Purchasing Manager
Responsibilities
- Develop the future direction of the purchasing department to optimize the purchasing process, adopt new technology to enhance purchasing efficiencies and enhance the overall outcome of purchasing for Hydraquip.
- Enforce company policies and procedures pertaining to the purchase of inventory and non-inventory material and other relevant procurement activities.
- Develop and report on key performance indicators (KPIs) and measurements related to inventory management and supplier performance.
- Manage purchase requisitions from the sales staff to ensure alignment with company policies, goals, and budgetary constraints.
- Ensure that purchasing documents are completed properly and the terms and conditions of purchase are appropriate.
- Procure a select number of product lines.
- Oversee and manage the daily activities of the purchasing team, set clear expectations, provide guidance, and ensure that team members understand their roles and responsibilities.
- Recruit and hire purchasing team members, developing and implementing training programs to enhance the skills and knowledge of team members.
- Conduct regular performance evaluations and provide feedback to team members. Establish key performance indicators (KPIs) and track team performance against set targets.
- Support and participate in the organization's continual improvement program and conform to ISO 9001:2015 requirements by complying with the Quality Policy and procedures and meeting Quality Management System objectives.
Requirements
- Bachelor's degree in industrial distribution, technical field, business administration, management, or a related field preferred.
- Completed certificate in Effective Inventory Management or similar course is preferred.
- Three (3) to five (5) years of experience in purchasing, distribution or related field.
- Experience working in an ISO 9001 environment is considered a plus.
- Proven experience in procurement and supply chain management.
- Strong negotiation and communication skills.
- Knowledge of procurement software and tools.
- Familiarity with relevant laws and regulations.
- Strong analytical and quantitative skills, with the ability to collect, organize, analyze, and interpret data to make informed decisions.
- Leadership and team management skills.
- Able to communicate effectively before groups of customers, vendors, and groups of customers and employees of organization.
- Proficient in performing numerical calculations involving discounts, interest rates, fractions, and percentages.
- Knowledgeable in Microsoft Office Suite (Word, Excel, Outlook).
Benefits
We offer a competitive salary and benefits package, including medical, dental, vision, life and disability insurance, and 401(k) plans with company match. A unique benefit we offer as part of Employee Owned Holdings, Inc. is an employee stock ownership plan (ESOP).
An ESOP is a special retirement program that allows employees to own stock in the company. When you join EOHI, you automatically begin investing in your future (without having to purchase shares). We are a high growth company committed to training our employee owners to develop their skills and advance in their careers. Studies also show that retirement account balances for ESOP companies are 2.5 times higher than those companies without employee ownership. Research shows employee owned companies are superior in performance, employee benefits and employee morale because everyone is working towards a common goal.