Purchasing Manager - On Site Position

Join to apply for the Purchasing Manager - On Site Position role at New River Electrical Corporation

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Join to apply for the Purchasing Manager - On Site Position role at New River Electrical Corporation

New River Electrical Corporation seeks an experienced, results-driven purchasing manager to join our team.

As a purchase manager, you will be responsible for handling the procurement process, sourcing suppliers, and managing vendor relationships to ensure a seamless supply chain and optimize costs. You will also collaborate with cross-functional teams, make strategic decisions and implement best practices within our growing procurement function.

This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market. We offer competitive compensation packages, health benefits and a supportive work environment that fosters learning and professional growth.

Duties/Responsibilities

• Assist the VP of Strategic Sourcing and Procurement in building out a lean and robust sourcing and procurement organization.
• Developing and implementing procurement strategies and policies for cost optimization and enhancing supply chain efficiency.
• Identifying, evaluating and selecting suppliers based on quality, reliability, cost-effectiveness and adherence to ethical and sustainability standards.
• Negotiating contracts and terms with suppliers to ensure favorable pricing, payment terms and mutually beneficial agreements.
• Collaborating with internal stakeholders to understand their requirements and align procurement activities with organizational goals.
• Conducting market research and analysis to stay updated on industry trends, supplier capabilities and pricing fluctuations.
• Managing supplier relationships, including ongoing performance evaluation, issue resolution and fostering long-term partnerships.
• There may be occasional limited travel for off-site meetings, events or other business matters.

Management Tasks

• Manage and lead sourcing and procurement staff.
• Implement procurement systems and tools to streamline processes and enhance efficiency.
• Source and negotiate with potential suppliers, assess their capabilities and evaluate their suitability based on predefined criteria.
• Manage supplier relationships, including regular communication, performance evaluations and issue resolution.
• Collaborate with internal stakeholders to understand their requirements and develop procurement plans accordingly.
• Analyze inventory levels, demand forecasts and consumption patterns to optimize stock levels and reduce carrying costs.
• Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.
• Prepare and present reports on procurement activities, performance metrics and cost savings to higher management.
• Develop and maintain procurement metrics to track performance, identify areas for improvement and report on sourcing effectiveness.
• Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

• Seniority level
  
  Mid-Senior level

• Employment type
  
  Full-time

• Job function
  
  Purchasing and Supply Chain
• Industries Construction

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