In-Direct Procurement Manager
2 months ago
Job Summary: The In-Direct Procurement Manager is responsible for the procurement of goods and services that support production, distribution, and retail operations, including retail packaging, signage, promotional giveaways, shipping materials and other production-related collateral. This role includes managing inventory, forecasting demand and ensuring Just-In-Time (JIT) replenishment to maintain optimal stock levels.
Procurement Strategy:
- Develop and implement procurement strategies for indirect materials.
- Negotiate contracts and terms with suppliers to secure cost-effective deals.
- Evaluate and select suppliers based on quality, cost, and delivery capabilities.
Inventory Management:
- Monitor inventory levels to ensure adequate supply without overstocking.
- Utilize inventory management systems to track and forecast inventory needs.
- Implement JIT replenishment strategies to minimize inventory costs and waste.
Supplier Relationship Management:
- Build and maintain strong relationships with suppliers and vendors.
- Conduct regular supplier performance evaluations and audits.
- Resolve any supply issues or discrepancies in a timely manner.
Demand Forecasting:
- Analyze sales and usage data to forecast demand for indirect materials.
- Collaborate with production and sales teams to align procurement plans with business needs.
- Adjust forecasts and procurement plans based on market trends and business changes.
Cost Control:
- Monitor and control procurement budgets to achieve cost savings.
- Identify opportunities for cost reduction and process improvements.
- Track and report on procurement KPIs to senior management.
Compliance and Risk Management:
- Ensure compliance with company policies, procedures, and regulatory requirements.
- Identify and mitigate risks associated with the procurement of indirect materials.
- Develop contingency plans for supply chain disruptions.
Process Improvement:
- Continuously seek ways to improve procurement processes and efficiencies.
- Implement best practices in procurement and inventory management.
- Utilize technology and automation to streamline procurement activities.
Qualifications:
- Bachelor's degree in Business, Supply Chain Management, or related field.
- 5+ years of experience in procurement, with a focus on indirect materials.
- Strong negotiation, communication, and relationship management skills.
- Proficient in inventory management systems and demand forecasting tools.
- Excellent analytical and problem-solving abilities.
- Knowledge of procurement best practices and JIT principles.
- Ability to work collaboratively with cross-functional teams.
Competencies:
- Strategic Thinking
- Financial Acumen
- Supplier Relationship Management
- Inventory and Demand Forecasting
- Negotiation and ContractManagement
- Process Improvement and Innovation
- Risk Management
Working Conditions:
- Office and Production environment with occasional travel to supplier locations and production sites.
- Ability to work under pressure and meet tight deadlines.
Stipulation of employment is passing an OHIO BCI and FBI background check in accordance with ORC/OAC 3796. Employees are not allowed to work on the premises until the badge is activated in the Ohio Department of Medical Marijuana e-Licensing portal.
Job Type: Full-time
Work Location: In person
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