Purchasing Manager

Description:

JOB SUMMARY

The Purchasing Manager will oversee all aspects of the procurement process, from identifying reliable suppliers to negotiating contracts and managing inventory levels. This role requires strong negotiation skills, attention to detail, and the ability to optimize procurement processes to achieve cost savings and operational efficiency.

Key Responsibilities:

Strategic Sourcing:

• Identify, evaluate, and select suppliers based on quality, cost, reliability, and performance.
• Develop and maintain strong relationships with key suppliers to ensure a stable and efficient supply chain.

Contract Negotiation:

• Negotiate favorable terms, conditions, and pricing with suppliers to achieve cost savings and favorable contract terms.
• Review and manage supplier contracts, ensuring compliance with company policies and legal requirements.

Vendor Management:

• Collaborate with vendors to improve performance, resolve issues, and ensure on-time delivery.
• Monitor and evaluate supplier performance against agreed-upon key performance indicators (KPIs).

Inventory Management:

• Oversee inventory levels to maintain optimal stock levels while minimizing carrying costs.
• Implement inventory control measures and strategies to prevent shortages and excess stock.

Cost Analysis:

• Conduct cost analysis to identify areas for cost reduction and process improvement.
• Monitor market trends and industry changes to make informed purchasing decisions.

Compliance and Risk Management:

• Ensure compliance with company policies, industry regulations, and ethical standards.
• Identify and mitigate risks in the supply chain to ensure business continuity.

Requirements:

Qualifications:

Associate or bachelor’s degree in business, Supply Chain Management, or a related field (master’s degree preferred).

7 plus years of proven experience in procurement and vendor management.

Strong negotiation skills and the ability to build and maintain effective supplier relationships.

Knowledge of procurement regulations, contract law, and industry best practices.

Proficiency in using procurement and inventory management software.

Additional Requirements:

Excellent communication and interpersonal skills.

Strong analytical and problem-solving abilities.

Proven ability to work collaboratively with cross-functional teams.

Certification in supply chain management or purchasing (e.g., CSCP, CPSM) is a plus.

Physical Requirements:

Job duties performed primarily in an office environment. Ability to remain in a stationary position for 70% of the time, lift or transport items up to 30lbs, walk short distances, bending, stooping, twisting, reaching above and/or below shoulder. May occasionally work out in the field and must be able to work in an outdoor environment with changing temperature.