Strategic Sourcing Manager

3 weeks ago

Portland, Oregon, United States Risus Talent Partners Full time

Job Summary

The Procurement and Merchandising Lead is responsible for sourcing, purchasing, and inventory management of assigned product lines. This role will source product for open stock and specific customer requirements while negotiating pricing and terms. It is also essential for this position to optimize product availability to create high fill rates, while improving inventory asset performance and manage vendor performance levels, supplier contract cost agreements, and any related rebates.

Key Responsibilities

  • Ensure the timely processing of all customer orders in accordance with approved order entry procedures
  • Provide prompt responses to requests for quotation and sourcing
  • Achieve Year-Over-Year Profitability Improvement targets and goals set by the company
  • Ensure the timely and most profitable processing of all quote requests
  • Oversee the processing of all purchase orders in a timely manner in accordance with approved purchase order entry procedures
  • Utilize ProcurePro database to evaluate current purchase prices to ensure items are obtained from the best possible supplier
  • Review and analyze all computer reports and respond to weaknesses in the operation by implementing necessary measures to achieve goals
  • Ensure adherence to the methods and standardization protocol for the use of the Amtech computer system regionally
  • Establish relationships with consumable and equipment preferred suppliers to develop stocking and support programs for packaging material
  • Ensure product availability of 95% or higher (fill rate) on all stock items
  • Provide prompt responses to inquiries from Sales and customers and resolve quality complaints and other problems promptly and effectively
  • Direct sourcing activities for deviated costing and custom packaging opportunities
  • Participate in SupplyOne Procurement Council
  • Utilize Procurement Council to gain assistance in sourcing and to identify vendors for special applications
  • Utilize ProcurePro business intelligence database to identify best landed cost guidelines for all consumable categories
  • Follow HQ guidelines for engaging, supporting preferred supplier base
  • Completion of PMP sourcing within assigned timeframe
  • Identify and recommend best sources for products, based on product quality, competitive pricing, dependable delivery and vendor's quality assurance capabilities
  • Negotiate pricing and terms with vendors, including opportunities to earn volume rebates on purchases. Ensure vendor rebates are processed promptly. Maintain product database to keep current
  • Validate all vendor price increases before acceptance and negotiate better than market increase acceptance with local suppliers
  • Ensure all vendors are able to comply with Company's quality program requirements
  • Manage vendor performance levels. KPI's include on-time delivery, fill rate, and non-conformances. Manage corrective action process with suppliers
  • Responsible for Inventory Asset Management, including optimization of inventory turns, and minimized dead or under-performing inventory, warranty claims, and stock transfers
  • Help to manage customer-specific inventory by maintaining signed Reserved Stock agreements and by tagging inventory as Reserved
  • Coordinate samples from suppliers when needed by Sales. Provide with minimal delay at lowest cost to Company in terms of labor and product cost
  • Cross-train in all packaging lines

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