Capital Buyer
Pactiv Evergreen
- Location
- Lake Forest, IL
- Work model
- On-Site
- Level
- Mid
- Salary
- $80k – $95k/yr
- Posted
- 2h ago
About this role
Company Overview Why Choose Us? Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs. Our Sustainability Commitment The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives. Job Description Position Summary
The Capital Buyer is responsible for sourcing, negotiating, and purchasing capital equipment, construction services, engineering services, and project-related materials that support strategic capital investments across the organization. This role works closely with Engineering, Operations, Maintenance, Project Managers, and Finance to ensure capital projects are delivered on time, within budget, and in compliance with company procurement policies.
Key Responsibilities
Lead sourcing and procurement activities for capital equipment, construction services, engineering services, and project materials. Develop and execute procurement strategies that support capital project objectives, schedules, and budgets. Prepare and manage RFQs, RFPs, and bid packages for capital projects. Evaluate supplier proposals, conduct commercial analyses, and make sourcing recommendations. Negotiate pricing, delivery schedules, payment terms, warranties, service agreements, and contracts. Collaborate with Engineering, Operations, Maintenance, Finance, and Project Management teams throughout the project lifecycle. Create and manage purchase orders and procurement documentation in ERP systems. Monitor supplier performance, expediting critical deliveries to ensure project milestones are achieved. Identify opportunities for cost savings, value engineering, supplier consolidation, and process improvements. Support capital budgeting and forecasting activities through accurate cost estimates and market intelligence. Ensure compliance with company procurement policies, safety standards, regulatory requirements, and ethical sourcing practices. Develop and maintain strong supplier relationships to support long-term business objectives. Analyze market trends, commodity fluctuations, and supplier capabilities to mitigate supply chain risks.
Required Qualifications
Bachelor's degree in Package Engineering, Supply Chain Management, Business, Engineering, Finance, or a related field. Strong negotiation, contract management, and supplier relationship management skills. Strong analytical, organizational, and project management skills. Excellent communication and stakeholder management abilities. Ability to manage multiple projects and priorities in a fast-paced environment.
A reasonable estimate of the current range is $80,000 - $95,000 + bonus + benefits. The range displayed on each job posting reflects the minimum and maximum target salaries for the position across all US locations. Within the range, individual pay is determined by job-related skills, experience, and relevant education or training. At Novolex, it is not typical for an individual to be hired at the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.
The benefits for this role include 401(k) plan with company match, comprehensive medical, dental, and vision insurance, flexible spending and health savings accounts, paid vacation, and sick days, paid parental leave, paid