Purchasing Director
4 weeks ago
Perfection Hy-Test Company
Come join a team where People make the difference As a part of Marmon Holdings, Inc., a highly decentralized organization, we rely heavily on people with the aptitude, attitude, and entrepreneurial spirit to drive our success, and we're committed to attracting and retaining top talent.
Responsible for the development of the Company-level purchasing/procurement/sourcing policy and negotiating and contracting for effective, Company-wide purchasing of raw material, equipment, supplies, and services to maximize cost efficiencies, price leverage and quality.
SummaryThe Director of Purchasing is a key leadership role responsible for overseeing a team of Buyers, Planners, and Inventory Analysts. The role involves strategic planning, efficient execution, and continuous improvement of procurement processes to align product supply with dynamic customer demands. Trensor's Director of Purchasing will cultivate robust relationships with suppliers, drive supply chain performance, and contribute to the overall success of the organization.
Essential Functions/Job Responsibilities:
Strategic Oversight- Provide strategic direction for the purchasing department, aligning procurement activities with organizational goals.
- Develop and implement procurement strategies to optimize inventory levels, enhance supplier performance, and ensure uninterrupted operations.
- Lead, mentor, and develop a high-performing team of Buyers, Planners, and Inventory Analysts.
- Collaborate cross-functionally with Product Management, Sales, and Supply Chain Specialists to drive expansion into new product categories and fill gaps in existing categories.
- Oversee and manage a material replenishment reporting system, ensuring accurate analysis of data to determine purchasing requisites and identify anomalies.
- Maintain accurate and up-to-date supplier information in the Syspro database, including contacts, pricing, MOQs, and lead times.
- Execute purchase requests with both domestic and international suppliers, utilizing the material replenishment process or manual entry as appropriate.
- Manage purchase order activities, including verification of supplier stock availability, tracking ETAs, expediting when necessary, and following up on overdue orders.
- Develop supplier scorecards to assess performance across key supply chain metrics.
- Conduct thorough evaluations of on-time delivery performance and devise strategies for enhancement.
- Stay informed about logistic and port operations, making informed decisions based on their influence on delivery timelines.
- Collaborate closely with Product Management and Senior Analysts on new product introductions and product lifecycle management.
- Collaborate with Inventory Analysts to optimize inventory turnover and maintain a robust 95%+ fill-rate for all customer orders.
- Facilitate seamless coordination between Buyer/Planner teams to accommodate demand changes and ensure high service levels.
- Compile and present comprehensive inventory statistics to senior management, accompanied by recommendations for enhancing purchasing methodologies.
- Lead the formulation and presentation of the ABC/XYZ analysis matrix on a quarterly basis.
- Work with Data Analyst team to conduct meticulous demand forecasting by evaluating replenishment methods, store stocking levels, missed opportunities, and outstanding orders.
- Present refined demand plans on a quarterly basis and assess the corresponding impact on inventory levels.
- Engage with the Supply Chain Specialist to comprehensively understand expenditure risk profiles and collaborate to mitigate potential adverse impacts on the supply chain.
The Director of Purchasing plays a crucial role in ensuring the organization's procurement strategies align with business objectives, fostering effective collaboration across teams, and optimizing supply chain performance.
Education and/or Experience:
- Bachelor's degree, M.B.A. preferred
- 10+ years' experience supply chain and/or inventory management
- Excellent communication skills
- Strong analytical and problem-solving skills
- Strong understanding of data processes, strategies, and supply chain needs.
- Strong management background
- Organization and strong attention to detail
- Skillful in Access, Excel, Word, Outlook, and PowerPoint
Physical Requirements/Work Environment
- Ability to work outside normal business hours, as needed.
- Travel Potential
Following receipt of a conditional offer of employment, candidates will be required to complete additional job-related screening processes as permitted or required by applicable law.
We are an equal opportunity employer, and all applicants will be considered for employment without attention to their membership in any protected class. If you require any reasonable accommodation to complete your application or any part of the recruiting process, please email your request to careers@marmon.com, and please be sure to include the title and the location of the position for which you are applying.
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