Lead Procurement Specialist

2 weeks ago


Cleveland, Ohio, United States Arrow International Inc Full time
Job Overview

Arrow International Inc. stands as the premier manufacturer and distributor of charitable gaming products and solutions globally. Our extensive product range includes consumables such as pull tab tickets and bingo paper, alongside cutting-edge electronic gaming solutions. Our offerings are utilized in various social and gaming venues worldwide, and we are experiencing remarkable growth, providing an exciting opportunity for a dedicated professional to contribute to our mission of delivering exceptional products.

Position Overview

The Senior Buyer will play a pivotal role in procurement, requiring strong negotiation and contract management skills while providing support to the Vice President.

Key Responsibilities

  • Execute purchasing strategies effectively to ensure inventory levels meet targets.
  • Oversee and manage procurement activities with external suppliers.
  • Ensure product costs align with budgetary constraints for production, new product development, and special initiatives.
  • Cultivate and maintain positive relationships with key suppliers essential to the company's operations.
  • Enhance purchasing and sourcing methodologies, particularly in electronics and engineering, to minimize unnecessary expenses.
  • Streamline lead times and coordinate with new product development and logistics to meet delivery schedules and avoid service interruptions.
  • Identify new suppliers, negotiate favorable terms, and establish supply agreements, including rebates and discounts.
  • Explore profitable options utilizing available procedures and systems.
  • Support the Vice President in achieving organizational objectives through effective collaboration.
  • Maintain a comprehensive understanding of procurement and materials management concepts.
  • Negotiate and finalize agreements with suppliers for various services and high-quality materials.
  • Apply knowledge of MRP, MPS, BOM, and routing processes.
  • Ensure the accuracy of BOM data, part numbers, and associated costs within the MRP system.
  • Keep documentation current and organized.
  • Manage handling costs and incoming freight efficiently.

Qualifications

  • Bachelor's degree in business, manufacturing, finance, or a related field.
  • A minimum of 5 years of experience in procurement strategies within a company generating over 100 million in sales.


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