# Component Buyer

*/JobTypes/Component_Buyer*

## Neighborhood

### Related (delivered by)

- [Bill of Materials Procurement](/Processes/Bill_of_Materials_Procurement) — delivered by · Processes
- [Procure meter components](/Processes/Procure_meter_components) — delivered by · Processes

### Related (signature role)

- [Electronic Components Distributors](/CompanyTypes/Electronic_Components_Distributors) — signature role · CompanyTypes
- [IT Component Wholesalers](/CompanyTypes/IT_Component_Wholesalers) — signature role · CompanyTypes
- [Electronics Manufacturing Services Provider](/CompanyTypes/Electronics_Manufacturing_Services_Provider) — signature role · CompanyTypes

### Who staffs this

- [Industrial PCB & Drive Repair Center](/CompanyTypes/Industrial_PCB_&_Drive_Repair_Center) — staffs · CompanyTypes

### Required knowledge

- [Bill-Of-Materials Structures](/Knowledge/Bill-Of-Materials_Structures) — requires knowledge · Knowledge
- [Procurement Contract Terms](/Knowledge/Procurement_Contract_Terms) — requires knowledge · Knowledge
- [Incoterms and Logistics](/Knowledge/Incoterms_and_Logistics) — requires knowledge · Knowledge
- [Component Markets and Pricing](/Knowledge/Component_Markets_and_Pricing) — requires knowledge · Knowledge
- [Component categories and specifications](/Knowledge/Component_categories_and_specifications) — requires knowledge · Knowledge
- [ERP purchasing workflow](/Knowledge/ERP_purchasing_workflow) — requires knowledge · Knowledge
- [Procurement and incoterms](/Knowledge/Procurement_and_incoterms) — requires knowledge · Knowledge
- [Supply lead-time and MOQ dynamics](/Knowledge/Supply_lead-time_and_MOQ_dynamics) — requires knowledge · Knowledge
- [Incoterms and Trade Terms](/Knowledge/Incoterms_and_Trade_Terms) — requires knowledge · Knowledge
- [Procurement Practices](/Knowledge/Procurement_Practices) — requires knowledge · Knowledge
- [Supplier Market Conditions](/Knowledge/Supplier_Market_Conditions) — requires knowledge · Knowledge

### Engage in

- [Negotiate Purchase Terms](/Activities/Negotiate_Purchase_Terms) — engage in · Activities
- [Expedite Delayed Orders](/Activities/Expedite_Delayed_Orders) — engage in · Activities
- [Manage Component Lead Times](/Activities/Manage_Component_Lead_Times) — engage in · Activities
- [Negotiate Component Pricing and Terms](/Activities/Negotiate_Component_Pricing_and_Terms) — engage in · Activities
- [Resolve Supply Shortages](/Activities/Resolve_Supply_Shortages) — engage in · Activities
- [Manage supplier delivery performance and shortages](/Activities/Manage_supplier_delivery_performance_and_shortages) — engage in · Activities
- [Manage Supplier Relationships](/Activities/Manage_Supplier_Relationships) — engage in · Activities
- [Negotiate Component Pricing](/Activities/Negotiate_Component_Pricing) — engage in · Activities

### Perform

- [Resolve Invoice and Receiving Discrepancies](/Tasks/Resolve_Invoice_and_Receiving_Discrepancies) — perform · Tasks
- [Negotiate prices and terms with suppliers, vendors, or freight forwarders.](/Tasks/Negotiate_prices_and_terms_with_suppliers,_vendors,_or_freight_forwarders.) — perform · Tasks
- [Expedite Delayed Orders](/Tasks/Expedite_Delayed_Orders) — perform · Tasks
- [Manage Component Cost Reduction](/Tasks/Manage_Component_Cost_Reduction) — perform · Tasks
- [Manage Component Lead Times](/Tasks/Manage_Component_Lead_Times) — perform · Tasks
- [Negotiate Component Pricing and Terms](/Tasks/Negotiate_Component_Pricing_and_Terms) — perform · Tasks
- [Place and Expedite Purchase Orders](/Tasks/Place_and_Expedite_Purchase_Orders) — perform · Tasks
- [Qualify Alternate Sources](/Tasks/Qualify_Alternate_Sources) — perform · Tasks
- [Resolve Supply Shortages](/Tasks/Resolve_Supply_Shortages) — perform · Tasks
- [Track Supplier Delivery Performance](/Tasks/Track_Supplier_Delivery_Performance) — perform · Tasks
- [Maintain item cost and lead-time data in the ERP](/Tasks/Maintain_item_cost_and_lead-time_data_in_the_ERP) — perform · Tasks
- [Manage supplier delivery performance and shortages](/Tasks/Manage_supplier_delivery_performance_and_shortages) — perform · Tasks
- [Source suppliers for assigned component categories](/Tasks/Source_suppliers_for_assigned_component_categories) — perform · Tasks
- [Place Purchase Orders](/Tasks/Place_Purchase_Orders) — perform · Tasks
- [Manage Supplier Relationships](/Tasks/Manage_Supplier_Relationships) — perform · Tasks
- [Request and Evaluate Quotes](/Tasks/Request_and_Evaluate_Quotes) — perform · Tasks
- [Negotiate Component Pricing](/Tasks/Negotiate_Component_Pricing) — perform · Tasks
- [Track Component Lead Times](/Tasks/Track_Component_Lead_Times) — perform · Tasks
- [Source Component Suppliers](/Tasks/Source_Component_Suppliers) — perform · Tasks
- [Resolve Invoice Discrepancies](/Tasks/Resolve_Invoice_Discrepancies) — perform · Tasks

