers on purchasing best practices.
Key Responsibilities
1. Manage strategic relationships with key suppliers and maintain regular business reviews. 2. Develop and execute supplier performance improvement plans focusing on delivery, quality, cost,
and responsiveness. 3. Lead negotiations for pricing, terms, freight agreements, and supply contracts. 4. Analyze root cause of inventory shortages and develop both short-term and long-term corrective
actions plans. 5. Develop and implement back-order reduction strategies. 6. Evaluate supplier capacity, risk, and business continuity concerns. 7. Identify and implement dual sourcing opportunities where appropriate. 8. Review and adjust safety stock levels, purchasing parameters, and inventory strategies to supply
company goals. 9. Monitor supply on-time delivery, quality performance, non-conformance trends, and corrective
actions. 10. Maintain accurate forecasting inputs, usage flags, and inventory planning data. 11. Review and approve purchasing decisions, within established authority levels. 12. Resolve complex supplier issues, escalations, and supply chain disruptions. 13. Investigate and resolve invoice discrepancies involving quantity variances, freight charges, and
supply fees. 14. Collaborate with Product Management, Operations, and Sales on new product introductions and
supply chain initiatives. 15. Lead supplier business review and continuous improvement initiatives. 16. Mentor and supply Buyers in supplier management and purchasing best practices. 17. Utilize data analysis and reporting tools to identify opportunities for inventory, cost, and service
improvements. 18. Perform other duties and assigned.
What Success Looks Like A successful Senior Buyer:
1. Develops strong strategic relationships with assigned key suppliers and serves as a trusted business partner.
Waytek, Inc
Senor Buyer
June 2026
2
2. Drives measurable improvements in supplier performance, including on-time delivery, quality, cost, and responsiveness.
3. Reduces backorders and inventory shortages through proactive planning and root-cause analysis. 4. Successfully negotiates pricing, terms, and supply agreements that improve company profitability
and service levels. 5. Anticipates supply chain risks and implements mitigation strategies, including dual sourcing and
inventory optimization. 6. Uses data and analytics to make informed decisions regarding forecasting, inventory strategy, and
supplier performance. 7. Serves as a resource and mentor for Buyers by sharing knowledge and supporting problem
resolution. 8. Maintains ownership of strategic supplier relationships while driving continuous improvement
initiatives. 9. Contributes meaningfully to company goals related to customer service, fill rate, inventory turns,
and profitability.
Qualifications
1. Bachelor's degree in Business, Supply Chain, Operations, or related field preferred. 2. Minimum 5-7 years of purchasing, procurement, supply chain, or inventory management
experience. 3. Demonstrated success in supplier negotiations and strategic sourcing. 4. Strong analytical, financial, and inventory management skills. 5. Experience leading supplier performance improvement initiatives. 6. Excellent communication, negotiation, and relationship management skills. 7. Advanced proficiency with ERP systems, Microsoft Excel, and reporting tools. 8. Ability to influence cross-functional teams and drive business results. 9. Ability to mentor and develop less experienced purchasing team members.
Work Environment
Work is generally confined to a standard office environment.
Physical Demands
The following are some of the physical demands commonly associated with this position.
1. No unusual physical demands are associated with this position.
2. Spends 80% of the time typing while sitting and 20% of the time either standing or walking. 3. Frequently lifts, carries, pulls, or pushes 2 - 6 pounds. Occasionally lifts, carries, pulls, or pushes up
to 20 lbs. 4. Uses cart, dolly, or other equipment to carry in excess of 25 lbs. 5. Occasionally stoops, kneels, balances, reaches, crawls and crouches while performing office or work
duties. 6. Verbal and auditory capacity enabling interpersonal communication through automated devices, such
as telephones, radios, etc.
Waytek, Inc
Senor Buyer
June 2026
3
7. Constant use of eye, hand and finger coordination enabling the use of automated office machinery or equipment.
8. Visual capacity enabling constant use of computer or other work-related equipment.
Department/Group: Purchasing Travel Required:
Limited
Location: Chanhassen, MN Version Date: June 2026
Summary
The Senior Buyer is responsible for the strategic management of assigned suppliers, inventory performance, and supply chain initiatives. This position focuses on supplier relationships management, cost reduction, inventory optimization, forecasting, risk mitigation, and long-term supply continuity. The Senior Buyer serves as the primary business contact for key suppliers, leads supplier performance reviews, and mentors Buyers on purchasing best practices.
