Job Overview: The Purchasing Manager is responsible for overseeing all procurement activities, with a focus on establishing policies and procedures that optimize purchasing operations. The role involves sourcing materials, managing supplier relationships, negotiating contracts, and ensuring a cost-effective procurement process. The goal is to secure the timely and quality supply of materials that support the company's short- and long-term production targets. The Purchasing Manager will directly supervise one Junior Buyer.
Key Responsibilities:
Strategic Sourcing & Vendor Management:
Develop and execute purchasing strategies that align with the company's production and financial objectives.
Identify, evaluate, and negotiate with a diverse supplier base to ensure cost-effective, high-quality procurement.
Build and maintain strong supplier partnerships to secure favorable terms, reliability, and long-term agreements.
Conduct regular supplier performance evaluations and drive improvements in quality, cost, and delivery.
Manage relationships with buying groups and explore additional opportunities to reduce procurement costs.
Cost Management & Savings:
Monitor market trends to identify cost-saving opportunities.
Drive cost reductions by optimizing procurement processes, renegotiating contracts, and consolidating purchases.
Implement controls to manage costs while ensuring material availability for production.
Inventory & Supply Chain Optimization:
Maintain appropriate inventory levels to meet production needs without overstocking.
Collaborate with teams across production, materials, engineering, and quality assurance to align material needs and lead times.
Work closely with suppliers to improve delivery schedules and ensure supply continuity.
Contract Negotiation & Compliance:
Negotiate contracts, terms, and pricing with suppliers, ensuring compliance with company policies and industry standards.
Oversee contract execution to ensure all agreements meet legal, financial, and operational requirements.
Team Leadership & Development:
Lead, mentor, and develop the purchasing team, providing guidance on strategic sourcing, negotiation, and supplier management.
Set performance goals for the team and conduct regular reviews.
Foster a collaborative, proactive purchasing environment focused on continuous improvement.
Reporting & Analysis:
Prepare and present regular reports to senior management, focusing on key metrics such as cost savings, supplier performance, and inventory levels.
Review MRP outputs to identify potential problems or opportunities, and manage inventory effectively.
Participate in weekly production meetings to align short-term schedules with purchasing and manufacturing needs.
Monitor demand changes and adjust procurement plans accordingly.
Manage new part entries and system data to support sales and purchasing functions.
Handle other special projects or duties as assigned.
Qualifications:
Education: Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
Experience: 7-10+ years in procurement or purchasing, preferably in a manufacturing setting.
Leadership: Demonstrated experience in leading a purchasing function, including delegation, timeline management, budgeting, and coaching.
Technical Skills:
In-depth knowledge of supply chain principles, strategic sourcing, contract negotiation, and vendor management.
Proficient in ERP systems (Infor Syteline preferred but not required).
Strong analytical skills for interpreting data and making informed decisions.
Proficient with internal systems and MS Office Suite.
Communication & Negotiation: Strong negotiation, communication, and interpersonal skills, with the ability to influence stakeholders at all levels.
Attention to Detail: High level of accuracy and commitment to precise procurement processes.
Certifications: Certifications such as CPSM, CPM, or equivalent are preferred.
Physical Demands/Work Environment: Primarily office-based role, requiring extended periods of sitting, with occasional walking and standing.
Reasonable Accommodations: This job description outlines the knowledge, skills, and physical requirements needed for successful performance. Reasonable accommodations can be made to enable individuals with disabilities to fulfill essential job duties.