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Materials Management Analyst

2 months ago

Michigan City, Indiana, United States Warner Electric LLC Full time

Position Overview

The Procurement Specialist will play a crucial role in establishing and overseeing contracts with essential suppliers. This position is tasked with developing cost-effective sourcing strategies to optimize overall expenditure. The specialist will assess the total cost of ownership for materials and manage all aspects of material functions, including purchasing, production scheduling, inventory oversight, and global sourcing.

Key Responsibilities

  • Utilize SAP and other tools extensively to procure materials that support production needs.
  • Analyze finished goods requirements, prioritize supplier shipments, and determine necessary material delivery dates.
  • Lead and enhance planning processes that support all value streams.
  • Negotiate with suppliers using data-driven insights and assist the materials manager in executing long-term supplier agreements in compliance with corporate policies.
  • Gather, prepare, and analyze market trends to develop a strategic sourcing process.
  • Support the materials manager in defining and implementing a sourcing strategy that meets internal demands while maximizing supplier value.
  • Monitor KPI performance and other metrics, discussing variances with the materials manager.
  • Identify cost-saving opportunities, ensure successful implementation, and report progress to the materials manager.
  • Assist in cost reduction initiatives, including cost analysis and value analysis/value engineering (VA/VE).
  • Issue requests for quotations (RFQs) to vendors and follow up as necessary.
  • Communicate with suppliers regarding late deliveries and proactively monitor indicators for potential supply disruptions.
  • Compare prices, specifications, and delivery timelines to award contracts or place orders with suppliers.
  • Collaborate with project teams to ensure suppliers understand company requirements and deliverables, reporting on material readiness.
  • Assist in reconciling purchase orders and accounts payable discrepancies with vendors.
  • Issue work orders to the production floor in alignment with manufacturing lead times and customer delivery expectations.
  • Coordinate scheduling with the Value Stream Manager and Team Lead.
  • Report any production delays and material-related issues.
  • Issue subcontractual and externally processed purchase orders linked to work orders.
  • Perform additional duties as assigned.

Essential Competencies

  • In-depth knowledge of manufacturing standards and practices.
  • Strong analytical, problem-solving, and critical thinking skills, with the ability to gather and organize relevant information.
  • Excellent verbal and written communication skills, capable of developing and presenting reports and instructions effectively.
  • Highly productive with a strong sense of urgency and attention to detail.
  • Demonstrated flexibility and adaptability to changing processes and unexpected events.
  • Self-directed and motivated, with a willingness to travel for supplier visits and training.

Qualifications

  • BA/BS Degree in Materials Management, Business Administration, or a related field, or equivalent experience.
  • A minimum of 2 years of experience in planning within a manufacturing environment.

Physical Demands and Work Environment

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this role. Reasonable accommodations may be made for individuals with disabilities. While performing the duties of this job, the employee is regularly required to sit, twist, squat, reach overhead, and use hands. Specific vision abilities required include close vision, distance vision, color vision, and the ability to adjust focus.

The work environment characteristics described are representative of those encountered while performing the essential functions of this position. Reasonable accommodations may be made for individuals with disabilities. While performing the duties of this job, the employee may be exposed to moving mechanical parts, fumes, airborne particles, toxic or caustic chemicals, and risk of electrical shock. Noise levels in the work environment are typically moderate, but there may be instances requiring ear protection.