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Procurement Manager

Job in Northern, Floyd County, Kentucky, USA
Listing for: Prescott's Group
Full Time position
Listed on 2026-09-20
Job specializations:
  • Supply Chain/Logistics
    Procurement / Purchasing, Supply Chain & Logistics, Logistics Coordination
Salary/Wage Range or Industry Benchmark: 110000 - 180000 USD Yearly USD 110000.00 180000.00 YEAR
Job Description & How to Apply Below

Join the team at Prescott’s, Inc. — where quality meets care.

Prescott's is seeking an experienced Procurement Manager to own total company purchasing across our medical equipment service, repair, and refurbishment operations. In this position, you will build and lead the procurement function that keeps our depot and field service teams supplied — from OEM and secondary-market service parts, components, and whole-unit acquisitions to the indirect spend that runs the business, including freight and logistics, outsourced repair and calibration, MRO, facilities, and capital equipment.

Service parts availability is directly tied to repair turnaround time, first-time-fix rate, and the uptime we promise our customers, so this role carries real operational weight. You will set stocking and obsolescence strategy for a broad and aging installed base, develop and qualify suppliers under our ISO 13485 quality system, negotiate agreements that lower total cost of ownership, and lead a team of buyers and planners.

Success in this position requires strong analytical and negotiation skills, working knowledge of regulated medical device purchasing controls, comfort with international sourcing and trade compliance, and the judgment to balance cost against continuity of supply.

The location for this position is Monument, CO.

Responsibilities
  • Own total company procurement spend across direct materials (service parts, components, subassemblies and consumables) and indirect categories (freight and logistics, outsourced repair and calibration, MRO, facilities, IT, and capital equipment).
  • Develop and execute category strategies — including make, buy, repair, and harvest decisions — that reduce total cost of ownership while protecting equipment uptime and service commitments to customers.
  • Build the annual procurement plan and savings pipeline; report realized savings, cost avoidance, purchase price variance, and supplier performance to leadership on a defined cadence.
  • Set service parts stocking strategy — critical parts lists, min/max levels, safety stock, and reorder points — to meet published repair turnaround time (TAT) and first-time-fix targets across depot and field service.
  • Manage part obsolescence and end-of-life risk on legacy and discontinued platforms, including last-time-buy decisions, alternate source qualification, and harvesting of usable components from decommissioned units.
  • Partner with Service Operations on demand planning and forecasting driven by installed base, preventive maintenance schedules, service contract commitments, and historical failure rates.
  • Drive inventory health across all service locations: turns, aging, excess and obsolete (E&O) exposure, cycle count accuracy, and consignment or vendor-managed inventory arrangements where advantageous.
  • Scout, evaluate, and onboard new domestic and international suppliers — OEMs, authorized distributors, secondary-market brokers, contract manufacturers, and repair vendors — to expand capacity, improve lead times, and reduce single-source exposure.
  • Lead RFI, RFQ, and RFP events; negotiate pricing, payment terms, lead times, warranty provisions, and long-term supply agreements, and execute contracts within delegated authority.
  • Maintain a supplier scorecard program measuring on-time delivery, quality and defect rate, price competitiveness, and responsiveness; hold formal business reviews with strategic suppliers.
  • Qualify secondary and alternate sources for critical and single-sourced parts, and maintain documented continuity-of-supply and risk mitigation plans.
  • Own the purchasing controls process within the company quality management system, ensuring supplier evaluation, selection, approval, monitoring, and re-evaluation satisfy ISO 13485:2016 Clause 7.4…
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