Purchasing Manager

1 month ago

Shelby, United States Enhance Recruiting Full time

SUMMARY

We are seeking a Purchasing Manager in Shelby, NC who will be responsible for handling the procurement process, sourcing suppliers and managing vendor relationships to ensure a seamless supply chain and optimize costs. You will also collaborate with cross-functional teams, make strategic decisions and implement best practices within our procurement function. This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market. We offer competitive compensation packages, health benefits and a supportive work environment that fosters learning, professional growth, and relocation assistance.

RESPONSIBILITIES

  • Developing and implementing procurement strategies and policies for cost optimization and enhancing supply chain efficiency.
  • Identifying, evaluating, and selecting suppliers based on quality, reliability, cost-effectiveness and adherence to ethical and sustainability standards.
  • Negotiating contracts and terms with suppliers to ensure favorable pricing, payment terms and mutually beneficial agreements.
  • Collaborating with internal stakeholders to understand their requirements and align procurement activities with organizational goals.
  • Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.
  • Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.
  • Monitoring inventory levels, analyzing demand patterns and implementing inventory management strategies to manage stock levels and avoid shortages or excesses.
  • Implement procurement systems and tools to streamline processes and enhance efficiency.
  • Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.
  • Manage supplier relationships, including regular communication, performance evaluations and issue resolution.
  • Collaborate with internal stakeholders to understand their requirements and develop procurement plans accordingly.
  • Analyze inventory levels, demand forecasts and consumption patterns to optimize stock levels and reduce carrying costs.
  • Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.
  • Prepare and present reports on procurement activities, performance metrics and cost savings to higher management.
  • Develop and maintain procurement metrics to track performance, identify areas for improvement and report on sourcing effectiveness.
  • Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.

REQUIREMENTS

  • Bachelor's degree in supply chain management, business administration or a related field.
  • 5+ years of experience as a purchasing manager in the motor vehicle manufacturing industry.
  • Demonstrable experience in the Indian market and familiarity with local suppliers and sourcing channels.
  • Experience in implementing sustainable and socially responsible procurement practices.
  • Strong skills in budgeting, cost optimization and negotiation techniques.
  • Knowledge of vendor management and inventory management systems.
  • Ability to work collaboratively with cross-functional teams.
  • Willingness to work in a fast-paced and competitive environment.
  • Knowledge of industry-specific regulations and compliance requirements.
  • Relevant certification in procurement or supply chain management preferred.
  • Proficiency in data analysis and reporting tools.
  • Ability to lead and mentor a team of procurement professionals.
  • Multilingual skills to effectively communicate with diverse stakeholders.
  • Experience with global sourcing, logistics and supply chain best practices.

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