Job Description
Job Summary:
The Senior Purchasing & Inventory Manager will oversee the procurement of materials, manage supplier relationships, and ensure optimal inventory levels to support manufacturing operations. This role requires strategic sourcing skills, effective negotiation abilities, and a deep understanding of supply chain management to drive cost efficiencies and maintain quality standards.
Key Responsibilities:
- Develop and execute procurement strategies to ensure cost-effective purchasing of materials and supplies.
- Manage supplier relationships, negotiating contracts and terms to achieve favorable pricing and service levels.
- Monitor inventory levels and implement inventory control procedures to optimize stock availability and reduce excess.
- Collaborate with production, engineering, and project management teams to align purchasing activities with operational needs.
- Analyze market trends and forecasts to anticipate material requirements and mitigate supply chain risks.
- Lead, mentor, and develop the purchasing and inventory control team, fostering a culture of continuous improvement.
- Prepare and present reports on purchasing and inventory metrics to senior management, providing insights and recommendations.
Qualifications:
- Bachelor’s degree in Supply Chain Management, Business Administration, or related field; MBA preferred.
- 7+ years of experience in purchasing, supply chain management, or inventory control, preferably within manufacturing or signage industries.
- Proven track record of strategic sourcing and supplier management with strong negotiation skills.
- Proficiency in ERP systems and advanced Excel skills.
- Excellent analytical and problem-solving abilities.
- Strong leadership and team development experience.
- Exceptional communication and interpersonal skills.