What are the responsibilities and job description for the Procurement Manager position at Kraft Tool Company?
Summary
Kraft Tool Company is a manufacturer and distributor of quality concrete and construction hand tools for professional and homeowner use. Kraft Tool is principally located in Shawnee, Kansas. For over 40 years, Kraft Tool has been a trusted name in the hand tool industry.
We are seeking a highly skilled, experienced Procurement Manager to join our growing organization. In this position, you will be responsible for the management of vendors and sourcing raw materials and equipment. This position also manages two Purchasing Coordinators.
Responsibilities
- Develop, lead, and execute purchasing strategies
- Generate and distribute accurate purchase orders and house budgets
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Craft negotiation strategies and close deals with optimal terms
- Monitor and forecast price and market trends to identify changes of balance in buyer-supplier power
- Monitor and forecast upcoming levels of demand
- Perform cost and scenario analysis and benchmarking
- Assess, manage, and mitigate risks
- Establish standard operating procedures for purchasing; monitor the effectiveness of procedures; revise and improve purchasing processes
- Seek and partner with reliable vendors and suppliers
- Determine quantity and timing of deliveries
- Exercise discretion and judgment
- Draft, review contracts; express ideas clearly and concisely both orally and in written form
Qualifications
- BS degree in supply chain management, logistics, or business administration
- 5 years’ experience in the procurement of raw materials, primarily metals and equipment
- development and review of contracts
- Proven working experience as Purchasing Manager
- Familiarity with sourcing and vendor management
- Interest in market dynamics along with a keen business sense
- Skilled at negotiation and networking
- Working experience of vendor management software
- Ability to gather and analyze data and to work with figures
This job description is not designed to contain a comprehensive list of duties and responsibilities required for this job. Duties and responsibilities may change at any time with or without notice.
This is a full-time, benefits-eligible position. All persons authorized to work for any employer in the United States are encouraged to apply. We are unable to provide sponsorship at this time.
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