Description
Department: Operations
FLSA Status: Exempt, bonus eligible
Job Summary:
The Purchasing Manager is responsible for developing and implementing effective purchasing strategies, managing vendor relationships, and ensuring the timely and cost-effective procurement of goods and services. This position plays a key role in optimizing the supply chain, negotiating contracts, and maintaining a high level of quality and efficiency.
Supervisory Responsibilities:

• Directly manages a team of employees.
• Responsible for hiring, coaching, developing, and managing performance for direct reports.

Essential Job Functions:

• Strategic Sourcing:
  • Develop and implement strategic sourcing plans to ensure a reliable and cost-effective supply chain.
  • Identify and evaluate potential suppliers, negotiate contracts, and establish long-term relationships to secure favorable terms and conditions.
• Vendor Management:
  • Manage and evaluate vendor performance, addressing any issues or discrepancies in a timely manner.
  • Conduct regular vendor assessments to ensure compliance with quality, cost, and delivery requirements.
• Contract Negotiation:
  • Negotiate contracts, terms, rebates, and conditions with suppliers to achieve the best value for the organization.
  • Work closely with finance team to ensure contracts are in compliance with company policies and regulations.
• Cost Management:
  • Analyze pricing proposals, market trends, and cost factors to make informed purchasing decisions.
  • Implement cost-saving initiatives without compromising quality or service levels.
• Inventory Control:
  • Collaborate with inventory management teams to optimize stock levels and reduce excess inventory.
  • Monitor and track inventory turnover, addressing any discrepancies or issues.
• Cross-functional Collaboration:
  • Work closely with various departments, including production, warehouse, and location leadership, to ensure seamless collaboration and communication throughout the supply chain.
• Risk Management:
  • Identify potential risks in the supply chain and implement mitigation strategies.
  • Stay informed about market trends, geopolitical factors, and other external influences that may impact procurement.
• Compliance:
  • Ensure compliance with relevant regulations, industry standards, and company policies.
  • Stay abreast of changes affecting procurement and sourcing activities.
• Performs other related duties as assigned.

Experience & Qualifications:

• Bachelor's degree in Business, Supply Chain Management, or a related field. (master's degree preferred).
• Proven experience as a Purchasing, Procurement and/or Sourcing Manager with direct reports
• Strong negotiation and communication skills
• In-depth working knowledge of supply chain management and procurement processes.
• Experience working with relevant software, such as ERP systems and procurement tools.
• Analytical and problem-solving abilities
• Excellent organizational and time management skills.
• Ability to manage and lead staff to excellent performance.
• Professional certification may be required in some areas.

Physical Requirements:

• Prolonged periods of sitting, standing, walking, and talking on the phone, attending in-person and virtual online meetings, and use of standard office equipment.
• Ability to travel for work related activities, when needed.

We are an equal opportunity employer that welcomes and encourages diversity in the workplace. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.