Jobs · Purchasing · Tennessee

Purchasing Manager

Hyosung HICO LTD. · Memphis, TN · 2 mo ago
On-sitePurchasing$20k/yrFull-time

Essential Functions

  • Establish, implement, and oversee purchasing strategy and control of purchase contracts.
  • Establish and monitor purchasing policies, supplier requirement, and purchasing ethic policies, etc.
  • Manage purchase orders processes including receipts of price quotation, selection, delivery, etc.
  • Plan and conduct regular evaluation of registered suppliers with relevant teams per ISO requirements.
  • Plan and implement education and training for suppliers as required.
  • Build and maintain strong relationships with suppliers, negotiating terms to secure favorable pricing and delivery.
  • Plan and implement improvement activities for cost reduction, quality improvement, standardization, etc.
  • Manage documented information and the security of such information, such as annual purchasing strategy, purchase order, approved vendor list, contract, supplier assessment/evaluation report, change request provided by supplier, external provider’s asset list, RCA (root cause analysis) report, risk management sheet, organization knowledge, training/education record, job competency assessment, cost reduction, and purchasing procedure (or work instruction), performance report, purchasing policy, etc.
  • Responsible for monitoring purchasing KPI’s such as buyer performance, supplier delivery performance, and supplier quality.
  • Ensure all purchasing team activities are performed with the highest of standards.
  • Further the goals and positive, professional image of the Power Transformer Division by conducting business with other Hyosung divisions, departments, suppliers, etc. in a timely and cooperative manner.

Description

The description above represents the most significant essential duties of the job but does not exclude other occasional work assignments not mentioned. The non-essential functions of the position include, but are not limited to, the following:

  • Develop, compose and distribute procedures.
  • Take an active role in continuous improvement.
  • Make recommendations and take actions to improve Company policies.
  • Support and assist the Supply Chain Manager as needed.
  • Perform other duties as assigned.

Benefits

Best benefits in the industry!

  • Free Medical Insurance Option – A company-paid 100% medical insurance option for you and your family, effective on the first day of the month after hire date.
  • Free Life Insurance – Employer-paid basic life insurance – 1X Annual salary plus an additional $20,000 coverage: Optional buy for dependent coverage.
  • Paid Vacation, Sick Leave, and 12 paid holidays per year.
  • Tuition Assistance.
  • Bonuses – Monthly Attendance (production and some other hourly roles), Annual, and Quarterly bonus eligibility (Bonuses are not guaranteed and are based on several factors such as company and individual performance).

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