Manager - Purchasing & Supply Chain

Description

Summary

The Manager of Purchasing and Supply Chain will play a crucial role in ensuring the success and growth of our company through effective procurement strategies, new vendor and supplier relationship management. This position will be responsible for developing and executing the company’s sourcing, negotiating, and contracting strategies with suppliers to secure the best possible terms and prices for goods and services essential to our operations. Utilize strategic insight and market knowledge to drive our procurement decisions, ultimately contributing to our overall profitability.

Essential Duties and Responsibilities

• Develops new vendor and supplier relationships.
• Works with our current baseline approved suppliers to negotiate best available cost. 
• Implement strategic procurement plans aligned with company objectives and budgetary requirements.
• Conduct market research and analysis to identify potential suppliers and assess their capabilities, facilities, limitations and how they can help expand our vendor base.
• Mentor and develop purchasing team of various skills and capabilities.
• Negotiate contracts and agreements with suppliers to achieve optimal terms, including pricing, delivery schedules, quality standards, and payment terms.
• Collaborate closely with cross-functional teams, including operations, finance, and quality assurance to ensure alignment of procurement activities. 
• Initiate and develop supplier relationships to foster collaboration, address performance issues, and drive continuous improvement in quality, cost, and delivery.
• Monitor and evaluate supplier performance against key performance indicators (KPIs) and implement corrective actions as necessary to ensure compliance with contractual agreements and quality standards as outlined in our ISO documentation.
• Identify new suppliers, vendors or opportunities for cost savings, process improvements, and risk mitigation within the supply chain. 
• Maintain full records of all new vendors and suppliers qualified to perform fabrication and or assembly services to the organization.  
• Stay abreast of industry trends, market conditions, and regulatory changes affecting procurement practices, and incorporate relevant insights into decision-making processes.
• Maintain accurate records of procurement activities, including contracts, pricing agreements, and supplier performance data, using appropriate procurement management systems and tools.
• Drive continuous improvement initiatives within the procurement function, such as process automation, or technology solutions to enhance efficiency, accuracy, and productivity.
• Collaborate with inventory management teams to optimize inventory levels, minimize excess or obsolete inventory, and ensure timely availability of materials and supplies to support production and operations.
• Identify potential risks within the supply chain, such as supply disruptions, geopolitical issues, or regulatory changes, and develop strategies to mitigate these risks effectively.
• Hires, mentors and if needed administers performance counseling to direct reports. Ensures direct reports possess needed skills and knowledge to successfully perform essential duties.

Requirements

Knowledge, Skills, & Abilities

• Possess strong leadership skills; able to grow and develop talent, assess performance, and provide constructive feedback as needed. 
• Possess strong written and verbal communication skills.
• Strong negotiation skills and the ability to drive favorable outcomes in complex contractual agreements.
• Excellent analytical and problem-solving abilities, with a keen attention to detail and accuracy.
• Effective communication and interpersonal skills, with the ability to build and maintain positive relationships with internal stakeholders and external suppliers.
• Effective time management and organization skills to handle multiple tasks, meet deadlines, and manage priorities.
• Proficiency in business software and tools (EX: ERP systems), as well as Microsoft Office Suite. 
• Ability to travel (including overnight) up to 15%, primarily domestically but may occasionally require international travel. 

Education & Experience

• Bachelor's degree in business administration, supply chain management, or a related field.
• Proven experience in strategic procurement, sourcing, and supplier management required.
• Minimum Five (5) or more years of progressive related experience in a manufacturing, industrial or other relatable industry required.
• Prior supervisory / people leadership experience. 
• Certification in procurement or supply chain management (e.g., CSCP, CPSM, CPM) is a plus.

Physical / Mental/ Demands and Work Environment

The physical/visual/mental demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

1. Regularly required to sit and use hands and finger dexterity.

2. Occasionally required to stand, walk, reach with hands and arms.

3. Occasionally required to lift up to 10-20 pounds.

4. Regularly requires close vision, hearing and talking.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.