Purchasing Manager

4 weeks ago

Painesville, United States LHH Full time

Job Overview: The Purchasing Manager is responsible for overseeing all procurement activities, with a focus on establishing policies and procedures that optimize purchasing operations. The role involves sourcing materials, managing supplier relationships, negotiating contracts, and ensuring a cost-effective procurement process. The goal is to secure the timely and quality supply of materials that support the company's short- and long-term production targets. The Purchasing Manager will directly supervise one Junior Buyer.


Key Responsibilities:

Strategic Sourcing & Vendor Management:

  • Develop and execute purchasing strategies that align with the company’s production and financial objectives.
  • Identify, evaluate, and negotiate with a diverse supplier base to ensure cost-effective, high-quality procurement.
  • Build and maintain strong supplier partnerships to secure favorable terms, reliability, and long-term agreements.
  • Conduct regular supplier performance evaluations and drive improvements in quality, cost, and delivery.
  • Manage relationships with buying groups and explore additional opportunities to reduce procurement costs.

Cost Management & Savings:

  • Monitor market trends to identify cost-saving opportunities.
  • Drive cost reductions by optimizing procurement processes, renegotiating contracts, and consolidating purchases.
  • Implement controls to manage costs while ensuring material availability for production.

Inventory & Supply Chain Optimization:

  • Maintain appropriate inventory levels to meet production needs without overstocking.
  • Collaborate with teams across production, materials, engineering, and quality assurance to align material needs and lead times.
  • Work closely with suppliers to improve delivery schedules and ensure supply continuity.

Contract Negotiation & Compliance:

  • Negotiate contracts, terms, and pricing with suppliers, ensuring compliance with company policies and industry standards.
  • Oversee contract execution to ensure all agreements meet legal, financial, and operational requirements.

Team Leadership & Development:

  • Lead, mentor, and develop the purchasing team, providing guidance on strategic sourcing, negotiation, and supplier management.
  • Set performance goals for the team and conduct regular reviews.
  • Foster a collaborative, proactive purchasing environment focused on continuous improvement.

Reporting & Analysis:

  • Prepare and present regular reports to senior management, focusing on key metrics such as cost savings, supplier performance, and inventory levels.
  • Review MRP outputs to identify potential problems or opportunities, and manage inventory effectively.
  • Participate in weekly production meetings to align short-term schedules with purchasing and manufacturing needs.
  • Monitor demand changes and adjust procurement plans accordingly.
  • Manage new part entries and system data to support sales and purchasing functions.
  • Handle other special projects or duties as assigned.


Qualifications:

  • Education: Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.
  • Experience: 7-10+ years in procurement or purchasing, preferably in a manufacturing setting.
  • Leadership: Demonstrated experience in leading a purchasing function, including delegation, timeline management, budgeting, and coaching.


Technical Skills:

  • In-depth knowledge of supply chain principles, strategic sourcing, contract negotiation, and vendor management.
  • Proficient in ERP systems (Infor Syteline preferred but not required).
  • Strong analytical skills for interpreting data and making informed decisions.
  • Proficient with internal systems and MS Office Suite.
  • Communication & Negotiation: Strong negotiation, communication, and interpersonal skills, with the ability to influence stakeholders at all levels.
  • Attention to Detail: High level of accuracy and commitment to precise procurement processes.
  • Certifications: Certifications such as CPSM, CPM, or equivalent are preferred.


Physical Demands/Work Environment: Primarily office-based role, requiring extended periods of sitting, with occasional walking and standing.


Reasonable Accommodations: This job description outlines the knowledge, skills, and physical requirements needed for successful performance. Reasonable accommodations can be made to enable individuals with disabilities to fulfill essential job duties.


Note: Must be US Citizen or Green Card holder.

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