Purchasing Manager

At Hyosung HICO we’re transforming the future of energy from our state-of-the-art manufacturing facility in Memphis, TN. By investing in cutting-edge technology and empowering our diverse and talented team, we ensure that every transformer we produce meets the highest standards of quality and performance.

Hyosung HICO is seeking to fill a Purchasing Manager position. The ideal candidate will manage the purchasing team, including purchasing process control, purchasing strategy establishment, bid management, control of purchase order, manage delivery lead times, manage purchase contracts with suppliers, supplier quality audits, handle assets of external providers etc.

• OUR BENEFITS – BEST BENEFITS IN THE INDUSTRY!
• Free Medical Insurance Option – A company paid 100% medical insurance option for you and your family, effective on the first day of the month after hire date
• Free Life Insurance – Employer paid basic life insurance – 1X Annual salary plus an additional $20,000 coverage: Optional buy for dependent coverage
• Paid Vacation, Sick Leave, and 12 paid holidays per year
• Tuition Assistance
• Bonuses – Monthly Attendance (production and some other hourly roles), Annual, and Quarterly bonus eligibility (Bonuses are not guaranteed and are based on several factors such as company and individual performance)
  
  

THE ESSENTIAL FUNCTIONS OF THE POSITION INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING:

• Establish, implement, and oversee purchasing strategy and control of purchase contracts.
• Establish and monitor purchasing policies, supplier requirement, and purchasing ethic policies, etc.
• Manage purchase orders processes including receipts of price quotation, selection, delivery, etc.
• Plan and conduct regular evaluation of registered suppliers with relevant teams per ISO requirements
• Plan and implement education and training for suppliers as required.
• Build and maintain strong relationships with suppliers, negotiating terms to secure favorable pricing and delivery
• Plan and implement improvement activities for cost reduction, quality improvement, standardization, etc.
• Manage documented information and the security of such information, such as annual purchasing strategy, purchase order, approved vendor list, contract, supplier assessment/evaluation report, change request provided by supplier, external provider’s asset list,
• RCA (root cause analysis) report, risk management sheet, organization knowledge, training/education record, job competency assessment, cost reduction, and purchasing procedure (or work instruction), performance report, purchasing policy, etc.
• Responsible for monitoring purchasing KPI’s such as buyer performance, supplier delivery performance, and supplier quality
• Ensure all purchasing team activities are performed with the highest of standards and
• Further the goals and positive, professional image of the Power Transformer Division by conducting business with other Hyosung divisions, departments, suppliers, etc. in a timely and cooperative
• Know Hyosung’s Quality, Safety and Environmental Policies. Be able to fully discuss the importance of these policies and how they impact work.
  
  

THE DESCRIPTION ABOVE REPRESENTS THE MOST SIGNIFICANT ESSENTIAL DUTIES OF THE JOB BUT DOES NOT EXCLUDE OTHER OCCASIONAL WORK ASSIGNMENTS NOT MENTIONED.

THE NON-ESSENTIAL FUNCTIONS OF THE POSITION INCLUDE, BUT ARE NOT LIMITED TO THE FOLLOWING:

• Develop, compose and distribute procedures as
• Take an active role in continuous improvement.
• Make recommendations and take actions to improve Company policies and
• Support and assist the Supply Chain Manager as
• Perform other duties as assigned.
  
  

Education/Special Skills/Experience/Training

• Bachelor’s degree in purchasing, operations, business or related discipline/field, plus a minimum of 8 years’ experience in purchasing within manufacturing environment, including 5 years in purchasing supervisory or equivalent education and/or experience
• Previous experience in heavy industrial manufacturing and/or Engineered to Order manufacturing company.
• Advanced skills in a variety of purchasing techniques within manufacturing (both ERP and non-ERP methodologies).
• Advanced negotiation skills.
• Advanced knowledge of MRP/ERP system functionality and component
• Advanced analytical, critical thinking and problem-solving skills with ability to prioritize and
• Developed communication and interpersonal
• Developed organizational and time management
• Working knowledge of computer systems, emphasizing MS Office, SAP, relational databases, computer-based planning systems and ERP
  
  

PHYSICAL/MENTAL CHARACTERISTICS OF THE POSITION AND ENVIRONMENTAL FACTORS OF THE WORKPLACE:

• Ability to communicate with others to complete work.
• Ability to analyze data required to develop production plans and schedules.
• Able to maintain relationships with diverse groups including co-workers, suppliers and internal
• Ability to communicate with others to complete work.
• Ability to conduct business in a multicultural
• Ability to multi-task and prioritize competing projects and
  
  

Hyosung HICO, Ltd., is an Equal Employment Opportunity (EEO) Employer. It has been and will continue to be a fundamental policy of Hyosung HICO, Ltd., not to discriminate on the basis of race, color, creed, religion, gender, gender identity, pregnancy, marital status, partnership status, domestic violence victim status, sexual orientation, age, national origin, alienage or citizenship status, veteran or military status, disability, medical condition, genetic information, caregiver status, unemployment status or any other characteristic prohibited by federal, state and/or local laws.