Summary/Objectives:
Paumac’ s Purchasing Manager manages sourcing and buying materials or products needed for the production of product. Ensures that materials are purchased at a reasonable cost, within budget, and delivered on time for production. liaise with suppliers and negotiate contracts while maintaining good relationships to secure favorable pricing and terms. Monitor supplier performance and quality, ensuring that the goods meet the required specifications. Maintains an accurate inventory record and evaluates suppliers based on performance and financial stability. keep up-to-date with market trends and identify opportunities to reduce costs and improve the supply chain process. Strong analytical skills, attention to detail, excellent communication, and negotiation skills are vital for success in this job.
Essential Functions:
- Develops, maintains, and continually improves Paumac’ s purchasing strategy.
- Manages the members of the purchasing team. Review & allocate workload based on requisition count and work-in-progress activity with moderate supervision;
- Negotiates prices and contracts with suppliers.
- Meet with suppliers and visit for business negotiations, evaluation, and/or quality concerns as needed.
- Builds and maintains relationships with supply base.
- Oversees RFQ processes with suppliers through management of Purchasing associates. .
- Active member of APQP Team activities.
- Selects prospective suppliers and negotiates contracts.
- Process Owner for the External Provider Process. Leads in managing Paumac’ s Purchasing Processes including supplier selection, evaluation, approval processes and ongoing quality and delivery performance. Monitors supply chain performance and reacts to low performing suppliers (OTD, PPM, Customer Interruptions, premium freight)
- Evaluates supply based on quality, timeliness, and price.Overs ees that Suppliers are communicated quarterly their performance and any performance issues are addressed.
- Develop and amend work procedures, instructions, or standard operating procedures as needed;
- Management of customer IMDS, Conflict Material requirements and any other material content customer reporting requirements.
- Overseas department to ensure that inventory is monitored and supply needs are being met.
- Keeps up with trends in procurement.
- Assist in maintaining accurate standard cost.
- Monitors and tracks cost savings related to supplier selection and negations.
- Travels to vendor locations.
- Initiate process improvements for the continual improvement of Purchasing processes at Paumac
- Stays current with purchasing technology trends and oversees purchase and implementation, as necessary.
- Track absenteeism and timekeeping. Mange department PTO to ensure adequate resource coverage for area.
- Accurately complete all required paperwork in a timely manner
- Communicate with other departments as necessary.
- Keep work areas clean and organized.
- Adhere to all company rules and policies especially those related to ethical and legal purchasing practices.
- Performs other related duties as assigned by supervisor.
KEY PERFORMANCE METRICS FOR POSITION:
- Inventory Turns
- Purchase Price Variances
- On Time Delivery Supply Chain monitoring
- Semi-Annual Cost Saving Reporting to Upper Management
