Procurement and Inventory Management Specialist

6 days ago


Grand Rapids, Michigan, United States iMPact Business Group Full time
Job Overview

We are seeking a detail-oriented Procurement and Inventory Management Specialist to join our dynamic team. This role is pivotal in managing a diverse product line with numerous components and needs, ensuring seamless operations and customer satisfaction.

Key Responsibilities
  • Manage and coordinate the procurement of raw materials, equipment, tools, parts, and supplies to meet production demands.
  • Negotiate purchase prices, delivery terms, and quality with suppliers to ensure optimal costs and service levels.
  • Oversee scheduling, planning, inventory control, and materials storage to maintain efficient production processes.
  • Ensure compliance with environmental laws by properly disposing of hazardous waste.
  • Maintain accurate data entry of purchase orders and inventory records to inform business decisions.
  • Collaborate with production personnel to manage inventory levels without disrupting production schedules.
  • Follow up on all purchase orders to ensure timely delivery and resolve any issues that may arise.
  • Maintain records for internal audits and regulatory compliance to ensure continuous improvement.
  • Assist in setting up budget costs for raw materials and update systems with current costs to inform pricing strategies.
  • Arrange for the disposition of rejected materials and negotiate chargebacks or claims against vendors to minimize losses.
Requirements and Qualifications
  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • At least 5 years of purchasing experience within a manufacturing environment, preferably with scheduling responsibilities.
  • Proficiency in Microsoft Office Suite (Excel, Word, Outlook) and purchasing software to manage data and communicate effectively.
  • Strong communication and negotiation skills to build relationships with suppliers and stakeholders.
  • Ability to manage multiple tasks with high accuracy and attention to detail, meeting tight deadlines when necessary.
Compensation and Benefits

The estimated salary for this position is $65,000 - $85,000 per year, based on industry standards and location considerations. The company offers a comprehensive benefits package, including 401(k) matching, health insurance, flexible schedule options, and professional development assistance, among others.



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