
Posted 8 days ago
Procurement Manager
AI Summary
Oversees buying, planning and inventory management for purchased materials to support lean inventory strategies and the master production schedule. Manages supplier and stakeholder relationships and leads a team of materials staff.
About this role
About Us:
Panelmatic, Inc. was founded in 1957 in Youngstown, OH to serve manufacturing industries with the design and build of custom electrical, instrument, and pneumatic control panels. Our business has sufficiently grown over the years to support expansion for our clients. We have produced control packages for many of America's top corporations in the chemical, environmental, food, pulp and paper, rubber, petroleum, pharmaceutical, glass, metals, and utilities industries. We also deliver equipment for use worldwide. Our rigorous methodology assures compliance with domestic and international standards. We can meet the needs of our diverse clientele from start to finish through sales, design, fabrication, testing, and delivery.
Since 1957, we have been known for our high-quality, custom-built control packages, our comprehensive service, and our technological and manufacturing expertise. This expertise assures you of our ability to handle the largest and most complex packages quickly and efficiently.
Job Summary:
Panelmatic is seeking an experienced Procurement Manager who works with supply chain and manufacturing to support lean inventory and procurement strategies for purchased material. The Corporate Procurement Manager is tasked with ensuring all purchased materials, goods, and services are in timely support of the planned business needs and master production schedule. This individual will maintain key relationships with stakeholders across the organization in manufacturing, supply chain, sales, and plant management as well as with customers outside of the organization.
Job Duties:
- Oversee Buying, Planning, and Inventory Management.
- Own and implement strategies to improve the operations of the materials department.
- Ensure seamless communication and feedback with company sales team and other functional groups.
- Engage in root cause problem solving to drive process improvement.
- Own and update metrics to communicate challenges of Buying, Planning, and Scheduling Inventory Management..
- Provide recommendations regarding materials to other functional groups to drive towards excellence.
- Oversee and advise on maintenance of ideal inventory levels to ensure on-time deliveries, while maximizing turns, and minimizing carrying costs.
- Manage and reviews, profit planning and min./max. level controls, lead times, etc. of the ordering process to ensure inventory levels (purchase parts, WIP, finished goods, consignment, in-transit etc.) meet division and corporate expectations.
- Hire, train, develop and evaluate staff. Ensure compliance with current federal, state, and local regulations.
- Interface with customers, as required, establishing relationships, creating confidence, and resolving
Requirements
- Bachelor’s degree in business, or a related field or equivalent combination of education and experience required
- Five plus years of experience in Materials Management required
- Five plus years of experience in the manufacturing industry required
- Five plus years of experience using an ERP system to efficiently plan and procure material required
- Excellent communication skills, both verbal and written. Able to communicate at various levels within the organization required
- Demonstrated ability to successfully achieve goals through influence at high levels of an organization required
- Experience with material expediting and implementing solutions to short-term and long-term supply issues required
- Ability to identify employees’ strengths and limitations and give both positive and constructive feedback required
- Strong analytical skills required
- Experience with risk awareness and mitigation required
- Advanced financial acumen required
- Demonstrated past of developing and managing KPIs and metrics required
- US work authorization without sponsorship required
- Ability to pass physical, drug, driving, and background check required
- Ability to physically push, pull, and lift 50lbs or more required
- Ability to sit, stand, and walk for four plus hours at a time required
- Alignment with company core values required
Benefits
- Medical, dental, vision, HSA, term life, AD&D, STD, LTD
- 100% medical premium paid for by Panelmatic for the employee-only level medical coverage
- 80% paid for by Panelmatic and 20% paid for by the employee on all other level medical coverage (i.e. employee plus child, employee plus spouse, family)
- 401(k) contributions matched 100% up to 4%
- Scholarships, educational reimbursement, paid volunteerism, and paid personal and professional development provided
- PTO and paid holidays provided
- Career advancement opportunities
- Competitive wages
- Family-friendly environment with average employee tenure above five years
Skills
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