Procurement Manager

Description

• Integrate sustainability principles into the supply chain strategy, prioritizing environmentally friendly practices and reducing the company's environmental footprint.
• Develop and implement procurement strategies to optimize the purchasing of raw materials, components, and subassemblies.
• Manage inventory levels effectively to minimize stockouts, reduce carrying costs, and ensure adequate supply for production.
• Forecast material and component requirements based on production schedules, sales forecasts, and inventory levels.
• Development of the Procurement team employees; to include motivation of the team and continued progress in professional and technical competence
• Identify and secure alternative/ secondary suppliers to ensure the needs of the business can be met without interruption or failure
• Implement risk management strategies to minimize the impact of supply chain disruptions on production, customer fulfillment, and overall business operations.
• Collaborate with suppliers to implement sustainable sourcing practices, reduce packaging waste, and optimize transportation routes to minimize environmental impact
• Streamline number of approved vendors while refining and developing existing supplier relationships to ensure company expectations are consistently satisfied
• Develop contingency plans to address potential risks and ensure business continuity in the face of disruptions.
• Maintain a clear focus on key performance indicators (KPIs) and communicate with management accordingly
• Provide Strategic Sourcing with initiatives and activities to support the Manufacturing floor.
• Develop and implement a comprehensive supply chain strategy aligned with the company's overall business objectives and growth plans.
• Collaborate with senior management to ensure the supply chain strategy supports the company's long-term vision and mission.
• Identify, assess, and mitigate potential supply chain risks, such as supplier disruptions, transportation delays, and natural disasters.
• Establish and maintain strong relationships with key suppliers, fostering collaboration and ensuring reliable supply of high-quality components and materials.
• Monitor and report on the company's supply chain sustainability performance, ensuring alignment with environmental goals and regulations
• Evaluate and qualify new suppliers, assessing their capabilities, performance history, and alignment with the company's sustainability goals.
• Provide root cause analysis and execute corrective action plans with efficiency and effectiveness
• Maintain and comply with all Munters polices and initiatives to include (but not limited to) ISO Quality Programs and Safety/ Environmental regulations and laws
• Negotiate and manage supplier contracts, ensuring favorable terms, competitive pricing, and adherence to quality standards.
• Oversee all Purchasing and Inventory Control transactions and related activities to ensure compliance with established policies, procedures and guidelines.
• Identify and analyze supply chain trends, market conditions, and customer demand patterns to inform strategic decision-making.
• Analyze supply chain data to identify areas for improvement, potential bottlenecks, and opportunities for cost reduction.
• Utilize data-driven insights to inform strategic decisions, optimize supply chain processes, and enhance overall supply chain performance
• Establish and monitor key performance indicators (KPIs) to measure the effectiveness of the supply chain and track progress towards improvement goals.

Requirements

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance