Inventory Purchasing Manager

Inventory Purchasing Manager

Location: Philadelphia, PA Work Schedule: Fully Onsite Compensation: $110,000 - $125,000 annually

Key Responsibilities

• Oversee daily purchasing and inventory management activities to ensure raw materials, components, and supplies are available to meet production and operational requirements.
• Develop and execute procurement strategies that balance cost, quality, delivery, and supplier performance.
• Monitor inventory levels, reorder points, safety stock, and lead times to reduce stockouts and excess inventory.
• Analyze purchasing trends, usage patterns, and forecasts to support accurate inventory planning and cost control.
• Manage supplier relationships, including sourcing, contract negotiation, pricing discussions, and performance reviews.
• Partner with production, planning, and operations teams to align purchasing activity with manufacturing schedules and customer demand.
• Review and approve purchase orders, vendor agreements, and inventory adjustments.
• Track key performance indicators such as inventory turns, fill rates, supplier on-time delivery, purchase price variance, and material availability.
• Identify opportunities for process improvement within procurement and inventory workflows to increase efficiency and accuracy.
• Ensure compliance with internal controls, company policies, and applicable purchasing procedures.
• Lead cycle count processes, inventory reconciliation efforts, and support month-end or year-end reporting requirements.
• Supervise and mentor purchasing or inventory team members as needed.

Qualifications

• Bachelor's degree in Supply Chain, Business, Operations, Logistics, or a related field preferred.
• 5+ years of experience in purchasing, procurement, inventory management, or supply chain within a manufacturing environment.
• Prior leadership or supervisory experience preferred.
• Strong knowledge of inventory control principles, purchasing processes, and vendor management.
• Experience working with ERP or inventory management systems.
• Advanced Excel skills and strong data analysis capabilities.
• Proven negotiation and supplier relationship management skills.
• Ability to work in a fast-paced, onsite manufacturing setting and manage multiple priorities effectively.
• Strong communication, organization, and problem-solving skills.

Preferred Experience

• Experience with demand planning, forecasting, and material requirements planning.
• Familiarity with lean inventory practices and continuous improvement initiatives.
• Background supporting production scheduling and cross-functional supply chain operations.
• Experience developing purchasing metrics and inventory reporting for leadership review.

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Military connected talent encouraged to apply