Buyer (Englewood Cliffs, USA)

Ferrari has a most desirable track record, in Formula One as well as in GT production cars, record business results and voted one of the World's most powerful brands. Working with Ferrari means working with engineering excellence and innovation on the highest level. Above all Ferrari is an international team working with the highest level of professionalism and dedication, based on performance, meritocracy and continuous development, with innovation at the heart of our future.  

In order to strengthen our Purchasing team we are looking to hire a Buyer, based in Englewood Cliffs, NJ. 

In this position, you will be responsible to analyze Ferrari North America current buying systems and create the best methods for day-to-day purchasing operations. The individual is responsible for sourcing goods and services and managing vendors. The successful candidate will be able to perform strategic procurement activities across multiple categories of spend, search for better cost-effective opportunities and find more profitable suppliers in line with HQ Purchasing Department strategy and in compliance to Group Policy and Procedures.

As part of the team, your main responsiblities will be:

Essential Duties and Responsibilities:

• Follow company policies and procedures for the purchases of goods and services with a focus, among others on the following topics:
  • Definition of the sourcing plan every year, with quarterly review.
  • Definition of the sourcing strategy; Pre-Request for quotation based on technical specifications provided by requestor department.
  • Supplier Bidder List preparation.
  • Tender preparation and supplier offer comparison.
  • Negotiation strategy to close deals with optimal terms.
  • Supplier Selection.
  • Coordination with stakeholder for PRs/POs issuing process within established deadline.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Partner with stakeholders to ensure clear requirements documentation and the preparation of the annual sourcing plan, related sourcing strategy and subsequent review.
• Review purchase order claims and contracts for conformance to company policy.
• Review, evaluate, and approve specifications for issuing and awarding bids.
• Keeps accurate records, including price histories and any problems in doing business with vendors.
• Reviews all vendors/suppliers annually, schedules annual meeting with appropriate parties to maintain and negotiate optimum pricing.
• Coordinates the preparation and issuance of RFI’s, RFQ’s and RFP’s on behalf of the Company by working closely with the Legal department and the issuing department.
• Oversees short-and long-range procurement planning and market research.
• Works closely with other departments to ensure meeting all procurement needs in an efficient and cost-effective manner.
• Perform cost and scenario analysis and benchmarking.
• Seek and partner with reliable vendors and suppliers.
• Ability to work in a regulatory environment where business risks are evolving and manage compliance challenges while sustaining an agile SOX compliance.
• Provide supplier mapping activity executed in order to identify possible synergy and saving opportunity with the Sourcing Plan tool.
• Provide supplier risk management activity focused on evaluation of financial background and execution of ethics-related checks in compliance with Group Procedures.
• Establish a vendor rating process to ensure continuous monitoring on supplier performance through the definition of KPIs.
• Support on analysis of invoice process anomalies trough verification and investigation of related causes.
• Monthly reporting to HQ on ongoing/closed projects, sourcing plan, target saving achieved.
• Presenting at the weekly Sourcing Table Committee when needed to request internal validation on the main sourcing activities performed.  

In order to succeed in this challenging role, you will ideally have achieved a Bachelor's degree in business administration, Supply Chain or a related field.  

The following skills are required to perform the role: having 5+ years of purchasing experience, preferably in different categories of spending. Proven working experience in suppliers’ management, preferably as a buyer. Advanced experience with MS Excel and Work, and analysis techniques required. Proven ability to manage multiple projects, prioritize and meet deadlines in a fast-paced environment. Evidence of an ability to work in a cross functional and dynamic teams. Extremely comfortable with ambiguity and change management.  Strong communication skills (verbal and written), with strong presentation skills. Energy, enthusiasm, and detail orientation to produce high quality work. Ability to multi-task in a dynamic, ever-changing environment. Proficient in Microsoft Office. Familiarity with sourcing and vendor management. Proven contract negotiating skills.  Solid judgement along with decision making skills.  Strong analytical skills. Ability to assess, manage and mitigate risks. Strong ability to communicate ideas clearly and concisely both oral and written. High level strategic analysis with detail oriented and precise expectation communication for execution.

Please apply directly on Ferrari.com (Careers pages)

We are an Equal Opportunity Employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job duties of this position.

Location: Englewood Cliffs, NJ (USA)
Seniority: Middle Level