Procurement Manager
Schunk Carbon Technology
Procurement Manager
The Opportunity
Do you want to shape the future of our procurement department by driving strategic innovation and fostering a culture of ownership? Join Schunk Carbon Technology as our Procurement Manager ! In this dynamic role, you’ll transform Procurement from a transactional cost center into a competitive advantage by managing the entire sourcing, negotiation, and supplier relationship lifecycle. Be a driving force in our success story!
The Company
Schunk Carbon Technology is a manufacturer of electrical assemblies and components used in a wide variety of electrical and mechanical applications. We are in Menomonee Falls and have over 95 employees. Although we operate independently, we are part of the Schunk Group, a worldwide, privately held company headquartered in Germany, with over 1.8 billion in sales annually and diverse operations in 26 different countries.
Key Responsibilities
Procurement Strategy & Planning
- Develop, implement, and maintain both long term and short-term procurement strategies.
- Monitoring purchasing patterns and key performance indicators (KPIs) to identify cost-saving opportunities.
- Identify opportunities for cost reduction, operational efficiency, and process improvement.
- Ensure procurement initiatives align with organizational priorities and business objectives.
- Conduct market intelligence research to stay ahead of industry trends, pricing shifts, and potential risks.
Supplier & Contract Management
- Evaluate, select, and manage suppliers based on quality, reliability, performance, and cost.
- Negotiate contracts, pricing structures, terms, and service level agreements to support company goals.
- Build and maintain strong, collaborative supplier relationships and ensure alignment with SRM (Supplier Relationship Management) practices.
- Ensure supplier compliance with ISO standards, governmental regulations, and internal purchasing policies.
Inventory & Supply Chain Management
- Monitor inventory levels to ensure product availability while minimizing carrying costs, optimizing our net working capital.
- Forecast material requirements and work with suppliers, production, and logistics to prevent shortages or delays.
- Oversee all aspects of international incoming freight operations, ensuring compliance with customs regulations and timely clearance of shipments.
- Manage relationships with logistics and warehousing partners and implement controls to prevent inventory loss.
Risk Management
- Develop contingency plans for supply chain disruptions, tariff impacts, and material shortages.
- Ensure strong processes exist for contract management, supplier performance, and compliance.
Budgeting & Cost Control
- Develop and manage the procurement department budget and track all procurement expenditures.
- Analyze spend trends, identify cost saving opportunities, and drive total cost reduction initiatives.
- Maintain supplier scorecards and performance metrics to support continuous improvement.
Team Leadership & Development
- Lead, mentor, and develop a team of procurement professionals and buyers.
- Set team goals, KPIs, and performance expectations; provide coaching and feedback.
- Foster a high performance, collaborative, and continuously improving team culture.
- Build training programs to keep the team current on procurement best practices and market trends.
Cross Functional Collaboration
- Work with Production, Engineering, Finance, Quality, Sales and other departments to align procurement activities with operational and budgetary requirements.
- Extend the interaction with the centralized shared services of Schunk group.
- Ensure that procurement supports production schedules and aligns with internal process requirements.
Qualifications
Education & Experience
- Bachelor’s degree in Business, Supply Chain Management, Engineering, or related field: at least 5 years of strategic level experience in a procurement management role.
- Experience with import operations and supply chain management.
Skills & Competencies
- Strong analytical and problem‑solving skills; ability to interpret complex data.
- Result-focused leader with high achievement rate.
- Excellent communication and negotiation skills for vendor management.
- Understanding of manufacturing processes, materials, and key commodities.
- Proficiency in Excel, ERP systems, and CRM platforms. SAP is a plus.
- Strong leadership, communication, and relationship‑building skills.
Benefits and Total Compensation
The company offers a competitive employment package that includes:
- Three formal bonus programs
- Generous PTO plan and paid holidays
- 401(k) plan – 3% of salary company-provided contribution that is paid bi-weekly to your account and 100% vested immediately
- Health, Dental & Vision Insurance and Flex Spending Account Program
- Company-Paid Benefits including Short and Long-Term Disability, Life/AD&D Insurance for you and every family member
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