Procurement and Inventory Manager

Procurement & Inventory Manager (On-site)We are seeking an experienced, detail-oriented, and solutions-driven Procurement & Inventory Manager to join this dynamic team. This role is pivotal in managing supplier relationships, overseeing inventory, and procuring materials for third-party manufacturing. The ideal candidate will have a strong background in purchasing strategies and inventory management, with a keen eye for market trends and cost optimization.?Key Responsibilities:Supplier Management:Identify and evaluate potential suppliers both domestically and internationally.Negotiate and manage contracts, pricing, and payment terms to secure favorable agreements.Develop and maintain strong relationships with suppliers to ensure a reliable supply chain.Monitor supplier quality and delivery performance, conducting quarterly business reviews.Ensure compliance with relevant laws, regulations, and company policies.Analyze and manage costs associated with suppliers, implementing strategies to optimize procurement costs.Facilitate communication between suppliers and internal teams for seamless operations.?Demand Planning for Direct Materials:Utilize the Business Central ERP System to determine the quantity and timing of direct materials needed for production.Integrate demand forecasts with material planning to ensure accurate and timely procurement.Maintain optimal inventory levels to support uninterrupted production.Collaborate with suppliers to ensure timely delivery of materials.Monitor and manage lead times to align with production schedules.Collaborate with third-party manufacturing teams to align material planning with production schedules.Implement continuous improvement initiatives to enhance material planning.Maintain standard naming conventions and coding structures for direct material part numbers.Oversee inventory cycle counts to ensure system accuracy.Oversee the processing of daily inventory receipts and transactions.?Additional Responsibilities:Lead purchasing activities for New Product Development (NPD).Maintain the Direct Material Cost Save Funnel.Maintain the Supplier Approval List.Perform other duties as assigned by management to support Supply Chain & Operations.?Qualifications:Minimum of 5 years' experience in Procurement and 5 years in Inventory Management.Bachelor's degree in Supply Chain, Business Management, or Engineering.Proficient in ERP systems, preferably Business Central 365.Proficient in Microsoft Excel, Demand Planning, and SharePoint.Strong work ethic, well-organized, and a self-starter.Detail-oriented with the ability to work through highly detailed processes reliably and accurately.Strong problem-solving skills, documentation skills, research and resolution skills, data analysis, and multi-tasking abilities.Ability to work independently and collaboratively in a fast-paced, high-volume environment.Team player willing to assist in tasks outside normal responsibilities.?Performance Metrics:Achieve 3-4% direct material cost savings.Maintain 99% accuracy of finished goods inventory.Maintain 98% cycle count accuracy of raw material inventory.?Physical Requirements:Shuttle shipping and receiving paperwork between office and manufacturing/warehouse sites.Walk production facility to cycle count inventory levels.Ability to lift cases of product up to 35 lbs.

Created: 2025-06-19