Excess Buyer, East Coast USA

We are looking for a dynamic Excess Buyer to become a vital part of our vibrant Purchasing team, working remotely across the East Coast. Join the energy and come be part of the momentum! 

This is an amazing opportunity to get involved! As an Excess Buyer, you will play a crucial role in sourcing and purchasing excess inventory while actively prospecting new suppliers, building long-term relationships, and driving revenue growth across your region. This role is ideal for someone who is commercially minded, relationship-driven, and proactive, with a strong ability to spot market opportunities and turn them into profitable deals. 

Our goal is to have a sophisticated team equipped with expert technical skills in addition to keen business acumen. Each member of our team adds unique value to the business and the customer. Sourceability is committed to a culture where we attract the best talent in the industry. 

Insight on your impact:

• Develop and grow a strong pipeline of excess inventory suppliers (OEMs, EMS, distributors) within assigned region.
• Proactively prospect new vendors through cold outreach, networking, referrals, and industry events.
• Build and maintain long-term strategic relationships with suppliers to secure consistent deal flow.
• Source, negotiate pricing, and purchase electronic and mechanical components in line with company margin targets.
• Act as the main point of contact for assigned accounts, ensuring strong communication and follow-up.
• Maintain and update all supplier, contact, and deal information in the ERP/CRM system.
• Drive account growth in terms of revenue, gross profit, and engagement level.
• Identify and execute speculative buys aligned with confirmed or forecasted customer demand (shortage / EOL / LTB opportunities).
• Collaborate closely with Sales to match inventory with active demand.
• Review excess BOMs to identify cost reduction opportunities and margin expansion.
• Analyze market trends to identify high-value parts, constrained components, and premium brands.
• Evaluate product applications to expand resale opportunities across multiple customers and industries.
• Manage purchase orders, contracts, and supplier agreements in compliance with company policies.
• Maintain accurate records of goods ordered, received, and in transit.
• Provide regular updates on pipeline, deals, and vendor activity to management. 

Your qualifications, your influence:

To be successful in the role, you must possess the following skills 

• 3–5+ years of experience in procurement, excess inventory, or semiconductor distribution.
• Strong understanding of the electronics supply chain (OEM, EMS, distribution).
• Proven ability in vendor prospecting and relationship development.
• Commercial mindset with strong negotiation and closing skills.
• Advanced Excel skills (analysis, pricing, data handling).
• Excellent communication skills (written and verbal English required).
• Self-motivated, results-driven, and comfortable working in a fast-paced, target-oriented environment. 

Preferred skills and technical familiarity:

Adding additional insight, and a growth mindset, will elevate your contribution in this role 

• Existing network within OEMs / EMS / distributors in the assigned region.
• Experience working with shortage, EOL, or LTB components.
• Familiarity with ERP/CRM systems.