Manager, Procurement

1 week ago

La Vergne, Tennessee, United States JPW Industries Full time

The Procurement Manager will primarily focus on developing and executing a robust sourcing strategy for both direct and indirect spend across North America. This role emphasizes achieving cost efficiencies, timely acquisition of goods and services, risk mitigation, and fostering strong vendor relationships through effective sourcing.

Essential Functions
REASONABLE ACCOMMODATIONS STATEMENT
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

Essential Functions And Responsibilities

  • Direct & Indirect Procurement Management: Implement sourcing tactics across a range of categories, including finished goods, raw materials, components, and indirect spend, to achieve optimal value.
  • Vendor Management: Establish, manage, and optimize relationships with both new and existing suppliers through rigorous sourcing activities, including contract negotiations and performance evaluations.
  • Lead the development and implementation of a comprehensive sourcing strategy for North America, in alignment with global supply chain goals.
  • New Supplier Sourcing: Proactively identify, evaluate, and onboard new suppliers to improve product quality, cost-efficiency, and supply chain resilience.
  • Understanding Engineering specifications, how they translate into supplier capability requirements and how specifications can impact quality and costs.
  • Conduct RFQ's to receive quotes. Also responsible for awarding business to Suppliers.
  • Coordinate design reviews and lead communications with Engineering and Suppliers to assure products meet all technical, quality and performance requirements.
  • Negotiate Component Cost, Tooling Costs, Minimum Order Quantity, Lead Times, and Delivery Schedules with Suppliers
  • Perform buy analysis as needed and use Total Cost Ownership principles.
  • Budget Oversight: Leverage sourcing initiatives to identify cost-saving opportunities and operate within budget constraints.
  • Process Optimization: Streamline sourcing and procurement processes to drive efficiency and effectiveness.
  • Risk Management: Utilize sourcing strategies to evaluate and mitigate supplier-related risks, specific to changing market conditions.
  • Team Leadership: Develop and manage a procurement team specialized in sourcing, ensuring alignment with overall organizational objectives.
  • Compliance & Ethics: Ensure that all sourcing and procurement activities comply with federal, state, and local regulations, as well as company policies.
  • Stakeholder Collaboration: Coordinate closely with internal departments such as Product Management, Engineering, Operations, Finance, and Legal to integrate sourcing requirements.
  • Performance Metrics: Develop and monitor sourcing-specific key performance indicators (KPIs) to assess the success of procurement operations.

Position Qualifications
EDUCATION, CERTIFICATIONS AND LICENSES

  • Bachelor's Degree in Supply Chain Management, Engineering, or related field; MBA preferred.

Experience And Competencies

  • A minimum of 5 years of procurement experience with a strong focus on sourcing
  • Proven track record in achieving cost savings and enhancing supplier portfolios through effective sourcing
  • Strong negotiation skills, particularly in supplier sourcing
  • Excellent communication skills, both written and verbal
  • ERP experience required (SAP Preferred)
  • Must be able to handle multiple priorities and meet deadlines
  • Must have good organizational skills, be efficient, dependable, and trustworthy
  • Maintain a positive attitude and professional approach with all team members
  • Must be able to travel globally: 30% travel may be required

PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to sit for long periods; use hands to handle or feel and talk or hear. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand; walk and stoop, kneel or crouch. The employee may occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. Substantial time is spent working on a computer and may be performed primarily in an office setting
.
Working extended and flexible hours may be requested occasionally.

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