Key Responsibilities
1. Manage strategic relationships with key suppliers and maintain regular business reviews. 2. Develop and execute supplier performance improvement plans focusing on delivery, quality, cost,
and responsiveness. 3. Lead negotiations for pricing, terms, freight agreements, and supply contracts. 4. Analyze root cause of inventory shortages and develop both short-term and long-term corrective
actions plans. 5. Develop and implement back-order reduction strategies. 6. Evaluate supplier capacity, risk, and business continuity concerns. 7. Identify and implement dual sourcing opportunities where appropriate. 8. Review and adjust safety stock levels, purchasing parameters, and inventory strategies to supply
company goals. 9. Monitor supply on-time delivery, quality performance, non-conformance trends, and corrective
actions. 10. Maintain accurate forecasting inputs, usage flags, and inventory planning data. 11. Review and approve purchasing decisions, within established authority levels. 12. Resolve complex supplier issues, escalations, and supply chain disruptions. 13. Investigate and resolve invoice discrepancies involving quantity variances, freight charges, and
supply fees. 14. Collaborate with Product Management, Operations, and Sales on new product introductions and
supply chain initiatives. 15. Lead supplier business review and continuous improvement initiatives. 16. Mentor and supply Buyers in supplier management and purchasing best practices. 17. Utilize data analysis and reporting tools to identify opportunities for inventory, cost, and service
improvements. 18. Perform other duties and assigned.
What Success Looks Like A successful Senior Buyer:
1. Develops strong strategic relationships with assigned key suppliers and serves as a trusted business partner.
Waytek, Inc
Senor Buyer
June 2026
2
2. Drives measurable improvements in supplier performance, including on-time delivery, quality, cost, and responsiveness.
3. Reduces backorders and inventory shortages through proactive planning and root-cause analysis. 4. Successfully negotiates pricing, terms, and supply agreements that improve company profitability
and service levels. 5. Anticipates supply chain risks and implements mitigation strategies, including dual sourcing and
inventory optimization. 6. Uses data and analytics to make informed decisions regarding forecasting, inventory strategy, and
supplier performance. 7. Serves as a resource and mentor for Buyers by sharing knowledge and supporting problem
resolution. 8. Maintains ownership of strategic supplier relationships while driving continuous improvement
initiatives. 9. Contributes meaningfully to company goals related to customer service, fill rate, inventory turns,
and profitability.
Qualifications
1. Bachelor's degree in Business, Supply Chain, Operations, or related field preferred. 2. Minimum 5-7 years of purchasing, procurement, supply chain, or inventory management
experience. 3. Demonstrated success in supplier negotiations and strategic sourcing. 4. Strong analytical, financial, and inventory management skills. 5. Experience leading supplier performance improvement initiatives. 6. Excellent communication, negotiation, and relationship management skills. 7. Advanced proficiency with ERP systems, Microsoft Excel, and reporting tools. 8. Ability to influence cross-functional teams and drive business results. 9. Ability to mentor and develop less experienced purchasing team members.
Work Environment
Work is generally confined to a standard office environment.
Physical Demands
The following are some of the physical demands commonly associated with this position.
1. No unusual physical demands are associated with this position.
2. Spends 80% of the time typing while sitting and 20% of the time either standing or walking. 3. Frequently lifts, carries, pulls, or pushes 2 - 6 pounds. Occasionally lifts, carries, pulls, or pushes up
to 20 lbs. 4. Uses cart, dolly, or other equipment to carry in excess of 25 lbs. 5. Occasionally stoops, kneels, balances, reaches, crawls and crouches while performing office or work
duties. 6. Verbal and auditory capacity enabling interpersonal communication through automated devices, such
as telephones, radios, etc.
Waytek, Inc
Senor Buyer
June 2026
3
7. Constant use of eye, hand and finger coordination enabling the use of automated office machinery or equipment.
8. Visual capacity enabling constant use of computer or other work-related equipment.
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