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Materials Management and Procurement Lead
2 months ago
Materials Management and Procurement Lead
We are seeking a skilled professional to oversee all aspects of material management within our organization. As the Materials Management and Procurement Lead, you will be responsible for the distribution of inventory, procurement of components, and sourcing of raw materials. Working closely with other department heads, you will assess demand needs and translate them into system-driven forecasts to inform purchasing decisions. Furthermore, you will manage production scheduling and material storage, ensuring compliance with established process standards while driving continuous improvement.
- Formulates inventory management strategies
- Establishes ordering protocols
- Facilitates the ongoing Sales, Inventory, and Operations Planning (SIOP) process with sales teams to create and adjust item-specific forecasts
- Evaluates demand and forecasts to develop an optimized purchasing strategy
- Issues purchase orders based on supplier delivery timelines
- Monitors inventory performance to enhance fill rate availability and reduce stock shortages
- Ensures data integrity within the Enterprise Resource Planning (ERP) system
- Defines supplier selection criteria and oversees the supply chain
- Guarantees that production schedules are adhered to and materials are allocated promptly
- Maintains inventory accuracy and ensures adherence to compliance standards
- Identifies opportunities for process enhancements to improve operational practices
Qualifications:
- Expertise in Supply Chain and Inventory Management Best Practices
- Exceptional organizational, analytical, and problem-solving abilities
- Experience with cloud-based inventory management systems
- Advanced proficiency in Microsoft Excel
- Proven track record in establishing and monitoring key performance indicators
- Strong leadership capabilities in team oversight, influence, strategic planning, negotiation, and communication
- Bachelor's degree in Logistics, Material Management, or Supply Chain Management
- 5 to 10 years of relevant managerial experience