Summary
The Purchasing Team Lead will play a pivotal role in leading and managing the procurement team. Responsibilities will include coordinating with suppliers, optimizing inventory levels, and ensuring the timely and cost-effective procurement of fasteners and related components to meet customer demand and company objectives. This role will also be responsible for leading and managing a team of purchasing professionals.
Essential Functions
- Lead, mentor, and manage a team of purchasing professionals, providing guidance, support, and training to ensure the team’s success and development
- Cultivate and manage strategic relationships with key suppliers, negotiate complex agreements, and resolve critical issues to ensure a robust and reliable supply chain
- Analyze inventory data, trends, and demand patterns to optimize stocking levels, reduce carrying costs, and minimize stock outs
- Oversee the negotiation, execution, and management of high-value contracts and agreements with suppliers, ensuring strict compliance with terms and conditions
- Conduct advanced price analysis, cost modeling, and total cost of ownership assessments to identify opportunities for significant cost savings and value-added services from suppliers
- Collaborate closely with quality teams to ensure that all products meet or excel the required quality standards and specifications
- Stay at the forefront of industry trends, market conditions, and innovations in fasteners and related products, leveraging this knowledge to make highly informed purchasing decisions
- Provide mentorship, guidance, and leadership to other procurement team members, fostering their professional growth and development
- Generate reports on procurement metrics, supplier performance, and cost savings for management
- Contribute to the development and execution of strategic initiatives to enhance the overall efficiency and effectiveness of the procurement function
- Lead and support cost reduction initiatives by identifying opportunities for savings, process improvements, and efficiencies within the procurement function
Knowledge/Skills/Abilities
- Proven track record of successful supplier negotiations and cost reductions
- Exceptional negotiation, analytical, and problem-solving skills
- Proficiency in using advanced procurement software, data analytics tools, and Microsoft Office Suite
- Outstanding communication, leadership, and team management abilities
- Basic knowledge of fasteners, materials, industry standards, and market dynamics
- Strong written and verbal communication skills
Required Education and Experience
- Bachelor’s degree in business, supply chain management, or related field (or equivalent experience)
- 5+ years of progressive experience in a procurement or purchasing role within the fastener distribution industry
Additional Position Information
- Location: Brillion, WI OR Madison, WI (on-site / hybrid)
- Benefits: Endries offers a great benefit package including medical, dental, vision, and life insurance, generous paid time off, a company matched 401K plan, and much more. Most benefits are effective on your first day!
At Endries International, our vision is to achieve uncommon results, together. We are innovators leveraging technology to deliver exceptional value to our customers. Our associates make a difference by passionately providing reliable, innovative, and efficient supply chain solutions through deeply rooted relationships. Endries International is a rapidly growing global fastener distribution company headquartered in Brillion, Wisconsin. Learn more: www.endries.com
Endries International is an equal opportunity employer. All qualified applicants will be considered for employment without attention to his or her race, color, religion, sex, sexual orientation, age, national origin, marital status, pregnancy, veteran status or because of a disability that does not prevent the individual from performing the essential functions of his or her job, as well any other legally protected class status.