Why Work at Banner?
For over 50 years, Banner Engineering has been at the forefront of industrial automation. We offer products and solutions including award-winning sensors, wireless solutions, machine safety, indication and LED lighting. From Fortune 500 leaders to innovative startups, Banner's award-winning products and solutions are helping companies around the world increase efficiency, reduce costs, safeguard equipment, and protect personnel. Our commitment to innovation shows through a continuous, market-driven evolution of products and technology. With engineers employed in nearly every major department, engineering is in our DNA.
Banner is a rapidly growing company that offers many personal development opportunities, an excellent benefits package, and a collaborative team of employees who are passionate about what they do.
Pay and Benefits
Banner Engineering is committed to offering competitive pay and benefits, including, but not limited to:
401(k) with match
Student Loan 401(k) match program
Medical, Dental, and Vision Insurance Plans
HSA (Health Savings Account) with company contribution
Paid Time Off (PTO)
Sales and Profit Sharing Eligibility
Flexible work hours
Life Insurance
Paid Parental Leave
Pet Insurance
Base Pay Range: $65,735 - $92,741
The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.
Position Summary
In this role, you'll communicate and work with suppliers to procure production products necessary to manufacturer our automation products and satisfy our customers. With the most important goals of our supply chain team being quality, delivery, and cost, you'll negotiate with suppliers for the best possible landed cost and ensure materials arrive in a timely manner; you'll also work with our supplier quality team to ensure our quality standards are being met.
This position is located at our satellite corporate office at Highways 694 and 169 in Brooklyn Park.
This position reports to US Procurement and Material Control Manager
What You'll Be Doing
This is a great opportunity for someone who enjoys working individually and collaboratively, staying on top of tasks and making a meaningful impact across teams and projects. Below are some key responsibilities of the role.
Key Responsibilities
Manage our suppliers, including quality, delivery and cost performance
Maintain inventory levels and customer satisfaction goals through an understanding of demand patterns in the master production schedule (MPS)
Set up item parameters within Oracle to ensure parts are procured and scheduled to meet both supplier and product needs
Utilize Material Requirement Planning (MRP) to determine and execute procurement and shop floor requirements
Negotiate and manage supplier contracts in accordance with our objectives, policies, and procedures
Establish and maintain quality-oriented supplier relationships
Monitor, report, and manage metrics including spend analysis, inventory exposures, supplier quality, Tariff mitigation, and inventory rationalization
Continually assess market conditions to identify, recommend, and carry out materials management strategy changes
Collaborate with Quality and Applied Engineering departments to address quality control issues, identify alternate sources for approval, and manage inventory levels when transitioning to new or alternate sources
Assist Trade Compliance with import/export requirements
Lead initiatives in cost reduction, quality improvement, and lead time reductions
Maintain knowledge of and comply with all relevant laws, regulations, policies, procedures, and standards.
What You Bring to the Table
To perform this job successfully, you must be able to perform each essential duty satisfactorily, and regular attendance is required. The requirements listed below are representative of the knowledge, skill, and/or ability required to perform this job. Reasonable accommodations may be made to support individuals with disabilities.
Required
3+ years of experience in manufacturing environment purchasing components for manufacturing
Knowledge of negotiating techniques, supplier financial analysis, price forecasting and variance analysis
Effective analytical and problem-solving skills
Proficiency in Excel, including pivot tables, VLOOKUPS and custom sorting
Preferred
Bachelor's degree in business, Operations Materials Management, Supply Chain or Purchasing
APICS or CPM certification
Experience using Oracle
International Sourcing Experience
Supervisory Responsibilities
This position has no direct supervisory responsibilities.
What to Expect at Work
Physical Demands
The physical demands described here must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to support individuals with disabilities.
Sit for up to 8 hours per day.
Continuous movement, walking, or standing.
Exposed to a computer screen for extended periods
May require repetitive motions such as utilize a computer mouse, keyboard, computer, and other standard office equipment.
Communicate with others frequently.
Working Environment
The work environment characteristics described here are representative of those you may encounter while performing the essential functions of this job.
Corporate office environment - indoor and climate-controlled
Core Values
Customer Driven, Accountability Focused, Integrity Always, New Solutions - Every Day
If you excel in a dynamic, collaborative environment and are looking for meaningful challenges and opportunities to grow, you'll find a great fit here. Banner Engineering is a premier employer headquartered in MN, offering competitive compensation, comprehensive benefits, and opportunities for professional development as we rapidly grow in the Industrial Automation industry.
Banner Engineering is an equal opportunity employer that considers all qualified applicants without regard to race, color, religion, sex, sexual orientation, national origin, disability, or protected veteran status.
Affirmative Action (AA)/Equal Opportunity Employer (EOE) M/F/D/V
This job description reflects management's assignment of key responsibilities;
it does not prescribe or restrict the tasks that may be assigned.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