### Uses software

- [Enterprise Resource Planning Software](/Software/Enterprise_Resource_Planning_Software) — uses software · Software
- [Supplier Portals](/Software/Supplier_Portals) — uses software · Software
- [Procurement Software](/Software/Procurement_Software) — uses software · Software
- [E-Procurement Software](/Software/E-Procurement_Software) — uses software · Software
- [ERP System](/Software/ERP_System) — uses software · Software
- [Supplier Portal](/Software/Supplier_Portal) — uses software · Software
- [E Procurement Software](/Software/E_Procurement_Software) — uses software · Software
- [Enterprise Resource Planning System](/Software/Enterprise_Resource_Planning_System) — uses software · Software
- [Microsoft Excel](/Software/Microsoft_Excel) — uses software · Software

### Required skills

- [Supply Risk Management](/Skills/Supply_Risk_Management) — requires skill · Skills
- [Cost analysis](/Skills/Cost_analysis) — requires skill · Skills
- [Expediting and shortage resolution](/Skills/Expediting_and_shortage_resolution) — requires skill · Skills
- [Purchase order management](/Skills/Purchase_order_management) — requires skill · Skills
- [Supplier negotiation](/Skills/Supplier_negotiation) — requires skill · Skills
- [Expediting](/Skills/Expediting) — requires skill · Skills
- [Supplier Evaluation](/Skills/Supplier_Evaluation) — requires skill · Skills

### Requires ability

- [Negotiation Aptitude](/Ability/Negotiation_Aptitude) — requires ability · Ability
- [Numerical Reasoning](/Ability/Numerical_Reasoning) — requires ability · Ability
- [Decisiveness Under Pressure](/Ability/Decisiveness_Under_Pressure) — requires ability · Ability
- [Oral Expression](/Ability/Oral_Expression) — requires ability · Ability
- [Deductive Reasoning](/Ability/Deductive_Reasoning) — requires ability · Ability
- [Mathematical Reasoning](/Ability/Mathematical_Reasoning) — requires ability · Ability
- [Negotiation](/Ability/Negotiation) — requires ability · Ability

### Type of

- [Purchasing Agents, Except Wholesale, Retail, and Farm Products](/Occupations/Purchasing_Agents,_Except_Wholesale,_Retail,_and_Farm_Products) — type of · Occupations

### Problems this exposes

- [supplier on-time-delivery and PPM quality history not surfaced at the moment of award](/Problems/supplier_on-time-delivery_and_PPM_quality_history_not_surfaced_at_the_moment_of_award) — exposes problem · Problems
- [EOL and allocation alerts for electronic components caught too late to re-source the BOM](/Problems/EOL_and_allocation_alerts_for_electronic_components_caught_too_late_to_re-source_the_BOM) — exposes problem · Problems
- [multi-source quote normalization across MOQ, tooling amortization, and Incoterms done in spreadsheets](/Problems/multi-source_quote_normalization_across_MOQ,_tooling_amortization,_and_Incoterms_done_in_spreadsheets) — exposes problem · Problems
- [should-cost analysis on machined and molded parts rebuilt per RFQ with no reusable cost model](/Problems/should-cost_analysis_on_machined_and_molded_parts_rebuilt_per_RFQ_with_no_reusable_cost_model) — exposes problem · Problems