Buyer II at Inversion Space

Los Angeles, California, United States

Inversion Space Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
AerospaceIndustries

Requirements

  • Proactive
  • Detail-oriented

Responsibilities

  • Collaborate with engineers to understand specific material, part, or equipment needs that go beyond basic purchasing
  • Obtain and evaluate quotes from vendors, ensuring cost-effectiveness, quality, and delivery timelines
  • Coordinate the ordering process, ensuring that all necessary documentation and approvals are in place
  • Handle special purchasing needs, including non-standard items or custom components
  • Oversee the shipping and receiving process to ensure materials arrive on time and in good condition
  • Track purchase orders and shipments and proactively resolve any delays or issues with suppliers or logistics
  • Maintain accurate records of all orders, deliveries, and inventory updates
  • Work with engineering teams to understand upcoming projects and predict future procurement needs
  • Maintain an organized forecasting system to ensure materials and supplies are ordered ahead of time to avoid delays in projects
  • Collaborate with the engineering team to ensure optimal inventory levels are maintained and identify opportunities for cost savings
  • Build and maintain strong relationships with suppliers and vendors
  • Negotiate pricing, lead times, and payment terms to secure favorable agreements for the company
  • Continuously evaluate supplier performance to ensure high standards of service, quality, and delivery
  • Ensure all purchases meet company policies, industry regulations, and safety standards
  • Maintain up-to-date records of all procurement activities

Skills

Key technologies and capabilities for this role

ProcurementVendor ManagementQuote EvaluationPurchase Order ManagementInventory ManagementForecastingLogisticsSupplier CoordinationMaterials Sourcing

Questions & Answers

Common questions about this position

What is the salary for the Buyer II position?

This information is not specified in the job description.

Is this Buyer II role remote or onsite?

This information is not specified in the job description.

What skills are needed for the Buyer/Planner role?

The role requires being proactive and detail-oriented, with strong abilities in collaborating with engineers, vendor management, procurement processes, logistics tracking, forecasting, and negotiation.

What is the company culture like at Inversion Space?

This information is not specified in the job description.

What makes a strong candidate for this Buyer II position?

A strong candidate is proactive, detail-oriented, and excels at collaborating with engineering teams on procurement needs beyond standard purchases, managing logistics, forecasting, vendor relationships, and ensuring compliance.

Inversion Space

Develops low-cost re-entry vehicles for cargo

About Inversion Space

Inversion Space develops re-entry vehicles that are designed to return cargo and resources from space at a low cost and with high frequency. Their vehicles enable the safe return of various types of cargo from low-earth orbit and beyond, making the process of returning from space as routine as launching into it. This company serves clients in the space exploration and commercial space sectors, generating revenue through service contracts and partnerships with space agencies and private companies. Inversion Space differentiates itself by focusing on the efficiency and reliability of its re-entry solutions, which are essential for the sustainability and growth of space operations.

Torrance, CaliforniaHeadquarters
2021Year Founded
$121.6MTotal Funding
SERIES_ACompany Stage
AerospaceIndustries
51-200Employees

Risks

Competition from SpaceX and Blue Origin may limit market share.
Potential regulatory hurdles could delay operations and increase costs.
Reliance on SpaceX's Transporter-12 mission poses risk if launch issues occur.

Differentiation

Inversion Space focuses on affordable, high cadence re-entry vehicles for cargo return.
The company aims to make space return as common as space launch.
Inversion Space develops in-house technology for re-entry vehicles, enhancing cost efficiency.

Upsides

Inversion raised $44 million to advance re-entry vehicle development.
Awarded $71M by SpaceWERX for next-gen autonomous re-entry vehicles.
Growing demand for re-entry solutions aligns with Inversion's focus on affordable vehicles.

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