OverviewThe Purchasing Manager is responsible for overseeing the procurement of materials, supplies, and services necessary for the company's operations. This role ensures cost-effective purchasing decisions, supplier negotiations, and inventory management while maintaining quality and compliance standards.
ESSENTIAL DUTIES AND RESPONSIBILITIESinclude the following. Other duties may be assigned.
- Develop and implement purchasing strategies to optimize costs and supplier relationships.
- Identify, evaluate, and negotiate contracts with suppliers and vendors.
- Monitor and manage inventory levels to ensure availability of necessary materials.
- Oversee purchase order processing, approval workflows, and procurement documentation.
- Collaborate with internal departments to understand purchasing needs and ensure timely delivery of materials.
- Ensure compliance with company policies, industry regulations, and legal requirements.
- Analyze market trends to anticipate supply chain risks and opportunities.
- Manage and develop relationships with key suppliers to ensure long-term partnerships.
- Conduct cost analysis and supplier performance evaluations.
- Implement best practices in procurement processes and vendor management.
- Manage key metrics (KPIs) such as cost reduction, supplier performance, inventory turns and excess inventory.
- Lead and mentor the purchasing team to enhance efficiency and effectiveness.
- Provide strategic guidance and leadership to purchasing team across multiple divisions, fostering collaboration, and promoting strong cross-functional teamwork.
Supervisory ResponsibilitiesThis position does have supervisory responsibilities
Qualifications & Skills
- Bachelor’s degree in supply chain management, Business Administration, or a related field.
- Minimum of 5 years of experience in purchasing, procurement, or supply chain management.
- A minimum of 5 years demonstrated experience leading, supervising and developing teams is required.
- Strong negot