Local Operations Purchasing Manager

Company Overview:

Hunt Electric is 100% employee owned and connected by our core values providing the perfect blend of big-company stability, resources, and opportunities, with the tight-knit team culture, creative spirit, and customer loyalty of a local business.

***We are moving our headquarters to Eagan in 2025! This role is based at our current HQ in Bloomington but will move to Eagan in 2025.***

ROLE AND RESPONSIBILITIES

This position reports directly to the VP of Purchasing. The Purchasing Manager is responsible for overseeing and managing the procurement of materials, equipment, and services for an electrical contracting company. This includes ensuring the timely acquisition of quality products at the best possible prices, while maintaining strong relationships with suppliers. The role also includes leadership and management of a team of buyers, developing strategies for improving procurement processes, and supporting a Centralized Purchasing model and other operational goals.

• Supervise, train and mentor a team of buyers. Providing guidance on procurement best practices, negotiation strategies, service strategies, etc. that aligns with our Centralized Purchasing initiatives.
• Establish key performance indicators (KPIs) for the purchasing team to monitor productivity, compliance, and cost savings, and provide periodic reviews.
• Foster a collaborative, professional and productive work environment. Ensuring high quality and performance that aligns and supports organizational objectives.
• Works with VP of Purchasing and other Purchasing Managers in regard to supplier vetting and relations locally and nationally. Strategizing with our Core Vendor Partners to support Centralized Purchasing and organizational initiatives along with individual project milestones.
• Continuously evaluate supplier performance and provide timely feedback. Make recommendations for improvements or changes as necessary.
• Assist in developing and executing procurement strategies that align with Centralized Purchasing initiatives and support project timeliness, budget constraints and service standards. Work closely with the project managers, estimators and field leaders to understand the project needs and communicate and deploy strategy.
• Leverage advanced procurement technologies (Remarcable) to optimize purchasing processes, operational effectiveness, improve data transparency, and drive strategic decision-making.
• Oversee the procurement processes of direct reports for all material, tools and equipment for projects assigned to the business units assigned to this position.
• Coordinate with Finance, IT, and other internal support leaders to ensure procurement strategies meet cross-departmental needs and support broader organizational goals.
• Identify opportunities to consolidate purchases within assigned business units. Also, collaborate with other Purchasing Managers to identify opportunities to consolidate across the other business units to leverage the collective volume of the organization.
• Analyze purchasing and market trends to educate internal stakeholders and implement cost effective strategies.
• Assist with developing and implementing analytics to identify opportunities for continuous improvement.
• Provide regular updates on procurement activities, costs, savings and supplier performance to VP of Purchasing.
• Assist VP of Purchasing and Director of Risk Management in negotiating favorable terms and conditions with distributors, manufacturers and subcontractors.
• Assist VP of Purchasing and Accounting in negotiating favorable payment terms, rebates and cash discounts with Core Vendors.

$110,000-$140,000 discretionary bonus employee ownership benefits

Individual compensation is determined by skills, qualifications, experience, and location. Compensation details listed in this posting reflect the base hourly rate, monthly rate, or annual salary only. In addition to base compensation, Hunt Electric offers a robust benefits plan. See below for additional details or visit our website at Hunt Electric Careers.

QUALIFICATIONS AND EDUCATION REQUIREMENTS

• Degree in Supply Chain, Business Administration, Electrical, Manufacturing or a related field.
• Minimum of 10 years of experience in procurement or supply chain management within the electrical construction industry.
• Proven track record of successful supplier negotiations and cost management.
• Strong understanding of electrical components and manufacturing processes.
• Excellent negotiation, communication, and interpersonal skills.
• Proficient in procurement software and Microsoft Office Suite (Excel, Word, PowerPoint).
• Strong analytical and problem-solving abilities.
• Ability to work independently and as part of a team in a fast-paced environment.
• Detail-oriented with a strong focus on accuracy.
• Proactive and results-driven with a strategic mindset.
• Adaptable and capable of managing multiple priorities.

PHYSICAL REQUIREMENTS

• This job operates in a professional office environment.
• This role regularly uses standard office equipment such as computers, phones, filing cabinets, photocopiers and fax machines.
• This position requires the ability to lift files and open file cabinets.
• Employees are frequently required to sit, stand, and occasionally required to bend, kneel, reach, stoop, or crouch.
• This position may occasionally lift up to 10 pounds.

COMPENSATION & CULTURE

• 100% Paid Insurance: Our health, dental, and vision plans are 100% employer paid. That's right—ZERO out of your pocket for premiums! Plus, you get to choose between a PPO or an HDHP plan to best fit your needs.
• • Want to Opt-Out? No problem! If you decide to opt out of our insurance plans, you’ll receive a cash benefit instead.
  • Flex Spending/Health Savings Account (HSA): To use for qualified healthcare and childcare expenses.
  • Convenient and FREE in-person and telehealth -health services, including mental health, for those on our health care plans in covered areas.
• Hybrid Work Structure: We offer a flexible hybrid work schedule for many positions, with 3 days in the office and 2 days working remotely.
• Paid Time Off: We offer a generous vacation plan, starting at 3 weeks, plus sick time and 8 paid holidays, ensuring you can relax and recharge.
• 401(k) Match: We'll match 25% of the first 6% of your income that you contribute to your 401(k).
• Annual Discretionary Bonus: Employees enjoy an annual discretionary bonus based on company performance and individual contributions.
• Discretionary Profit Sharing: It’s common to see a deposit comparable to 10% of your annual compensation in your retirement account each year.
• ESOP (Employee Stock Ownership Plan): As you work, you earn stock in the company, turning your efforts into ownership. All eligible employees receive ESOP allocations proportional to their eligible earnings. This makes you not just an employee, but an employee owner.
• Good Business, Good People: The commitment to the community and volunteering comes right from the people at Hunt and it really shows the heart behind our company. We give our employees plenty of opportunities to get involved with something they are passionate about. Whether they're pedaling for a cure, teaming up to ease childhood hunger, or participating in our donation match program - they've got our full support.
• In-House Learning & Development: We believe in supporting goals that you set for yourself by offering opportunities for skill enhancement and career pathing creating an environment where employees can thrive.
• Employee Resource Groups: We provide a platform for employees to come together based on shared interest, backgrounds, or identities fostering a sense of community and belonging in the workplace. Some of these groups include Women in the Workplace, LGBTQIA , Remote Workers, and Mental Health and People with Disabilities.