Purchasing Manager Fearless Innovative Food Company, LLC New Albany, IN Job Details Full-time $90,000 - $120,000 a year 19 hours ago Benefits Health insurance Dental insurance Paid time off Vision insurance Life insurance Qualifications Professional networking Finance Supply chain Research Bachelor's degree Contracts Process management Full Job Description Job Summary Manage the company's procurement and supply of direct materials, products, and services to meet scheduled production and operational needs. Develop beneficial sourcing strategies, maintain appropriate inventory levels, ensure quality and affordability, negotiate supplier agreements for maximum value, and reduce total procurement costs. Reports to Director of Business Development. Performance Dimensions and Tasks Time Spent (%) 1. Inventory Management (40%) Manage inventory levels of direct materials, including ingredients and packaging, to ensure adequate supplies to meet production schedules while minimizing aggregate inventory dollars and maximizing inventory turns. Maintain inventory of designated consumable manufacturing supplies, including gloves, hair and beard nets, disposable smocks, and other required items. Manage the purchasing and inventory hold process and make appropriate inventory adjustments for raw materials placed on hold. Use inventory levels, production schedules, usage history, forecasts, and other available information to anticipate requirements and prevent shortages or excess inventory. 2. Purchasing Systems and Documentation (30%) Purchase direct materials, maintenance, repair and operating (MRO) supplies, and other products or services as required or requested through approved requisitions. Ensure purchase orders are placed in a documentable manner with approved suppliers and contain complete and accurate information. Monitor open orders and adjust delivery dates and quantities as needed. Effectively utilize the company's ERP, inventory management, accounting, reporting, spreadsheet, and related software systems to support purchasing activities and data accuracy. 3. Strategic Sourcing and Supplier Management (10%) Identify, research, evaluate, and qualify potential suppliers based on quality, service, capability, cost, and supply requirements. Analyze sourcing alternatives and develop beneficial sourcing strategies. Negotiate pricing, terms, supplier agreements, and contracts to achieve the best overall value for the company. Develop and maintain strong relationships with strategic supply partners and maintain consistent communication with suppliers. Work with Quality and Operations to address supplier issues, coordinate corrective actions, and ensure required documentation is provided. Ensure appropriate credits or other resolution are received for defective or nonconforming materials and identify alternate sources when needed to reduce supply risk. 4. Communication and Logistics (5%) Coordinate with Finance, Accounting, Operations, Quality, Distribution, receiving personnel, and outside warehouses to schedule and forecast procurement needs. Follow up on purchases to ensure deliveries are made as ordered and communicate changes, delays, or supply concerns to appropriate stakeholders. Coordinate inbound logistics and consolidate shipments when practical to minimize freight costs while supporting production requirements. Maintain effective communication through phone, email, meetings, video calls, and other appropriate communication tools. 5. Cost Management and Market Knowledge (5%) Monitor company purchases and procurement expenses to support budget and quality guidelines. Analyze market conditions, supplier capabilities, pricing trends, availability, industry developments, and the supply base to support purchasing and sourcing decisions. Use market knowledge and financial analysis to identify cost-saving opportunities, support negotiations, manage supply risk, and contribute to departmental cost-reduction goals. Track purchasing activity and identify opportunities to improve total procurement value, including product cost, freight, service, quality, and other relevant factors. 6. Process Improvement and Systems Utilization (10%) Develop a thorough understanding of current purchasing, procurement, inventory, receiving, documentation, and related workflows before recommending changes. Champion continuous process improvement by identifying opportunities to increase efficiency, accuracy, visibility, consistency, and internal controls. Utilize the company's ERP, inventory management, accounting, reporting, and other available software and technology as primary tools for improving and streamlining processes rather than relying on unnecessary manual workarounds. Create, maintain, and update procedures and documentation to support approved process improvements, system utilization, and consistent execution across applicable functions.

Pay:

$90,000.00 - $120,000.00 per year

Benefits:

Dental insurance Health insurance Life insurance Paid time off Vision insurance

Education:

Bachelor's (Preferred)

Experience:

relevant: 2 years (Preferred)

Work Location:

In person