What are the responsibilities and job description for the Corporate Purchasing Manager position at Pennant Moldings, Inc.?
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Pennant is an American owned leading manufacturer of metal formed products serving a wide range of industries for over 50 years and we are looking for a experienced Corporate Purchasing Manager.
This position is responsible for the procurement of materials, supplies and service categories as assigned. Works to develop a supply chain that meets safety, quality, delivery and cost requirements and goals. Helps the Procurement function and vendors pursue Relentless Continuous Improvement. Strives to meet or exceed customer service, inventory, quality and financial targets set by management.
Responsibilities:
- Managing and mentoring a dynamic team of purchasing professionals.
- Establishing and maintaining measurable performance metrics for all levels of procurement activities to include but not limited to supplier performance, supplier quality, internal order placement performance, buyer activity levels, financial (AP) performance, and material shortage elimination.
- Report to management the measurable status of progress and corrective actions as it pertains to supplier performance.
- Ensure performance improvement and recovery plans are developed, issued, tracked and reported on as required for supply base management and improvement.
- Negotiate and execute purchase orders or vendor contracts as needed to support the critical business needs.
- Manage material flow to insure inventory is maintained to the optimum level to support on time customer deliveries while keeping inventory holdings at the appropriate levels.
- Strategically develop and implement commodity/supply chain strategies covering all commodities, services and supplier processes throughout a global enterprise to deliver maximum value, leverage, and standardization.
- Lead an organization within the scope of the strategic sourcing process to drive cost out of the supply chain by managing the following: Commodity and negotiation strategies including Terms and Conditions Supplier selection/de-selection, evaluation and rationalization of Supply chain solutions, including vendor managed inventory (VMI), supplier consignment, safety stock levels, etc.
- Leads product development commodity strategies in line with corporate initiatives to improve supply chain efficiencies and reduce the total cost of supply chain management.
- Drives usage of cost models to validate commodity strategies and to understand significant cost drivers.
- Manages all activities that develop relationships with suppliers.
- Develops an overall vendor base which creates and sustains a competitive advantage, utilizing global market exploitation, leveraging spend, and leveraging of technologies.
- Provides commodity support to New Program Teams as required to meet target costs and establish program cost models.
- Manages materials savings initiatives in line with profit plan and overall business objectives.
Education and/or Experience
- Bachelor’s degree in Purchasing, Business Administration, or Supply Chain Management principals is required.
- Minimum of seven to ten (7-10) years of Manufacturing Purchasing experience.
- Must have experience purchasing steel and industrial equipment.
- Knowledgeable on service center and steel mill industry.
Skills
- Excellent verbal and written communication skills, with proven negotiation skills.
- Excellent interpersonal and customer service skills.
- Excellent organizational skills and attention to detail.
- Excellent time management skills with a proven ability to meet deadlines.
- Strong analytical and problem-solving skills.
- Strong supervisory and leadership skills with the ability to effectively train others.
- Ability to prioritize tasks and to delegate them when appropriate.
- Understanding of business and management principles.
- Thorough understanding of materials and supplies used in the company.
- Experience with MRP/ERP systems.
- With 25% travel expected
Pennant offers an excellent benefits package that includes Medical/Dental/Vision Insurance, 401(k) Retirement Plan with employer match, Paid Vacation/PTO/Holidays beginning Week 1, and employer paid Short Term Disability and Employee Life Insurance.