Job Description
Inventory Management
* Oversee inventory control procedures to ensure accurate and timely recording of inventory levels.
* Develop and implement inventory management strategies to optimize stock levels and minimize carrying costs.
* Monitor inventory levels to prevent overstocking or stockouts and to ensure availability of necessary materials.
* Conduct regular inventory audits and reconciliations to maintain inventory accuracy.
* Manage inventory performance metrics and provide report results and recommendations to leadership.
Procurement Management
* Develop and implement procurement strategies to ensure cost-effective purchasing of goods and services.
* Negotiate contracts, pricing, and terms with suppliers and vendors.
* Establish and maintain relationships with suppliers, ensuring the quality and reliability of supply sources.
* Conduct market research to identify new suppliers and evaluate their performance.
* Manage the procurement process from requisition to delivery, ensuring compliance with company policies and procedures.
* Partner with inventory control team to ensure accurate and timely recording of inventory levels.
Supplier Relationship Management:
* Monitor and communicate supplier KPIs.
* Use supplier scorecards for performance accountability.
* Lead RFP and RFQ processes.
* Ensure suppliers and manufacturers meet the terms of agreements.
* Team Leadership and Development:
* Lead and develop the procurement and inventory teams.
* Establish and ensure adherence to standard operating procedures.
* Supervise MRP activities.
* Provide mentorship and support to team members.
* Act as a check against purchase order approval thresholds.
* Develop and manage the procurement budget, ensuring adherence to financial targets.
* Monitor and control inventory costs to achieve cost savings and improve profitability.
* Prepare financial reports and analysis related to procurement and inventory activities.
* Monitor and communicate assigned KPIs.
Process Improvement and Collaboration:
* Maintain accountability to performance metrics.
* Drive continuous process improvement.
* Collaborate with other departments to meet customer expectations.
* Participate in pre/post-build meetings for new products.
* Oversee the MRP system within ERP.
Benefits
* Profit Sharing and Incentive Bonus
* Unlimited PTO
* Company Paid Holidays
* Health insurance: Copayment Plus Plan or High Deductible Health Plan with $1500-$3000 HRA Contribution
* Dental insurance
* Vision insurance
* LTD and STD insurance
* Company Paid Life Insurance
* EAP
* Colonial Life
* 401(k) with company match
* Employee Discount Program
* Free snacks and drinks
