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Procurement Manager

Procurement Manager

DRT Holdings, LLCDayton, OH, US
6 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Position Summary

The Procurement Manager will lead our procurement team and be responsible for the end-to-end purchasing process, from sourcing and contract negotiation to inventory management and supplier relations. This role requires a strategic thinker with a hands-on approach who can identify cost-saving opportunities, implement continuous improvement initiatives, and manage a small team. The ideal candidate will have a strong background in manufacturing procurement, a deep understanding of tooling and raw materials, and a proven track record of successful negotiation.

Key Responsibilities

  • Supplier & Contract Management :

Develop and execute sourcing strategies for tooling, raw materials, and MRO (Maintenance, Repair, and Operations) supplies.

  • Lead all purchase contract negotiations , ensuring favorable terms, pricing, and quality standards.
  • Manage supplier relationships and conduct regular performance reviews.
  • Handle purchase order call-offs and ensure timely delivery of materials.
  • Inventory & Cost Control :

    • Monitor and manage stock levels to optimize inventory turns and prevent shortages or excess.

  • Identify and implement cost-save initiatives without compromising on quality or production timelines.
  • Analyze market trends and pricing to make informed purchasing decisions.
  • Team Leadership & Development :

    • Supervise and mentor a small team of procurement specialists or buyers.

  • Foster a collaborative and high-performance environment.
  • Set team goals and conduct performance evaluations.
  • Process Improvement :

    • Drive continuous improvement initiatives within the procurement function to enhance efficiency, reduce lead times, and streamline processes.

  • Implement and maintain best practices in purchasing and supply chain management.
  • Collaborate with other departments (e.g., Production, Engineering, Finance) to ensure alignment and support business goals.

    • Qualifications

  • Experience :

    • Minimum of 5 years of experience in procurement, with at least 2 years in a management or leadership role.

  • Proven experience in a manufacturing or tooling environment is a must.
  • Demonstrated success in contract negotiation and cost management.
  • Skills :

    • Strong analytical and problem-solving skills.

  • Excellent negotiation and communication abilities.
  • Proficiency in procurement software and ERP systems.
  • Knowledge of supply chain management principles.
  • Leadership and team management capabilities.
  • Excel proficiency a must, Power BI experience a plus.
  • Education :

    • A Bachelor's degree in Supply Chain Management, Business Administration, or a related field is preferred.

  • Relevant professional certifications (e.g., CPSM, CIPS) are a plus.
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