What are the responsibilities and job description for the Procurement Director position at iNRCORE, LLC?
Overview
Gowanda Electronics is a leading provider of precision electronic components for RF, microwave, and power applications. We have been at the forefront of innovation for over 50 years, designing and manufacturing high-quality inductors, chips, chokes, coils, conicals, toroids, transformers, and magnetic devices.
About the Role
The Procurement Manager will oversee the purchasing process, optimizing costs, negotiating favorable terms with suppliers, and ensuring financial efficiency. They will be responsible for mitigating risk while optimizing budget, maintaining high quality standards, and achieving a competitive edge.
Key Responsibilities
- Developing cost-effective strategies for purchasing materials used in the business
- Maintaining relationships with suppliers while scouting for additional vendors
- Evaluating spending operations to improve product quality and delivery timeliness
- Communicating with management regarding the efficient flow of goods and services affecting production
- Conducting cost analyses and setting benchmarks for improvement
- Developing risk management procedures to mitigate losses in the event of product shortages
- Supervising a purchasing team and delegating tasks across departments when necessary
- Working closely with the company legal department to ensure contracts and terms are favorable
