What are the responsibilities and job description for the Procurement Manager position at Stellar Consulting Solutions, LLC?
Job Overview
The Site Procurement Manager is responsible for overseeing the procurement operations at a rubber manufacturing facility, ensuring the timely and cost-effective acquisition of raw materials, components, and services necessary for production. This role involves strategic sourcing, supplier relationship management, and collaboration with production, quality, and finance teams to support operational efficiency and company goals. The ideal candidate will have experience in the rubber manufacturing industry, strong negotiation skills, and a proven track record in supply chain optimization.
Key Responsibilities
- Strategic Sourcing: Develop and implement procurement strategies to secure high-quality raw materials (e.g., natural and synthetic rubber, chemicals, and additives) and components at competitive prices, aligning with production schedules and quality standards.
- Supplier Management: Identify, evaluate, and onboard suppliers, maintaining strong relationships to ensure reliable supply chains. Conduct regular supplier performance reviews to assess quality, delivery, and cost-effectiveness.
- Contract Negotiation: Negotiate contracts, terms, and pricing with vendors to achieve cost savings while ensuring compliance with company policies and industry regulations.
- Inventory Control: Collaborate with production and inventory teams to monitor stock levels, forecast material needs, and prevent shortages or overstocking, optimizing just-in-time inventory practices.
- Cost Management: Conduct cost analyses to identify savings opportunities, set benchmarks for continuous improvement, and manage procurement budgets to align with financial objectives.
- Risk Mitigation: Develop and deploy risk management strategies to address supply chain disruptions, such as raw material shortages, tariff issues, or single-supplier risks, ensuring business continuity.
- Cross-Functional Collaboration: Work closely with production, quality assurance, and finance departments to align procurement activities with manufacturing goals, quality standards, and budget constraints.
- Compliance: Ensure procurement processes comply with industry regulations, environmental standards, and company policies, including ethical sourcing and sustainability practices.
- Process Improvement: Implement procurement systems and tools to streamline purchasing workflows, enhance efficiency, and reduce cycle times.
- Reporting: Prepare and present reports on procurement activities, supplier performance, cost savings, and market trends to senior management.
Qualifications
- Education: Bachelor’s degree in supply chain management, business administration, industrial engineering, or a related field. A master’s degree or professional certification (e.g., CIPS, CPSM) is preferred.
- Experience: Minimum of 5-7 years of procurement experience, with at least 3 years in a manufacturing environment, preferably in rubber or polymer industries.
- Industry Knowledge: Strong understanding of rubber manufacturing processes, raw materials (e.g., natural rubber, synthetic rubber, carbon black), and supply chain dynamics.
- Skills:
- Excellent negotiation and contract management skills.
- Proficiency in procurement software (e.g., Coupa, SAP, Oracle) and Microsoft Office (Excel, Word, PowerPoint).
- Analytical skills for cost-benefit analysis and market research.
- Strong communication and interpersonal skills for stakeholder and supplier interactions.
- Ability to work under pressure and manage multiple priorities in a fast-paced environment.
- Certifications: Six Sigma, Lean, or other process improvement certifications are a plus.
- Travel: Willingness to travel occasionally to visit suppliers or attend industry events.