Essential Functions / Key Deliverables
- Partners with Planning and Production to develop procurement strategies and define ordering requirements on time horizons ranging from one week to 3 years.
- Track and ensure inventory levels meet the business needs. This includes developing and managing reports and KPIs for usage, on-hand inventories, excess / obsolete inventories.
- Actively gathers market intelligence to find new suppliers, new product substitutions, capacity changes, and regulatory changes.
- Makes tactical buying decisions. Execute on corporate sourcing programs and ensure compliance to all purchasing protocols.
- Communicate with suppliers to obtain product and service information including price, availability, and delivery.
- Gather quotations, examine bids, review contracts, negotiates pricing & contracts within budgetary limitations and scope of authority, and makes recommendations for awards.
- Accurately enter all requisitions / purchase orders in the system on time, submit accurate orders to suppliers, and obtains written acknowledgements from suppliers.
- Work with all necessary departments to ensure spending budgets are achieved while maintaining necessary stock to deliver on our KPIs
- Maintains procurement records on services and goods purchased, costs, delivery, and inventories.
- Champion procurement reporting and metrics.
- Issues quarterly reports on category spend, price per unit, contract compliance.
- Monitor vendor performance for quality and delivery
- Assists in facilitating internal compliance and audit reporting.
- Perform any other duty reasonable corresponding with the role.
Knowledge / Skills / Experience
- Bachelor’s Degree and / or significant experience in a related field.
- 5+ years of experience in a Procurement or Finance role ideally in the manufacturing industry.
- Attention to detail and a high degree of accuracy and organization
- Ability to function both independently and as part of a team; must be flexible and excited to grow with the organization
- Experience managing multiple vendors and assignments in a fast-paced environment.
- Strong critical-thinking skills with a solution-oriented mindset
- Excellent written and oral communication skills
- Proficient in Microsoft Office Products, especially use of Excel for writing formulas, and pivot tables. SAP experience helpful.
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