Purchasing Manager
Key Results Areas:
- Determine the appropriate method to process purchase requisitions based on total cost, timeliness, competitive bidding, and existing demand.
- Maintain a diverse list of vendors for all current inventory.
- Collaborate daily with peers, including Operations, Customer Support, Inventory, and Product teams, to address issues and identify opportunities.
- Identify and present opportunities for strategic purchasing.
- Lead and manage the buying team to deliver measurable results.
- Creating daily inventory purchases based on demand to prevent backorders.
- Maintaining and adjusting lead times with suppliers to ensure timely replenishment stock.
- Researching and evaluating suppliers for quality, price, selection, service, support, availability, reliability, and reputation.
- Setting up new part numbers and vendor details in the WMS.
- Contributing to product meetings.
- Responding to changing product supply conditions, commodity pricing trends, and market fluctuations.
- Negotiating advantageous terms with suppliers and vendors.
- Resolving pricing discrepancies, receipt issues, and other supplier-related variances.
- Communicating effectively with suppliers and resolving challenges.
- Persuading stakeholders, fostering collaboration, and creating positive agreements during negotiations.
- Running weekly reports to track progress and identify future challenges proactively.
- Bachelor's degree preferred.
- At least 3 years of experience managing a buying team or purchasing department.
- A minimum of 5 years of experience in purchasing and sourcing.
- Preferably 5+ years of experience in buying MRO products.
- Proven success in negotiating costs with vendors.
- Hands-on experience with an MRP/WMS system.
- Strong research, analytical, and problem-solving abilities.
- Procurement certifications preferred.
- Advanced Excel skills.
- Proficiency in ERP and inventory management software.
- Exceptional attention to detail and organizational skills.
- Excellent communication skills (written and verbal) and high interpersonal proficiency to manage sensitive and confidential situations.
- Prior experience handling blanket purchase orders.
