Purchasing Manager
Purchasing Manager
Under the general direction of the Vice President Operations, the Purchasing Manager is primarily responsible for ensuring that proper levels of supply and materials are maintained according to company objectives. Maintains relationships with vendors and suppliers and negotiates contracts for major purchased. Evaluates and analyzes purchasing trends and price trends to identify forecasting demand and minimize purchasing costs. Recommends policies related to the purchase of goods and services and coordinates/manages the purchasing department buyers in the day-to-day performance of their jobs.
Primary Responsibilities:
- Develop, lead and execute purchasing strategies
- Track and report key functional metrics to reduce expenses and improve the effectiveness
- Work closely with manufacturing and specifically plant managers to ensure the quantity and timing of deliveries
- Forecast price and market trends to identify changes of balance in buyer-supplier power
- Apply Lean manufacturing concepts to the purchasing function at Lee Industries.
- Seek and partner with reliable vendors and suppliers
- Using effective and strategic methods, monitor and forecast upcoming levels of demand
- Assess, manage and mitigate risks
- Conducts strategic sourcing of alternative suppliers for materials and parts used in the manufacturing process
- Create and implement key performance indicators (KPI's)
- Continually develop expertise to support growth of new business
- Monitor macro trends in supplier and contract base and implement plans to adjust purchasing strategies
- Help to lower material costs and secure and manage contracts (agreements)
- Manage vendor relationships and assist in building effective partnerships.
- Manage, train, motivate and mentor purchasing staff of Buyers and Sr. Buyers
- Manage the purchase order process
- Oversee defective or unacceptable new goods or services with users, vendors, and others to determine cause of problem and take corrective and preventative action.
- Ensure supplier compliance with site and company requirements for product safety.
- Work collaboratively with the accounting department to ensure accurate and timely payment of invoices, accurate price purchase variances (PPV's) & invoice price variances (IPV's).
- Manages item file maintenance of Approved Suppliers, List Price, and Standard Price.
Knowledge Skills & Abilities:
- Proven working knowledge of purchasing policies, processes and procedures and as Director of Purchasing.
- Knowledge of warehouse and inventory control policies and procedures.
- Knowledge of material work planning and methods engineering processes and procedures.
- Knowledge of and experience with Lean Manufacturing concepts.
- Knowledge of Microsoft Office Suite including Excel
- General knowledge of contract management
- Knowledge and ability to negotiate best vendor terms, pricing and delivery based on specific budget and schedule requirements.
- Ability to perform basic mathematical calculations
- Ability to establish and maintain effective internal and external working relationships.
- Time Management: the ability to organize and manage multiple priorities.
- Strong customer and vendor orientation
- Confident, independent action, initiative, a sense of urgency, and ability to make decisions and take responsibility for them
- Must recognize and adjust to change
- Strategic, big-picture thinking backed by an added focus on the tactical aspects of the work
- A stimulating influence on others, while being firm, direct and self-assuring in dealing with them
- Capable of delegating some authority, with close follow-up and control
- Ability to analyze information strategically
- Ability to make basic mathematical calculations, percentages, ratios and other analysis
- Proven effective Supervisory and Leadership experience
Minimum Requirements:
- Bachelor's degree preferred with emphasis in business administration, economics, and/or engineering
- Five + (5) years of progressively responsible purchasing and materials control experience and sourcing.
- Three (3) years of supervisory experience
- Five years experience in ERP system environments (Oracle preferred)
- Preferred background/knowledge of the furniture industry