Inventory/Purchasing Manager

Job Title: Inventory and Purchasing Manager
Location: Peru, Illinois
Reports To: Plant Manager

Company: NanoChem Solutions, Inc. – A leading CDMO in the nutraceutical and food-ingredient markets

Job Summary:

We are seeking a dynamic and detail-oriented professional to fill the dual role of Inventory and Purchasing Manager at our nutraceutical manufacturing company. This position is responsible for overseeing inventory management and procurement activities to ensure smooth operations, cost efficiency, and adherence to production timelines. The ideal candidate will have experience in supply chain management, inventory control, and vendor relations within a manufacturing or nutraceutical environment.

Key Responsibilities:

Inventory Management:

• Develop and implement inventory control procedures to maintain optimal stock levels and minimize waste.
• Conduct regular audits and cycle counts to ensure inventory accuracy.
• Monitor stock levels and forecast inventory needs based on production schedules and sales forecasts.
• Coordinate with production and warehouse teams to ensure timely availability of raw materials and finished goods.
• Investigate and resolve inventory discrepancies promptly.
• Maintain accurate records of inventory transactions in the company’s ERP or inventory management system.
• Implement and monitor key performance indicators (KPIs) for inventory management, such as turnover rates and obsolescence.

Purchasing Management:

• Develop and execute procurement strategies to secure high-quality materials and services at competitive prices.
• Source, evaluate, and negotiate with suppliers to establish cost-effective and reliable vendor relationships.
• Manage purchase orders, contracts, and delivery schedules to ensure timely procurement of materials.
• Monitor market trends, supplier performance, and material availability to mitigate risks and identify opportunities for cost savings.
• Ensure compliance with company policies, industry regulations, and quality standards in purchasing activities.
• Collaborate with the quality assurance team to ensure that all materials meet required specifications.
• Manage vendor relationships and resolve issues related to pricing, quality, or delivery.

Qualifications:

• Minimum of 3 years of experience in inventory management and purchasing, preferably in a manufacturing or nutraceutical environment.
• Proficiency in inventory management software and ERP systems.
• Strong analytical skills with the ability to forecast and plan effectively.
• Excellent negotiation, communication, and interpersonal skills.
• Knowledge of regulatory requirements and quality standards in the nutraceutical industry is a plus.
• Ability to multitask, prioritize, and work effectively under pressure.
• Attention to detail and strong organizational skills.

Work Environment:

• Office and manufacturing environment with occasional exposure to production areas.
• May require occasional lifting of materials or equipment up to 50 pounds.

What We Offer:

• Competitive salary and benefits package.
• Opportunities for professional growth and development.
• A collaborative and innovative work environment.
• The chance to contribute to the health and wellness of consumers worldwide.

Equal Opportunity Employer:

· NanoChem Solutions, Inc. is committed to creating a diverse and inclusive workplace and is proud to be an equal-opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Job Type: Full-time

Pay: $75,000.00 - $90,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off

Schedule:

• 8 hour shift

Work Location: In person

Salary : $75,000 - $90,000