Purchasing Manager

Our client is currently seeking an innovative Purchasing Manager to lead its procurement team as it continues to grow and expand its presence in the industry.

The Position:

The appointed Purchasing Manager will oversee the company’s sourcing capabilities and supply chain, finding and evaluating suppliers, products, and services, negotiating contracts, and acquiring the most cost-efficient deals without compromising on quality. A key function of this role will be to build the procurement function from the ground up, leveraging extensive experience and best practices, with key responsibilities to include:

• Monitoring supply chain dynamics for strategic purchasing direction.
• Managing supplier and stakeholder relationships in procurement projects.
• Understanding the legal, risk, and business implications of contracts.
• Negotiating commercial agreements with suppliers.
• Managing contract repository and execution with legal partnership.
• Presenting contracting strategies to stakeholders and management, coordinating contract milestones and deliverables, and evaluating contract performance for compliance.
• Conducting make/buy analysis for insourcing/outsourcing decisions.
• Prioritizing cost savings through productivity and improvement initiatives.
• Negotiating pricing, schedule, and terms with manufacturers and suppliers.
• Tracking and reporting key metrics for expense reduction and effectiveness improvement.
• Interviewing, screening, and documenting potential subcontractors, suppliers, and material suppliers.
• Developing and overseeing bidding process effectiveness.
• Working with Accounts Payable and Engineering for budget management and escalations.
• Maintaining positive relationships with suppliers and internal stakeholders.
• Managing the RFQ process with stakeholder and technical input.
• Overseeing risk management for supply contracts.
• Building out a Procurement team if needed.

Requirements:

• A minimum bachelor’s degree in business, engineering, or related.
• 7+ years of related experience.
• The ability to support and lead cross-functional teams.
• Demonstrated success in leading the negotiation of large-scale contracts over $5M.
• An understanding of supply chain financials and supply chain dynamics.
• Demonstrated success in overseeing spend categories or overall supplier management.
• The ability to model various business scenarios and analyze resulting costs, impacts, risks, and benefits to inform and recommend business solutions.
• Ability to multi-task and manage multiple assignments concurrently while still meeting deadlines.
• Strong organizational and time management skills.