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Buyer - New Albany Indiana

Industrial Physics Inc
New Albany, IN Full Time
POSTED ON 1/28/2026 CLOSED ON 3/28/2026

What are the responsibilities and job description for the Buyer - New Albany Indiana position at Industrial Physics Inc?

Description

WE ARE GROWING! Looking for a rewarding future? Interested in becoming a team member of a successful organization? Would you like an opportunity to join a dynamic, well established company that has been in business for over 70 years? Your search stops here! Our company employees share a teamwork atmosphere and a company culture designed to reward employees for the success of the organization. Our company is a leading global supplier of scientific laboratory testing equipment.


Position Summary

Daily responsibilities include Reporting, Material Purchasing, Inventory Monitoring, Managing Vendor Relationships utilizing Lean Practices to maintain efficiencies in supply chain management through the production output stage of customer order fulfillment. Measures of success include Days In Inventory (DII), Annual Inventory Turnover, Product On-Time Delivery (OTD), Purchase price variance (PPV) and Vendor Performance.


ESSENTIAL DUTIES AND RESPONSIBILITIES

The job duties of this position will include but are not limited to the following:

• Analyze material requirements to ensure uninterrupted flow of materials and services for designated commodity/part families for production utilizing MRP, pull Indicators and new product introduction plans.

• Identify, develop, and manage effective relationships with existing and potential suppliers of goods and services to meet the established cost, quality, and delivery targets.

• Negotiate price and delivery terms with suppliers to minimize material cost, inventory levels, and transportation costs while supporting production demand requirements.

• Manage procurement of assigned components including order placement, expediting & discrepant material resolution.

• Create and maintain reports as needed to monitor inventory levels and support production schedules.

• Mitigate material shortages and/or planning work order delays through direct involvement with production resources and suppliers.

• Maintain and improve lean techniques for inventory management, point of use stocking, and just in time manufacturing planning of customer orders.


Requirements

BA/BS in a related field with a minimum of 3-5 years of procurement and supply chain experience in a Lean (Kanban, Demand Pull, Point of Use, etc) manufacturing environment. 7 years of experience in lieu of a degree.

• Minimum 3 years’ experience with an ERP/MRP system.

• Excellent communication and computer skills including MS Word, Excel, and Outlook.

• Strong attention to detail and strong analytical skills.

• CPIM or APICS certification a Plus.

• International procurement experience a Plus.

• Must be able to stand/walk for extended periods of time and lift 30 to 50 lbs

Salary.com Estimation for Buyer - New Albany Indiana in New Albany, IN
$64,212 to $75,208
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