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Materials Manager

Performance Corporation
Seymour, WI Full Time
POSTED ON 12/13/2024
AVAILABLE BEFORE 1/31/2025

Position: Materials Manager

Reports to: VP Finance

FLSA Status: Salary


OVERVIEW

The Materials Manager manages, and coordinates activities involved with procuring raw materials for the organization; manages and coordinates scheduling of materials, components and manufacturing to meet customer schedules as a minimum cost; make recommendations to improve productivity, quality, and efficiency of operations.


Summary: Manages and coordinates activities involved with all materials in the supply chain by performing the following duties.

ESSENTIAL DUTIES & RESPONSIBILITIES include the following. Other duties may be assigned.

Inventory Management:

  • Manage overall yard organization and material handling procedures.
    • Ensure proper inventory turnover on a LIFO (last in, first out) basis.
  • Maintain accurate inventory levels of raw, WIP and finished goods to meet facility specific and corporate goals, and to ensure fulfilling customer requirements while maximizing cash flow.
  • Manage and participate in monthly physical inventory counts in accordance with accounting procedures.
    • Responsible for initiating and monitoring a formalized cycle counting procedure to inspect and ensure inventory on-hand accuracy and ensuring Profit/Loss impact communicated to finance team.
  • Determine and manage Min/Max inventory quantities for key raw materials, components and finished goods.
  • Determine excess inventory levels by part and develop plans to reduce through appropriate substitution methods.

Procurement:

  • Purchase material from outside vendors when necessary and appropriate.
    • Analyze costs of raw material and procure at the lowest total cost.
    • Coordinating transportation for pick-ups at third party mills
    • Maintain comprehensive and accurate Vendor/Purchase records.

Material Resource Planning:

  • Develop production forecasts and assess raw material and lumber inventory needs based on those forecasts.
  • Schedule material needs for Carney operations and Seymour cutting operations.
  • Work with Company President, Sales, and Production to determine best raw materials to be used in finished goods production on a customer specific basis.
    • Determine “next best use” for rejected raw materials.
    • Analyze, manage, report, and track all costs, and cost savings, associated with “Best Use” inventory practices with Finance Department.
  • Work with all production areas to minimize waste of material at all inventory levels, including raw material, manufacturing supplies, and finished goods.

QUALIFICATIONS & SKILLS To perform the Materials Manager job successfully, an individual must be able to perform each duty satisfactorily.

  • Education & Experience
    • Minimum of a 2 yr. degree in accounting or inventory control
    • 1 to 3 years of Inventory Experience
  • Communication Skills
    • Ability to read & interpret documents such Balance Sheets, Inventory Lists, General Ledger and other documents that directly pertain to the position.
    • Strong verbal and written communication skills with the ability to effectively present data before groups of employees.
    • Ability to write routine reports and correspondence.
  • Mathematical Skills
    • Ability to work with general mathematical concepts.
    • Ability to apply concepts such as fractions, percentages, ratios and proportions to practical solutions.
  • Computer Skills
    • Knowledgeable in the use of computers, including the intermediate to advanced skills with Microsoft Excel, Microsoft Word, and other programs as required.
  • Reasoning Ability
    • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.

WORK ENVIRONMENT

  • The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee may be exposed to dust particles. The noise level in the work environment is usually moderate.
  • General work conditions are those that are typically found in an office setting.

Apply at: Join the Team – Performance Corp or on really!

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