What are the responsibilities and job description for the Purchasing Manager position at LotusLynx?
Key Responsibilities:
• Lead, coach, and develop a team of Buyers and Purchasing professionals, including goal setting, performance management, training, workload management, and career development.
• Oversee the end to end purchase order lifecycle, including requisition review, PO creation, order confirmation, delivery tracking, and issue resolution.
• Monitor open purchase orders and proactively address late, past due, or at risk deliveries.
• Lead escalations involving urgent or critical material requirements to minimize production disruptions.
• Monitor supplier performance across delivery, quality, responsiveness, pricing, and compliance.
• Lead supplier performance reviews and corrective actions when necessary.
• Partner with Manufacturing, Operations, Materials, Warehouse, Finance, and Engineering to align purchasing activities with production schedules, demand, and inventory requirements.
• Support inventory optimization by balancing order quantities, lead times, demand forecasts, MRP requirements, and supplier capacity.
• Establish and monitor procurement KPIs, including on time delivery, PO cycle time, supplier performance, cost savings, and service levels.
• Analyze purchasing and operational data to identify risks, trends, and opportunities for improvement.
• Lead continuous improvement initiatives focused on cost reduction, process efficiency, supplier performance, system utilization, and waste reduction.
• Maintain accurate procurement data within ERP and purchasing systems while ensuring compliance with internal controls and purchasing policies.
• Partner with Strategic Sourcing and Category Management on supplier performance, material availability, pricing, lead times, and other operational considerations.
• Support purchasing operations through periods of organizational growth, process change, and ERP or system implementations.
Required Qualifications
• 5 years of progressive experience in procurement, purchasing, supply chain, or a related function.
• 2 years of experience leading, supervising, or managing employees.
• Demonstrated experience leading and developing Buyers, Purchasing Specialists, or similar procurement professionals.
• Hands on experience with ERP, MRP, and/or procurement systems.
• Strong understanding of the complete purchase order lifecycle, supplier management, inventory management, and basic logistics.
• Strong Excel and data analysis skills with the ability to interpret purchasing and operational data.
• Experience managing supplier performance and resolving material, delivery, and purchasing issues.
• Strong cross functional communication and stakeholder management skills.
• Ability to manage multiple priorities and respond effectively to time sensitive operational needs.
• Ability and willingness to travel approximately 30% (or less) domestically
Preferred Qualifications
• Experience within a manufacturing environment.
• Experience with MRP, demand planning, or production planning systems.
• Experience developing or managing supplier scorecards and supplier performance programs.
• Experience with Lean Manufacturing or continuous improvement initiatives.
• Experience leading purchasing teams through growth, restructuring, process improvement, or ERP/system implementations.
• CPSM, CIPS, CPM, or similar procurement or supply chain certification.
Salary : $125,000 - $135,000