What are the responsibilities and job description for the Procurement Manager position at Curio Holdings LLC?
SUMMARY: The Procurement Manager works alongside Inventory Planning, Sales, Marketing, Quality and logistics teams to assist with the day-to-day operations of supply chain activity while acting as a business contact for our domestic and international vendors. The Procurement Manager reviews Curio’s return on spend to ensure fair market pricing is being achieved, works closely with the Product Development Team to source new packaging concepts solutions, ingredient/raw material needs as well as manages internal stakeholder relationships.
ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following. Other duties may be assigned.
- Creating and implementing regional procurement strategies that are innovative, cost-effective, and incorporate the growing complexities and challenges within the industry.
- Actively manage suppliers to meet schedule deadlines, cost and quality requirements for new and existing products.
- Explore value opportunities within supply to protect capital and expense; value engineering product specifications, cost negotiation or establishing new suppliers.
- Benchmark current supplier performance on a Cost/Quality/Delivery basis.
- Collaborate with NPI to source materials and suppliers for new product launches.
- Ensure cGMP and product specification compliance with vendors as well as maintaining appropriate documentation and record keeping.
- Practice effective communication with internal departments (Sales, Marketing, Product Innovation, Logistics, Planners, Accounting) to keep them informed on critical projects.
- Conduct system inquires to interpret and anticipate procurement trends.
- Assist Director of Compliance & Lean Management with ensuring all packaging is compliant with state laws.
- Enforce, maintain and update SOPs according to business needs.
- Provide leadership to the purchasing team to ensure KPI’s are being met.