Procurement Director - Manufacturing

Job DescriptionJob Description

This role will lead all procurement functions and strategy including direct/indirect reports. The individual should be hands-on and have operations knowledge of inventory management, production planning, and demand/supply forecasting. Additionally, the role entails tactical oversight of developing and implementing policies, procedures, and systems that facilitate the acquisition of raw materials with a focus on achieving cost savings and driving strategic initiatives. The candidate will spearhead major projects and collaborate across departments to enhance supply chain improvement.

Responsibilities:

• Oversee the procurement of raw materials, packaging, and related inventories to fulfill customer demand while managing costs.
• Align demand with supply, meeting targets for cost, schedule, quality, and performance.
• Negotiate and finalize beneficial contracts, ensuring alternative vendors for essential materials.
• Address supply challenges by clearly identifying issues, assessing critical levels, and proposing solutions to ensure compliance with customer requirements.
• Hold suppliers accountable for their performance while nurturing important relationships.
• Leverage customer insights, market trends, purchasing behaviors, sales data, and competitive analysis to collaborate with other departments.
• Regularly analyze and review supplier options and pricing to manage costs effectively.
• Evaluate supplier capabilities to qualify new sources and assist in resolving production, design, quality, or delivery issues.
• Support new business projects by engaging suppliers to clarify cost and design implications.
• Collaborate cross-functionally to facilitate the commercialization of new products.
• Conduct cost analysis and establish benchmarks for improvements in pricing, freight, service, reliability, and quality.
• Develop and implement a hedging strategy to mitigate risks related to commodities.
• Oversee aging inventory management, proactively communicate about idle materials, and escalate risks. Assist the warehouse team with cycle counts and inventory assessments.
• Lead projects focused on technology and process improvements to enhance procurement efficiency and effectiveness.

Qualifications:

• Four-year educational degree.
• Minimum of 10 years of progressive experience in procurement/commodities.
• Experience in food manufacturing.
• Supply planning and inventory management experience.
• Excellent analytical and computer skills, including experience with ERP systems and proficiency in Microsoft Office.

Company DescriptionCEO Inc. is an award-winning, full-service search firm that centers on people and is committed to finding the right fit for our candidates and clients alike. For over 25 years CEO Inc. has successfully placed top professionals in Engineering, and Production roles within the manufacturing industry at both top-tier and growing companies.Company DescriptionCEO Inc. is an award-winning, full-service search firm that centers on people and is committed to finding the right fit for our candidates and clients alike. For over 25 years CEO Inc. has successfully placed top professionals in Engineering, and Production roles within the manufacturing industry at both top-tier and growing companies.

Location: Norridge, IL, US

Posted Date: 10/31/2024