Job SummaryThe Purchasing Manager will set the strategic direction and oversee the commercial function of the Purchasing function. Key responsibilities encompass the strategic organization and management of purchasing, contracts management, supplier relations, commercial terms establishment, negotiation and cost optimization of materials. The Purchasing Manager will oversee the Contracts Manager and ensure that each area aligns with the overall procurement strategy. The Purchasing Manager is responsible for mentoring and developing their team on the effective use of various business systems, reports, and tools to ensure optimal and economical supply levels of all purchased items.
Essential Job Functions
- Lead and oversee the negotiations of all contract's terms and conditions.
- Guide and support the Contracts Manager to align their activities with organizational goals, promoting a cohesive and strategic approach to purchasing.
- Establish and monitor key performance indicators such as on-time delivery rates, inventory levels, procurement costs, shipment timelines, past-due purchase orders, vendor performance, quality metrics, and actual vs. forecasted performance.
- Develop, review, and approve innovative administrative, purchasing, and procedural strategies to maintain cost efficiency and operational effectiveness.
- Champion and support corporate compliance initiatives and corporate commodity strategies to ensure alignment and synergy across the entire operation.
- Oversee all vendor (direct and indirect) contract activities, including negotiation, implementation, and monitoring of contractual terms.
- Ensure the drafting, reviewing, amendment, and secure storage of all contracts.
- Establish and maintain contract compliance and management systems to mitigate risks and leverage opportunities.
- Monitor contract performance and enforce terms to protect the organization's interests.
- Foster strategic supplier relationships and engage in collaborative initiatives to enhance procurement efficiencies.
- Negotiate terms including delivery windows, pricing, penalties, payment terms, and consignment arrangements.
- Coordinate and implement improvement plans with suppliers, ensuring consistency and alignment across all supply chain parties.
- Ensure adherence to contract policies, processes, and guidelines necessary to maintain secure contract documentation and compliance with Safran, state, and federal regulations.
- Support the Procurement team in the development and execution of purchasing agreements.
- Promote compliance initiatives and corporate commodity, logistics, and inventory strategies to achieve synergy across the operation.
- Drive continuous improvements in procurement processes, focusing on cost reduction, vendor quality enhancement, on-time delivery improvements, and lead time reductions.