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Purchasing Manager

3 months ago

Sioux Falls, United States Dakota Fluid Power Full time

Job Description

Job Description

Summary of Responsibilities: As a Purchasing Manager in the Fluid Power Industry, you will play a crucial role in overseeing and optimizing the procurement processes related to fluid power components and systems. The role requires a combination of strategic thinking, strong negotiation skills, and in-depth knowledge of the fluid power sector. Key Responsibilities: Work with internal vendors (EPG, Y2K, etc..) to establish forecast and stocking requirements. Meet with team and vendors to evaluate performance from both sides, create ways to improve relationships, grow revenue, improve discounts, freight terms and conditions. Meet with Branch Managers quarterly to discuss current issues, new ideas, progress and inventory levels. Help qualify new vendors and analyze products. Manage offshore logistics resources. • Looks for ways to assist distribution in “spot buy” purchasing. Looks for ways to assist manufacturing with their purchasing. Manage inventory returns and obsolete inventory usage. Coordinate with Inventory Control for warehouse space utilization. Manage all open purchase order reports. Assist with ways to help reduce inventory costs. Analyze vendor spend and purchasing behavior, looks for areas of improvement. Assist with uploading new price lists from suppliers. Learn all purchasing processes within companies ERP system. Backfill for team members when needed. Responsible for team member performance evaluations and personal development. Other duties as assigned by Management. Skills/Qualifications:

Bachelor's Degree in Business; Supply Chain Management; Engineering, or a Related Field; Master's Degree is a Plus; Proven experience in Purchasing and Procurement, with a focus on Fluid Power Components and Systems; Strong Negotiation, Communication, and Interpersonal Skills; In-depth Knowledge of the Fluid Power Industry; including Market Trends, Suppliers, and Technologies; Familiarity with ERP Systems and Procurement Software; Analytical and Strategic Thinking Abilities.

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