Purchasing Manager at Magnetic Technologies Corporation

Posted in Other 13 days ago.

Location: Marietta, Ohio





Job Description:
Magnetic Technologies Corporation

Job purpose - Responsible for planning, coordinating, and performing purchasing activities, ensuring products purchased meet the organization's needs with ethics and in a compliant manner.

Duties and responsibilities

  • Develop, lead and execute lean purchasing strategies.
  • Track and report key functional metrics to reduce expenses, improve inventory turns, reduce working capital and improve effectiveness.
  • Craft negotiation strategies and close deals with optimal terms.
  • Perform cost and scenario analysis (including international landed cost), and benchmarking.
  • Assess, manage and mitigate risks and adhere to US import regulations.
  • Seek and partner with reliable vendors and suppliers.
  • Manage obsolete and slow-moving stock to help offset losses.
  • Develop new supply sources where current suppliers are inadequate.
  • Determine appropriate quantity and timing of deliveries.
  • Monitor and forecast upcoming levels of demand.
  • Maintain a supplier base of the highest quality.
  • Maintain records of goods ordered and received.
  • Direct supplier and customer interaction.
  • Early project involvement and planning.
  • Manage the company’s day-to-day purchasing activities
  • Interaction with other departments/facilities.
  • Control purchasing department budgets.
  • Comply with safety and corporate guidelines on business ethics.
  • Follow environmental safety and international trade regulations and acts in compliance with U.S. laws.
  • Other duties as assigned

Qualifications

  • Bachelor’s degree in supply chain management, logistics, or business administration preferred.
  • Import/exporting knowledge preferred.
  • Management: ability to organize and manage multiple priorities.
  • Experience: 5+ years’ experience in the procurement of materials/equipment/supplies and the development and review of contracts.
  • Computer proficiency: strong skills in various PC applications
  • Excellent and effective interpersonal, communication and negotiation skills.

Working conditions

  • Sedentary Office Environment
  • May be exposed to industrial oils, toner, coolants, solvents, lubricants, adhesive and other chemicals. NOTE: All safety precautions will be used.
  • Plant wide climate control and air conditioning
  • Could work in areas with excessive noise. NOTE: Ear protection available.

Physical requirements

  • Could require intermittent and long periods of sitting and/or standing.
  • Required to do repetitive work.
  • Periodic lifting of materials not to exceed 50 pounds.

Direct reports

Yes

Arnold Magnetic Technologies is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic. Minority/Female/Sexual Orientation/General Identity/Disability/Veteran




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PI239746915


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