Education:
- Bachelor’s degree in Supply Chain Management, Business Administration, Operations Management, or a related field. Certification (e.g., CPIM, CSCP) is a plus.
- Minimum of 1-3 years of experience in procurement and planning within a manufacturing or industrial environment, preferably in a demand-driven environment.
- Experience in managing the procurement of raw materials, components, and managing stock and make orders.
- Proficiency in ERP and planning software (e.g., SAP, Oracle, MS Dynamics, or similar).
- Strong understanding of inventory management, supply chain processes, and material handling in a production environment.
Skills:
- Strong analytical and problem-solving skills.
- Excellent communication and negotiation abilities.
- Ability to work in a fast-paced, dynamic environment with multiple stakeholders.
- Strong organizational skills with attention to detail.
- Ability to handle multiple priorities and tight deadlines.
- Knowledge of lean manufacturing principles is a plus.
Key Responsibilities
1.Procurement Management:
oProcure raw materials, components, and sub-assemblies in alignment with customer demand(introduce turns KPI?).
oIssue purchase orders (POs) based on material requirements, lead times, and production schedules.
oEstablish and maintain relationships with suppliers, negotiating pricing, terms, and delivery schedules.
oEnsure compliance with company policies and standards in all procurement activities.
oMonitor and manage supplier performance, including on-time delivery, quality, and service levels.
oMaintain purchase part data (lead times, safety stocks) to optimize inventory levels, and prevent shortages and excess stock, while supporting a 15-day lead time target.
2.Material Planning & Inventory Control:
oCoordinate material and product planning to align with production schedules and demand forecasts.
oPlan and manage both stock and make-to-order procurement activities within the product segment.
oEnsure production has the necessary materials daily to maintain 95%+ on-time delivery.
oMaintain accurate part planning records, ensuring optimal stock levels to prevent overstocking or stockouts.oLeverage ERP/MRP systems to track demand, monitor inventory, and adjust plans proactively.
oWork with production teams to ensure materials are available in a timely manner to meet production schedules.
3.Continuous Improvement & Cross-Functional Collaboration:
oCollaborate with production teams to adjust material plans based on changes in production schedules, demand fluctuations, or supply chain disruptions.
oMaintain open communication with suppliers, internal stakeholders, and senior management to aress potential supply chain issues and align on material requirements.
oProvide regular updates to management on procurement and inventory status, including material shortages, potential risks, and actions being taken to resolve issues.
oContinuously monitor and evaluate procurement and inventory planning processes for improvement opportunities.
oImplement best practices and strategies to improve procurement efficiency, reduce material costs, and optimize inventory management targeting a minimum of 1% productivity improvements per quarter.
oStay current with industry trends, market conditions, and emerging technologies to enhance procurement and planning functions.
