Precipart, a precision manufacturing leader in Farmingdale, NY, is seeking a Senior Buyer who is a strategic procurement leader responsible for optimizing cost, quality, delivery, and compliance across assigned categories. This role owns supplier relationships, develops and executes sourcing strategies, and drives continuous improvement while collaborating cross-functionally with Engineering, Operations, and Quality. The Senior Buyer also mentors junior team members, champions ethical sourcing, and ensures scalable, resilient procurement processes that support Precipart’s growth and operational excellence.
ESSENTIAL FUNCTIONS
- Lead procurement of complex, high-precision components, materials, tooling, and subcontracted services (i.e., “assigned category”) to optimize Total Cost of Ownership of purchased goods & services
- Accountable for the KPI’s within the assigned categories (PPV, Supplier Performance, etc.), owner of the sourcing process and the related Continuous Improvement activities to improve our terms and conditions with our suppliers.
- Own the supplier portfolio of an assigned category and closely collaborate with Advanced Sourcing and Supplier Quality to develop and qualify alternate sources
- Building and maintaining long-term relationships with vendors and suppliers with strong emphasis on competitiveness, performance and resilience
- Develop and execute sourcing strategies aligned with production, quality, and financial objectives.
- Manage supplier RFQ’s including analysis, comparison and re-negotiation of quotes (focus existing business)
- Negotiate pricing, terms, and agreements with suppliers; administer and monitor supplier contracts.
- Execute purchase orders of strategic materials and/or NPI purchases as appropriate
- Maintain and evaluate supplier performance scorecards; initiate corrective actions and improvement plans.
- Identify opportunities to consolidate spend, reduce cost, and optimize supplier portfolios.
- Select suppliers for new parts in close collaboration with Advanced Sourcing
- Support new product introductions, design changes, and alternate sourcing in partnership with Engineering and Operations.
- Oversee logistics, WIP flow, traceability, and takt-time alignment for externally processed materials.
- Monitor market conditions, pricing trends, and supplier capabilities to mitigate risk and ensure continuity of supply.
- Ensure full compliance with ISO 13485, AS9100, internal controls, and regulatory requirements.
- Contribute to team development through coaching, training, and knowledge sharing; support Procurement leadership in task delegation, performance feedback, and other personnel-related activities.
- Champion ethical procurement practices in accordance with FCPA and UK Anti-Bribery Act principles.
- Drive continuous improvement and scalability of procurement systems and workflows.
- Responsible for conforming with the company’s quality management system requirements, as well as contributing to its overall effectiveness, and the ultimate goals of customer satisfaction, product compliance and ethical practices/behavior.
COLLABORATION RESPONSIBILITIES
- Partner with Planning and Manufacturing to align material delivery with production schedules.
- Work with Quality and Engineering on vendor qualifications and first article inspection requirements.
- Coordinate with Receiving and Accounts Payable to resolve discrepancies on PO confirmations, shipments, or invoices.
- Support supplier evaluations and periodic business reviews.
REQUIRED EXPERIENCE / SKILLS / EDUCATION
- 5+ years of purchasing or buying experience in a manufacturing environment.
- Experience with subcontracted services, regulated industries, or precision manufacturing.
- Strong problem-solving, negotiation, and cross-functional communication skills.
- Proven ability to independently resolve supplier and material issues and manage competing priorities.
- Experience managing supplier performance, RFQs, and contracts.
- Analytical skills to evaluate cost, supplier performance, and market trends to drive sourcing decisions.
- Mentorship or leadership experience within a purchasing or procurement team.
- ERP proficiency and experience maintaining accurate procurement and supplier data.
- Knowledge of ISO 13485, AS9100, or other regulatory standards for procurement.
- Values treating people well, has an empathetic approach and mindset, is ambitious and strives for personal and collective excellence, supports diversity and inclusion, and has a positive outlook and attitude.
PREFERRED EXPERIENCE / SKILLS / EDUCATION
- Bachelor’s degree in Supply Chain, Business, Engineering, or related field preferred.
- Experience developing and executing sourcing strategies to optimize Total Cost of Ownership.
- Familiarity with supplier portfolio management, risk mitigation, and continuous improvement initiatives.
- Knowledge of cost reduction strategies and procurement process optimization.
- Mentorship or leadership experience within a purchasing or procurement team.
- Strong understanding of total cost of ownership, contract management, and ethical sourcing practices.
Pay Range: $90,000 to $120,000 annual salary
The compensation for this role will be determined through our assessment process, taking into account your qualifications.
What We’ll Offer You in Return:
- Base salary plus incentive program
- Paid time off (TOB, holidays, parental leave)
- Medical, dental, vision insurance
- Flexible Spending Account
- Health Savings Plan
- Life insurance, enhanced short term and long-term disability insurance and other voluntary insurance plans
- 401k Profit sharing plan
- Tuition Reimbursement
- Employee Referral Bonus
- National Employee Assistance Program
- 529 College Savings Program
- Professional development and training
- Brand new, modern workspace and manufacturing facilities
- Company events and outings, from Employee Appreciation Day to professional sports games
- Stable organization with opportunities for future growth within the company
About Precipart:
Precipart engineers, designs and manufactures high precision custom solutions for the world’s leading companies in the Medical, Aerospace and Industrial markets. We act as a partner across your entire manufacturing process by engineering precision gears, mechanical components, assemblies and motion control solutions, as well as delivering end-to-end capabilities and more. With offices in Switzerland, the U.S. and U.K, we are here to help you “engineer possible”.