Position Overview:
The Purchasing Manager is responsible for leading the company’s procurement strategy by establishing and managing supplier relationships, negotiating contracts and cost savings, and ensuring optimal inventory levels to support production and business operations. This role plays a critical part in cash flow management, coordinating closely with manufacturing, planning, and finance to align purchasing with company objectives. The ideal candidate has strong leadership, negotiation, and analytical skills, and a deep understanding of sourcing, supply agreements, and ERP systems.
Responsibilities:
- Manage all purchasing activities, including supplier selection, contract negotiations, ordering and procurement planning.
- Develop and maintain supply agreements that reduce cost, secure availability, and manage supplier performance and risk.
- Collaborate with production and planning teams to ensure timely procurement of materials while maintaining appropriate inventory levels.
- Implement cost reduction strategies while preserving product quality and delivery timelines.
- Monitor and manage supplier performance; establish KPIs and regular review processes.
- Analyze material requirements using ERP and MRP systems and ensure timely and accurate ordering.
- Work with finance to support cash flow forecasting and optimize purchasing schedules.
- Maintain accurate procurement records and ensure alignment with quality, compliance, and GMP standards.
- Drive continuous improvement in purchasing processes and inventory control.
- Supervise and mentor purchasing or procurement coordinators, as applicable.
- Participate in cross-functional teams to support new product introductions and supplier transitions.
- Stay informed of market trends, pricing shifts, and supply chain risks to proactively adjust sourcing
- All other duties as assigned.
Qualifications:
- Bachelor’s degree in supply chain management, Business Administration, Operations, or related field.
- 5+ years of experience in purchasing, strategic sourcing, or supply chain within a manufacturing or capital equipment environment.
- Proven track record of contract negotiation and cost reduction strategies.
- Deep understanding of purchasing processes, inventory control, and supplier relationship management.
- Proficiency in ERP systems (Microsoft Dynamics 365 Business Central preferred).
- Strong analytical skills and proficiency in Microsoft Excel.
- Familiarity with ISO standards and GMP-compliant environments.
- Excellent communication and problem-solving skills with the ability to influence across departments.
Please note that this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.
We are an equal opportunity employer and do not discriminate based on race, color, religion, gender, sexual orientation, national origin, disability, age, or any other protected category.