Purchasing Manager

Job Description

Summary of Responsibilities:

As a Purchasing Manager in the Fluid Power Industry, you will play a crucial role in overseeing and optimizing the procurement processes related to fluid power components and systems. The role requires a combination of strategic thinking, strong negotiation skills, and in-depth knowledge of the fluid power sector.

Key Responsibilities:

• Work with internal vendors (EPG, Y2K, etc..) to establish forecast and stocking requirements.
• Meet with team and vendors to evaluate performance from both sides, create ways to improve relationships, grow revenue, improve discounts, freight terms and conditions.
• Meet with Branch Managers quarterly to discuss current issues, new ideas, progress and inventory levels.
• Help qualify new vendors and analyze products.
• Manage offshore logistics resources. • Looks for ways to assist distribution in “spot buy” purchasing.
• Looks for ways to assist manufacturing with their purchasing.
• Manage inventory returns and obsolete inventory usage.
• Coordinate with Inventory Control for warehouse space utilization.
• Manage all open purchase order reports.
• Assist with ways to help reduce inventory costs.
• Analyze vendor spend and purchasing behavior, looks for areas of improvement.
• Assist with uploading new price lists from suppliers.
• Learn all purchasing processes within companies ERP system.
• Backfill for team members when needed.
• Responsible for team member performance evaluations and personal development.
• Other duties as assigned by Management.

Skills/Qualifications: Bachelor's Degree in Business; Supply Chain Management; Engineering, or a Related Field; Master's Degree is a Plus; Proven experience in Purchasing and Procurement, with a focus on Fluid Power Components and Systems; Strong Negotiation, Communication, and Interpersonal Skills; In-depth Knowledge of the Fluid Power Industry; including Market Trends, Suppliers, and Technologies; Familiarity with ERP Systems and Procurement Software; Analytical and Strategic Thinking Abilities.