Job Summary: The Purchasing Manager will oversee the procurement of raw materials, equipment, and supplies necessary for the company's manufacturing operations. This role is critical to ensuring cost-effective purchases while maintaining high-quality standards and timely delivery. The Purchasing Manager will collaborate closely with suppliers, internal departments, and management to develop and implement purchasing strategies that align with the company’s goals.
Key Responsibilities:
- Develop, lead, and execute purchasing strategies to meet the company’s supply needs.
- Establish and maintain relationships with suppliers, negotiating contracts, pricing, and ensuring best value for the company.
- Monitor and forecast upcoming levels of demand to ensure adequate inventory levels.
- Conduct research to identify potential new suppliers and stay updated on market trends.
- Evaluate and analyze supplier performance, quality, and delivery to ensure compliance with company standards using supplier scorecards.
- Perform risk assessments to determine where additional or replacement suppliers are required to maintain quality supply.
- Manage the procurement process, including issuing purchase orders, tracking orders, and ensuring timely delivery.
- Collaborate with production, operations, and quality departments to align purchasing activities with manufacturing schedules and quality requirements.
- Resolve any issues or discrepancies with suppliers promptly and effectively.
- Maintain accurate records of purchases, pricing, and inventory levels.
- Prepare and present reports on procurement activities, costs, and supplier performance to management.
- Ensure compliance with company policies, industry regulations, and ISO standards.
Management Responsibilities:
- Supervise, mentor, and develop a team of buyers and other procurement support staff.
- Assign tasks and responsibilities to team members, ensuring optimal workload distribution and efficiency.
- Conduct regular performance evaluations, providing constructive feedback and setting goals for professional development.
- Provide training and development opportunities for team members to enhance their skills and knowledge.
- Address and resolve any personnel issues within the procurement team.
Qualifications:
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
- Minimum of 5 years of experience in purchasing or procurement, preferably in a manufacturing environment.
- Ability to develop and maintain supplier relationships.
- Proficient in using procurement software and Microsoft Office Suite.
- Knowledge of supply chain management best practices and market research techniques.
Preferred Qualifications:
- Professional certification (e.g., CPM, CPSM) is a plus.
- Experience with lean manufacturing principles.
- Familiarity with ERP systems and ISO standards.
