Purchasing Analyst

Essential Duties and Responsibilities

• Develop inventory strategies that best support customer demand while supporting lean inventory principles
• Work closely with supply base to optimize ordering strategies such as minimum order quantities, economic order quantities and lead times
• Manage raw materials inventory to achieve corporate inventory goals and ensure the right parts are available at the right time as well as understand financial impact to the organization
• Analyze slow moving inventory and create clear plan to mitigate held inventory (drive rework initiatives, transition inventory to sister business units, drive scrap dispositions, etc.)
• Drive material flow improvements and storage optimization through collaboration with internal and external functional areas to realize reduced or improved warehousing footprints and realize manufacturing efficiencies through improved material flow
• Effectively manage internal and external supply chain collaboration
• Create continuous improvement initiatives and action items to completion
• Perform part outage root cause analysis, implement and broadly communicate corrective measures taken
• Utilize MRP to procure the right production materials to support customer demand
• Properly escalate for any potential supply chain disruption
• Work closely with OFP, Materials and Operations teams to align mitigation plans (not limited to only supply chain disruptions)
• Manage item master data
• Support new product launches
• Prepare monthly reports as needed

Knowledge, Skills and Abilities

• Ability to react to problems quickly and decisively
• Proficient in Microsoft Office (Outlook, Excel and PowerPoint)
• Project management skills
• Analytical and problem-solving skills
• Excellent written and verbal communication skills
• Ability to develop rapport and foster strategic relationships
• Understand inventory control procedures
• Excellent reporting skills and understanding of visual management
• Ability to manage projects and consistently and drive follow up
• Advanced analytical skills
• Skilled in problem-solving
• Proficient in inventory control procedures
• Ability to read engineering prints
• Ability to facilitate negotiation

Education and/or Experience

• 7 + years of supply chain management experience in a manufacturing environment
• Equivalent supply chain focused APICS certification (CPIM or CSCP)
• OR
• Bachelor’s degree in supply chain management, Business Administration, Engineering, Finance
• 5 + years of supply chain management experience in a manufacturing environment