Summary:
To be responsible for the purchasing and developing procurement strategies for the acquisition of raw materials, finished goods, supplies, and outside services for the benefit of the Company.
Essential Job Elements
- Managing and mentoring a dynamic team of purchasing professionals.
- Establishing and maintaining measurable performance metrics for all levels of procurement activities to include but not limited to supplier performance, supplier quality, internal order placement performance, buyer activity levels, financial (AP) performance, and material shortage elimination.
- Report to management the measurable status of progress and corrective actions as it pertains to supplier performance.
- Ensure performance improvement and recovery plans are developed, issued, tracked and reported on as required for supply base management and improvement.
- Negotiate and execute purchase orders or vendor contracts as needed to support the critical business needs.
- Manage material flow to ensure inventory is maintained to the optimum level to support on time customer deliveries while keeping inventory holdings at the appropriate levels.
- Tactically execute commodity/supply chain strategies covering all commodities, services and supplier processes throughout to deliver maximum value, leverage, and standardization.
- Develops an overall vendor base which creates and sustains a competitive advantage, utilizing global market exploitation, leveraging spend, and leveraging of technologies.
- Provides sourcing support to New Program Teams as required to meet target costs and establish program cost models.
- Manages materials savings initiatives in line with profit plan and overall business objectives.
Job Knowledge, Skills & Abilities:
- Review purchase orders electronically for all raw materials or finished goods and outside services
- Establish and implement purchasing strategies, policies, and procedures
- Collaborate with Plant Management to establish inventory safety stock levels, reorder amounts, and lead times for all raw materials and finished goods
- Collaborate with Commodity Management and Engineering to source new and alternative raw material
- Collaborate with Product Management to source new and alternative purchased finished goods
- Establish, build, and maintain relationships with all key suppliers
- Negotiate pricing, contracts, and payment terms with suppliers
- Review and resolve any discrepancies with supplier invoices, grievances, claims, conflicts, product non-conformance or quality issues
- Prepare and maintain supplier evaluation forms and Supply Position Risk Assessments
- Manage J.I.T and rush sourcing
- Provide raw material and finished goods projections to key suppliers to ensure product availability on a timely basis
- Evaluate all purchase orders to ensure that order quantities are the most cost effective possible for material and freight costs
- Provide Accounting Department with periodic raw material and finished goods material costs to assist in maintaining product costing, and projected raw material and finished goods costs for annual price meetings
- Arrange supplier meetings with appropriate personnel to review and resolve any problems or issues as needed
- Communicate all pertinent issues and concerns regarding suppliers, raw materials, and finished goods to all appropriate Supervisors, Managers, and Product Managers.
- Knowledge of ISO 9001/AS9100- Purchasing Requirements
- Knowledge of environmental Regulatory requirements such as RoHS, REACH & Prop 65
- Support & Sustain Company's Counterfeit Risk Mitigation Program
- Familiar with The International Traffic in Arms Regulations (ITAR)
- Monitor Supplier Performance -Key Metrics
Experience/Education:
- 7-10 years progressive experience in Purchasing & Sourcing with extensive experience in the manufacturing industry, preferably in a tactical and strategic setting in a mid to large-size organization.
- Good understanding of electronics components and associated commodities.
- Solid track record meeting substantial material cost reduction targets
- Bachelor's degree in Purchasing, Production/Operations Management, or Engineering or equivalent business experience.
- NAPM (A.P.P. C.P.M.) or APICS (CPIM, CIRM) certification or MBA preferred
- Strong computer skills, ideally with experience using Windows-based PC programs.
- Ability to coordinate multiple group efforts within the company to achieve objectives.
- Excellent written and verbal communication skills.
- Excellent organizational and problem-solving skills.
- Ability to handle multiple tasks, with awareness of deadlines.
- Ability to identify processes needing improvement, and to recommend improvements.
Due to ITAR and / or CUI compliance, this position requires candidates to be a U.S. Citizen.
Benefits Offered: Comprehensive benefit package including medical, dental and vision coverage; company-paid basic life/AD&D insurance, short-term and long-term disability insurance; voluntary supplemental insurances, flexible spending accounts and employee assistance program (EAP). Sick Leave, Vacation Time, and company-paid Holidays are also provided as paid time off. NEOTech also provides a 401(k) Retirement Savings Plan option with a company match.
NEOTech is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran status, or any other characteristic protected by applicable federal, state, or local law.
NEOTech has a long-standing commitment to maintaining a safe, quality-oriented and productive work environment. We also want all employees to perform their duties safely and efficiently, in a manner that protects their interests and those of their co-workers. We recognize that alcohol and drug abuse pose a threat to the health and safety of NEOTech employees and to the security of the Company's equipment and facilities. For these reasons, NEOTech is committed to the elimination of drug and alcohol use and abuse in the workplace. Candidates being considered for hire must pass a pre-employment background check and drug test which include screening for illegal drugs and marijuana.