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Procurement Specialist
2 months ago
Barnes Group is seeking a highly skilled Procurement Specialist to join its team in Maumee, OH.
Key Responsibilities:- Inventory Management: Manage the inventory position for selected commodity/location and maintain relationship with assigned suppliers.
- Procurement: Responsible for $3 - $5 million in Inventory and accountable for maintaining a first pass fill rate of 98%.
- Purchase Order Management: Analyze and act on purchase recommendations generated by the materials management system. This includes generating Purchase Orders, communicating POs to suppliers, receiving acknowledgements, and performing PO maintenance as needed.
- Contract Negotiation: Accountable for global contract negotiations and long-term agreements, managing total cost requirements.
- Fill Rate Performance: Review fill rate performance daily and initiate corrective actions where necessary.
- Supplier Communication: Communicate with suppliers regarding shipping performance, open PO's, expedite/defer requests, and other issues as needed.
- Inventory Management: Manage IVR/obsolete/excess inventory.
- Problem Resolution: Resolve problem shipments with suppliers, receiving issues, packaging standards, etc.
- Invoice Resolution: Resolve problem invoices (mismatched vouchers) with suppliers.
- Interdepartmental Communication: Take an active role in communicating service and inventory issues across departments (including Purchasing, Marketing, Operations, Finance, etc.) and with management.
- Requisition Management: Responsible for approving or denying upcoming shipments from each supplier.
- Travel: Approximately 10% travel is required for (but not limited to) supplier visits, sales ride-alongs, training seminars, etc.
- Experience: Minimum 3 years in inventory management, materials or related experience with increasing levels of responsibility.
- Materials Management Systems: Experience working with materials management systems in a distribution environment.
- Distribution Environment: Experience in a distribution environment with many SKU's.
- Bachelor's Degree: Bachelor's degree in supply chain, business or related field.
- APICS/CPIM Certification: APICS/CPIM certification preferred.