Purchasing Buyer - Inventory Replenishment

Panelmatic, Inc. was founded in 1957 in Youngstown, OH to serve manufacturing industries with the design and build of custom electrical, instrument, and pneumatic control panels. We have produced control packages for many of America's top corporations in the chemical, environmental, food, pulp and paper, rubber, petroleum, pharmaceutical, glass, metals, and utilities industries. We also deliver equipment for use worldwide. Our rigorous methodology ensures compliance with domestic and international standards. We can meet the needs of our diverse clientele from start to finish through sales, design, fabrication, testing, and delivery.

Since 1957, we have been known for our high-quality, custom-built control packages, our comprehensive service, and our technological and manufacturing expertise. Responsible for the procurement of parts and materials, supplies and equipment for production and maintaining stock inventory. Completes and maintains related purchase orders and reports, performs expedite and de-expedite activities as required to maintain production schedule and promote positive cash flow. Monitors inventory levels and coordinates with departments to ensure that operations are smooth and uninterrupted. Locates, compares, negotiates part deliveries and prices with suppliers. Purchase the highest quality material at the lowest possible price and in the correct amounts.

Monitors ideal inventory levels; reorders and purchases items needed for inventory replenishment to ensure on-time delivery while maximizing turns and minimizing carrying cost.

Reviews order acknowledgments for item, cost and delivery date accuracy and updates the system, as well as notifying PMs and/or manufacturing of updates as necessary.

Expedites (or de-expedites) the delivery of purchases as necessary.

Monitor shipments to ensure that materials come in on time, and in the event of problems will trace shipments and follow up on undelivered material.

Sources and provides material costs and availability to estimating, sales and engineering teams for potential new business opportunities and/or change orders.

Provides recommendations regarding materials to other functional groups to drive toward cost savings and/or improved product availability.

Performing day-to-day administrative tasks such as compiling, coding, categorizing, calculating, auditing or verifying information or data, and maintaining information files and processing paperwork.

Assists in annual physical inventory activities and/or cycle counting as required.

Bachelor’s degree in business, or a related field or equivalent combination of education and experience required

Ten-plus years of experience in materials management required

Ten-plus years of experience using an ERP system to efficiently plan and procure material required

Experience with material expediting and implementing solutions to short-term and long-term supply issues required

Medical, dental, vision, HSA, term life, AD&D, STD, LTD

• 100% medical premium paid for by Panelmatic for the employee-only level medical coverage
• 80% paid for by Panelmatic and 20% paid for by the employee on all other level medical coverage (ie employee plus child, employee plus spouse, family)
• Scholarships, educational reimbursement, paid volunteerism, and paid personal and professional development provided
• PTO and paid holidays provided