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Purchasing Manager
2 months ago
Ferretti Search is excited to partner with a dynamic company to find their next Purchasing Manager.
Location: Shelby, NC
Compensation: Up to $140k
Schedule: Full-time, Monday-Friday 8am-5pm
Work Arrangement: 100% On-site
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About the Company
We are a leading manufacturing company committed to excellence in procurement and supply chain management. Join our team and contribute to maintaining our operational efficiency and cost-effectiveness.
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What's in it for you?
• Health Insurance: Comprehensive medical, vision, and dental insurance.
• Retirement Savings: 401(k) plan.
• Work-Life Balance: Paid time off and sick leave.
• Professional Development: Opportunities for growth and advancement.
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What will your day look like?
Position Overview:
We are looking for an experienced Purchasing Manager to oversee our purchasing activities and ensure the timely procurement of materials and services required for our manufacturing operations. The ideal candidate will have a strong understanding of supply chain management, excellent negotiation skills, and a proven track record of optimizing procurement processes to achieve cost savings without compromising quality.
Key Responsibilities:
- Develop and implement procurement strategies to meet the company's operational needs and objectives.
- Identify reliable suppliers, negotiate contracts, and maintain strong relationships to ensure the timely delivery of high-quality materials and services at competitive prices.
- Monitor market trends, pricing, and supplier performance to identify opportunities for cost savings and process improvements.
- Collaborate with internal stakeholders, including production, engineering, and finance teams, to forecast demand, prioritize purchasing requirements, and align procurement activities with business goals.
- Evaluate supplier capabilities, conduct supplier audits, and assess risks to ensure compliance with quality standards, regulatory requirements, and ethical practices.
- Lead cross-functional teams to evaluate and select suppliers, manage supplier performance, and resolve quality, delivery, and pricing issues.
- Develop and maintain procurement policies, procedures, and documentation to ensure compliance with company policies, industry standards, and regulatory requirements.
- Monitor inventory levels, manage inventory turnover, and optimize inventory control processes to minimize stockouts, reduce carrying costs, and improve cash flow.
- Analyze procurement data, generate reports, and provide insights to senior management to support decision-making and strategic planning.
- Stay current with industry trends, best practices, and technological advancements in procurement and supply chain management to drive continuous improvement and innovation.
Qualifications:
- A bachelor's degree in business, supply chain management, engineering, or a related field (preferred).
- 10 years of experience and/or equivalent business experience.
- Demonstrated strategic sourcing, contract negotiation, supplier management, and cost analysis expertise.
- Strong analytical skills with the ability to interpret data, identify trends, and make data-driven decisions.
- Excellent communication, interpersonal, and leadership skills with the ability to build and maintain effective relationships with internal and external stakeholders.
- Proficiency in procurement software, ERP systems, and Microsoft Office Suite.
- Knowledge of industry regulations, quality standards, and procurement and supply chain management best practices.
- Proven track record of driving results, achieving cost savings, and improving efficiency in procurement operations.
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Application & Contact Information:
If this role isn't a perfect match for you - that's OK We're recruiting professionals across various domains. Contact Kristie Man at kman@ferrettisearch.com to inquire about more opportunities in technical fields and other areas.
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Related Terms: Procurement Manager, Buyer, Supply Chain Management, Strategic Sourcing, Contract Negotiation, Supplier Management, Cost Analysis, Inventory Control, Manufacturing, Procurement Strategies, ERP Systems
- Ferretti Search is an award-winning Recruitment Firm specializing in Executive Recruiting and Staffing. Our product is people. Ferretti Search has a dedicated team of executive recruiters ready to help our clients find employment solutions that benefit them as well as match our candidates with a company that meets their job preferences and career goals. At Ferretti Search, we believe in transparency throughout the entire process in order to serve our clients and candidates better. We take pride and value our relationship with our clients and candidates.
