Procurement Planner

2 weeks ago

Denver, Colorado, United States IDEX Full time

If you are seeking a unique opportunity to advance your career, you have come to the right place. At IDEX, we offer a dynamic environment where you can leverage your existing expertise while acquiring new skills that make a significant impact.

With diverse opportunities in various fields such as engineering, marketing, sales, supply chain, operations, HR, finance, and more across over 40 distinct businesses globally, we likely have a role that aligns with your aspirations.

POSITION SUMMARY:

The Procurement Planner is responsible for assessing material and production needs and coordinating the procurement of goods and services for the organization.

REPORTING STRUCTURE: Supply Chain Director

KEY RESPONSIBILITIES:

  • Conduct timely evaluations of MRP notifications to ascertain production needs and take necessary actions, including placing purchase orders and expediting deliveries as required. Monitor supplier performance to ensure timely delivery of essential raw materials and components.
  • Assess material availability for scheduled orders.
  • Procure raw materials/components based on MRP and expedite orders as necessary; ensure all relevant information is accurate.
  • Coordinate work orders and logistics for external processing of raw materials.
  • Monitor and report on part shortages during daily meetings.
  • Continuously explore global purchasing opportunities and strategies for cost reduction.
  • Resolve material-related issues and determine appropriate solutions.
  • Enter purchase orders into the system; verify all relevant information for accuracy.
  • Collaborate with Receiving Inspection regarding non-conforming parts.
  • Communicate non-conformance issues to vendors and manage returns through debit memos.
  • Work with Receiving and vendors to address count discrepancies.
  • Receive design modifications from the Engineering Department and distribute updated specifications to vendors.
  • Engage with Accounts Payable to rectify pricing discrepancies.
  • Collaborate with Design Engineers on prototypes to establish pricing and delivery timelines.
  • Assist in monitoring supply chain metrics, including Supplier On-Time Delivery, Purchase Price Variance, and inventory levels.
  • Contribute to continuous improvement initiatives by identifying problems and proposing solutions, and may participate in Kaizen events.
  • Perform other duties as assigned by the Manager.
QUALIFICATIONS:

To excel in this role, candidates must demonstrate the ability to perform essential functions effectively. The qualifications listed below represent the knowledge, skills, and abilities required. Reasonable accommodations may be made for individuals with disabilities to perform essential functions.
  • Minimum of three years of experience in purchasing and/or planning.
  • Intermediate mathematical skills, including addition, subtraction, multiplication, and division of numbers and fractions.
  • Experience in supplier management.
  • Familiarity with MRP systems.
  • Proficient computer and keyboard skills.
  • Strong interpersonal abilities.
EDUCATION:

A degree from an accredited four-year university in Supply Chain Management, Engineering, or a related field is preferred.

WORK ENVIRONMENT:

The physical demands, work environment, and mental/visual requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made for individuals with disabilities.

PHYSICAL DEMANDS:
  • Primarily sedentary work.
  • Requires use of hands and arms at least 60% of the time.
  • Lifting requirements generally do not exceed 10 lbs., with occasional manual lifting up to 50 lbs.
WORK ENVIRONMENT:
  • Climate-controlled office setting.
  • Minimal exposure to factory conditions.
  • Noise levels are light to moderate.
MENTAL/VISUAL DEMANDS:
  • Close vision, depth perception, and the ability to adjust focus are necessary for job functions.
CORE COMPETENCIES:

To succeed in this role, individuals should demonstrate the following competencies:
  • Problem Solving: Engage in continuous improvement processes by attending meetings and presenting issues and potential solutions.
  • Interpersonal Skills: Remain open to others' ideas and show a willingness to explore new approaches.
  • Relationship Building: Work effectively with others, including supervisors and colleagues, while maintaining a professional demeanor.
  • Communication: Communicate effectively in both verbal and written forms with superiors, colleagues, and other stakeholders.
  • Planning and Organization: Prioritize and plan work activities efficiently, developing realistic action plans.
  • Quality Control: Ensure accuracy and thoroughness in work and monitor personal performance for quality assurance.
  • Adaptability: Adjust to changes in the work environment and manage competing demands effectively.
  • Dependability: Consistently arrive at work on time, follow instructions, and respond to management feedback.
  • Safety and Security: Actively promote and adhere to all safety protocols and compliance requirements.
COMPENSATION AND BENEFITS:

The compensation range for this position is $72,000 to $108,100, depending on experience. This role may also be eligible for a performance-based bonus plan.

BENEFITS PACKAGE:

IDEX offers a comprehensive benefits package, including health benefits, a 401(k) retirement savings program with company match, paid time off, and more. Further details about our benefits and rewards can be found on our career page.

IDEX is an Equal Opportunity Employer and Affirmative Action Employer. We consider qualified applicants for employment without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other protected category under applicable laws.

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