What are the responsibilities and job description for the Purchasing Manager position at Risus Talent Partners?
The Purchasing Manager reports to the President and is responsible for implementing purchasing strategies that maximize profitability, maintaining positive relationships with suppliers, coordinating with internal teams regarding their supply needs, and overseeing the purchasing team in their daily activities.
Key Duties & Accountabilities
(Primary responsibilities & quantifiable measurements)
- Develop and implement purchasing strategies.
- Manage daily purchasing activities, supervising staff, and allocating tasks.
- Cultivate and manage relationships with suppliers, and negotiate contracts, prices, timelines, etc.
- Communicate cost changes proactively to Sales and Customer Service so they can take necessary steps to protect/increase profit margins.
- Maintain supplier database, purchase records, and related documentation, and share information proactively with the Purchasing Council.
- Maximize profitability by pushing back on cost increases, negotiating for lowest “delivered” cost to include minimum order size for n/c freight, etc.
- Coordinate with inventory control to determine and manage inventory needs.
- Prepare cost estimates and manage budgets.
- Continuously improve purchasing systems and processes.
- Develop a team of A players through coaching and training and development opportunities
- Research, identify, and qualify best value sources of supply.
- Ensure adherence to working capital objectives.
- Develop and manage the relationships with preferred suppliers and act as SME for assigned categories.
- Coordinate with the supply chain leaders to ensure that suppliers adhere to the required delivery schedules. Take appropriate actions to maintain on-time deliveries of approved materials.
