Job Type
Full-time
Description
The Procurement Manager is responsible for developing and executing sourcing strategies that support the company's operational goals while maintaining cost-effectiveness, quality, and timely delivery. This role oversees the day-to-day procurement functions, vendor relationships, and inventory management, and directly supervises Purchasing team members to ensure efficient and accurate purchasing practices.
Requirements
- Develop, implement, and manage procurement strategies to support production schedules and operational needs.
- Supervise and provide leadership to the Purchasing team, including task oversight, performance management, and development.
- Evaluate and negotiate contracts with suppliers to ensure the best terms, pricing, and quality.
- Establish and maintain strong relationships with key vendors and suppliers; monitor supplier performance.
- Analyze purchasing trends, costs, and vendor performance to identify areas for improvement.
- Work cross-functionally with departments such as Production, Engineering, and Finance to align purchasing strategies with company objectives.
- Monitor inventory levels and coordinate with the warehouse or production to optimize stock levels without over-purchasing.
- Ensure compliance with company policies, industry regulations, and ethical standards in all procurement activities.
- Manage procurement reporting, including metrics on cost savings, supplier performance, and inventory turns.
- Resolve any procurement-related issues or delays with urgency and professionalism.
Required Qualifications
- Bachelor’s degree in Supply Chain Management, Business Administration, or a related field; equivalent experience may be considered.
- 5+ years of progressive experience in purchasing, procurement, or supply chain roles.
- 2+ years of supervisory experience preferred.
- Proficiency with ERP/MRP systems and Microsoft Office Suite.
Knowledge, Skills & Abilities
- Strong understanding of procurement practices, supply chain processes, and vendor management.
- Solid analytical and problem-solving skills, with the ability to interpret data and make sound business decisions.
- Proficient in ERP/MRP systems and Microsoft Excel; ability to generate and interpret procurement reports.
- Excellent negotiation skills with a proven track record of cost savings and supplier performance improvement.
- Strong interpersonal and communication skills to work effectively across departments and with external vendors.
- Ability to manage multiple priorities and meet deadlines in a dynamic, fast-paced environment.
- High level of integrity and attention to detail.
- Working knowledge of contract terms and applicable compliance regulations.
- Ability to identify and implement process improvements for procurement efficiency.
- Comfortable with strategic planning as well as hands-on, day-to-day purchasing activities.
Supervisory Responsibilities
- Directly supervises the Purchasing team, including task delegation, training, coaching, and performance evaluation.
- Ensures adherence to company purchasing policies and procedures within the purchasing function.
- Monitors workload and supports prioritization to maintain efficiency and accuracy.
- Provides guidance and development opportunities to enhance the performance and growth of direct reports.
- Collaborates with leadership to align procurement staffing needs with company objectives
Travel
- This role requires minimal travel, primarily for training purposes. Travel will be limited and scheduled in advance.