Purchasing Manager

Company Description

CasinoTech Electronics, a well-established casino parts and supplies distribution company, has been operating for over 20 years and is on a rapid growth trajectory. With headquarters in the Hwy 249 and SH99 area near Tomball, TX, and additional operations in Las Vegas, we specialize in sales, service, distribution, and marketing. Our dedicated team, including sales representatives, customer service, and technical experts, is led by a robust leadership group committed to success in the expanding casino industry. Join our team to contribute to significant growth and exciting opportunities in this dynamic market.

Role Description

This is a full-time, on-site role for a Purchasing Manager based in Tomball, TX. The Purchasing Manager will oversee procurement strategies, vendor relationships, and cost analysis to ensure optimal inventory levels and cost efficiency. This role involves negotiating with suppliers, maintaining procurement records, analyzing market trends, and collaborating with internal teams such as operations, accounting, and distribution to meet organizational goals. The successful candidate will play a key role in driving the company’s operational and sales growth in a fast-paced environment.

Specific Responsibilities

• Establish and implement purchasing policies and procedures
• Monitor ongoing compliance with purchasing policies and procedures
• Direct procurement policies to ensure all items are purchased and delivered within budget and time constraints
• Identify and source new suppliers and vendors of new and used product
• Manage vendor and supplier selection process based on price, quality, support, capacity, and reliability
• Develop and maintain strategic relationships with key suppliers and vendors
• Establish and update an approved vendor/supplier database
• Develop, negotiate, and administer purchasing agreements and contracts with suppliers in support of organizational requirements, and monitor compliance
• Evaluate contracts to ensure compliance with legal requirements and organizational policies
• Facilitate timely placement of purchase orders
• Review purchase orders for proper authorization and compliance with organizational policy and procedures
• Develop and manage purchasing budgets and forecast
• Monitor and reduce purchase variances to meet profit objectives
• Produce regular reports on purchase commitments, cost, and delivery performance
• Evaluate supplier bid opportunities for lot purchase of new and used product
• Manage risk relating to quality, cost, delivery, and supply of purchases
• Oversee supplier compliance with company internal quality standards and external regulations
• Troubleshoot cost, quality, and delivery concerns
• Measure and manage the vendor and supplier cost, quality, and delivery performance Introduce performance improvement measures for suppliers and vendors
• Manage continuous improvement of purchasing processes in line with changing organizational needs and market conditions
• Work with relevant departments to manage inventory requirements for multiple warehouses
• Work with warehouse management for general inventory storage, accountability and accuracy
• Work with quality and tech management for planning, inspection of purchased product and refurbishment or repair where needed
• Work with distribution management for planning and timely receipt and stocking
• Oversee the operations and daily activities of the purchasing department
• Develop, motivate and manage performance of purchasing staff
• Travel up to 25% for regular vendor visits and participation in tradeshows 

Certification/Education Requirements

• 10 years in Purchasing experience (REQUIRED)
• 5 years in Purchasing Management experience (REQUIRED)
• Product distribution experience (preferred)
• Experience in purchasing new and used product (preferred)
• Bachelor’s Degree in related field (preferred)
• Certified Purchasing Professional (CPP), (preferred)
• Certified Purchasing Manager (CPM), (preferred)