Purchasing Specialist

Overview

We are seeking a detail-oriented Purchasing Specialist to join our team. In this role, you will play a crucial part in ensuring our procurement processes align with our company's mission of providing the highest quality dairy products. Your expertise will contribute significantly to our operational efficiency and product excellence. As a purchase manager, you will be responsible for handling the procurement process, sourcing suppliers, and managing vendor relationships to ensure a seamless supply chain and optimize costs. This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market. We offer competitive compensation packages, health benefits and a supportive work environment that fosters learning and professional growth.

Objectives

• Developing and implementing strategies and policies for cost optimization and enhancing supply chain efficiency.
• Identifying, evaluating, and selecting suppliers based on quality, reliability, cost-effectiveness, and adherence to ethical and sustainability standards.
• Negotiating contracts and terms with suppliers to ensure favorable pricing, payment terms, and mutually beneficial agreements.
• Collaborating with internal stakeholders to understand their requirements and align activities with organizational goals.
• Conducting market research and analysis to stay updated on industry trends, supplier capabilities, and pricing fluctuations.
• Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.
• Monitoring inventory levels, analyzing demand patterns, and implementing inventory management strategies to manage stock levels and avoid shortages or excesses.

Responsibilities

Implement systems and tools to streamline processes and enhance efficiency.

Source and negotiate with potential suppliers, assess their capabilities, and evaluate their suitability based on predefined criteria.

Manage supplier relationships, including regular communication, performance evaluations, and issue resolution.

Collaborate with internal stakeholders to understand their requirements and develop plans accordingly.

Analyze inventory levels, demand forecasts, and consumption patterns to optimize stock levels and reduce carrying costs.

Continuously evaluate and improve practices, including identifying cost-saving opportunities and process enhancements.

Prepare and present reports on activities, performance metrics and cost savings to higher management.

Develop and maintain metrics to track performance, identify areas for improvement, and report on sourcing effectiveness.

Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.

Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to sourcing activities.

Required Skills and Qualifications

Bachelor's degree in supply chain management, business administration, or a related field.

5+ years of experience as a purchasing manager within the market.

In-depth knowledge of procurement principles, strategies and best practices.

Demonstrable experience in the market and familiarity with local suppliers and sourcing channels.

Experience in implementing sustainable and socially responsible procurement practices.

Strong skills in budgeting, cost optimization, and negotiation techniques.

Knowledge of vendor management and inventory management systems.

An analytical mind with excellent communication and interpersonal skills.

Ability to work collaboratively with cross-functional teams.

Knowledge of local and national laws and regulations related to procurement.

Willingness to work in a fast-paced and competitive environment.

Preferred Skills and Qualifications

Master's degree in supply chain management, business administration, or related field.

Knowledge of industry-specific regulations and compliance requirements.

Relevant certification in procurement or supply chain management.

Proficiency in data analysis and reporting tools.

Ability to lead and mentor a team of procurement professionals.

Detail-oriented with strong organizational and time management abilities.

Experience with sourcing, logistics and supply chain best practices.

Job Details

Job Type : Full-time

Pay : $120,000.00 – $140,000.00 per year

Benefits :

401(k)

401(k) matching

Dental insurance

Health insurance

Health savings account

Life insurance

Paid time off

Professional development assistance

Retirement plan

Education : Bachelor's (Preferred)

Location : Cleveland, OH 44104 (Preferred)

Ability to Commute : Cleveland, OH 44104 (Required)

Work Location : In person

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