PURCHASING MANAGER
Signicast
Signicast is the industry's leading investment casting manufacturer. Through the hard work and dedication of our employees, we satisfy our customer's needs by safely delivering a quality product on-time, at a competitive price. Working at Signicast means becoming part of a world-class company. With industry-leading Total Rewards package and the potential to grow your career with us. Signicast doesn't just invest in you- we help you invest in a future!
JOB PURPOSE AND REPORTING STRUCTURE:Under the direction of the VP - Finance and Administration, the Purchasing Manager is responsible for leading the purchasing function, supporting manufacturing operations, and driving strategic sourcing, supplier performance, cost reduction, working capital improvement, and supply chain risk mitigation initiatives. This role is accountable for developing and executing sourcing and supplier management strategies that support the organization's safety, quality, delivery, cash flow, growth, and margin expansion objectives, while building, developing, and leading a high-performing purchasing team capable of supporting the company's current and future growth. ESSENTIAL DUTIES AND RESPONSIBILITIES:
This list of duties and responsibilities is not all-inclusive and may be expanded from time to time to include other duties and responsibilities, as management may deem necessary.
• Acts as a safety leader and puts safety first in all responsibilities. Works in conjunction with the EHS Manager to establish and maintain all policies and programs to assure a safe working environment. Complies with all safety and health guidelines.
• Responsible for meeting or exceeding company performance metrics for driving improvement and making well informed decisions for manufacturing activities, resource allocation and strategic planning.
• Continue to own and develop the purchasing organizational structure to support operations and overall company initiatives. Plan should support current and future growth of the organization and accomplishes objectives.
• Enhance / modify the supplier management program and metrics for the selection and ongoing supplier management and accountability.
• Assign specific Suppliers to appropriate purchasing team member to develop and maintain relationships. Develop strategic purchasing in appropriate areas of the department.
• Develop / maintain appropriate procedures and practices within the Purchasing area to comply with various quality standards, such as IATF 16949, ISO 9001, AS9100D, ISO 13485.
• Adhere to CAR process- and refine as needed.
• Review pricing / quoting process to ensure best in business practice philosophies are maintained, including approvals and communication to internal stakeholders of significant changes (i.e., increases).
• Partner with other departments to coordinate the purchasing of capital equipment
• Manage and coordinate various services related to vending, cleaning, snow removal, landscaping, and other functions.
• Lead cross-functional cost reduction and margin improvement initiatives with suppliers, Purchasing, Process Engineering, and Operations, delivering measurable savings through strategic sourcing, supplier negotiations, value engineering, and operational efficiencies.
• Develop metrics for measuring cost reductions and communicate them to the organization on a regular basis.
• Provide support in development of overall company budget (purchasing department budget plus incorporating cost savings initiatives into overall budget).
• Develop strategy to manage the supply base, including primary and secondary sources, plans for contingencies, ownership, assessment of existing suppliers and ongoing suppliers
• Review lead times / throughput times and terms of payment; improve with supplier where appropriate.
• Work with other leaders to help manage and minimize inventory levels, including raw materials, repair / supply inventory, and inventory at the outside warehouse.
• Drive and support continuous improvement initiatives in the organization. Actively participate in the part of process to review / assess value streams to reduce waste and improve profitability and productivity.
• Supervisory Responsibilities - for direct reports in Purchasing team. Evaluates employee performance, sets expectations and goals for department and individuals, and helps develop the team. QUALIFICATION REQUIREMENTS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION AND/OR EXPERIENCE:
Requires a bachelor's degree in Supply Chain Management / Logistics, Business Administration or Operations Management or comparable field from a four-year college or university and 7 to 10 years in management of materials and sourcing within a manufacturing environment; and or equivalent combination of education and experience. COMMUNICATION SKILLS:
Must be able to effectively communicate (both oral and written) with other employees, suppliers and vendors to share information, solves problems, and instructs or train lesser skilled employees. Must have the ability to read and interpret complex documents, contracts and correspondence. Must be able to write standard reports and documentation. Proven strong negotiations skills required. MATHEMATICAL SKILLS:
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
REASONING ABILITY:
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
OTHER SKILLS AND ABILITIES:
Requires the ability to operate various equipment to include computer. Requires a broad knowledge of general manufacturing practices. Should be knowledgeable and/or familiar with applicable quality system requirements and policies. A full job description is available upon request. Benefits: Our Total Rewards program offers world class benefits for this full-time position:
- Medical Insurance-PPO & HDHP HSA within 61 days of your start date
- Dental & Vision insurance
- Wellness Program
- Life Insurance
- Short-term & Long Term disability
- Paid vacations plus 10 paid Holidays
- Quarterly Performance Bonus
- 401k Matching up to 5.5%
- Tuition Reimbursement
- On-site Fitness center (Hartford & Brown Deer Only)
- On-site Chiropractor (Hartford Only)
Vacancy posted 3 days ago
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