Procurement Manager

RESPONSIBILITIES

• Develop and execute an effective strategic sourcing plan, to create synergies that will drive lower costs, and enables efficient sourcing and contracting in a fast-paced environment.
• Manage timely strategic sourcing events, negotiate supply agreements and contracts to ensure lowest cost and supply continuity
• Work closely with the Company’s cost accounting manager to develop, measure and maintain standard costs that will serve as budget and the benchmark for purchase price variance analysis and reporting.
• Manage and maintain the materials resource planning (MRP) module of the Company’s ERP system. Maintain proper inventory levels for all items using standard re-order point methodologies.
• Partner with operations and manufacturing plants to determine necessary inventory levels and purchasing volume that will meet customer demand and production schedules.
• Eliminate/minimize packaging and ingredient obsolescence
• Keep up with current purchasing trends and regulatory policies by taking courses, attending seminars/webcasts, networking with other purchasing professionals and reading relevant material.
• Participate in new projects involving functional areas such as R&D, Operations, Sales and Marketing.

PHYSICAL REQUIREMENTS

• Frequently required to walk, lift and/or move up to 50 pounds; use distance vision; depth perception.
• Occasionally required to climb, stand or balance; stoop, kneel or crouch.
• work in wet or humid conditions, in high places and outdoor weather conditions; exposed to fumes or airborne particles

EXPERIENCE

• Certified Purchasing Manager status preferred, including a strong background in material management and/or plant operational experience is a plus.
• Must be experienced in strategic sourcing and have a proven background of successful Procurement strategy implementation.
• Strong analytical skills, including the ability to determine and explain usage and pricing variances.
• Proficiency in MS Office software, especially Excel, Word and PowerPoint.
• Experience with large ERP systems that use an MRP module is strongly preferred.
• Minimum of ten (10) years of experience in procurement is preferred.

EDUCATION

• B.S. / B.A. degree in supply chain management or equivalent is strongly preferred.