Instrumentation Laboratory Company

Procurement Manager

Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BS degree in related field or equivalent; MBA with five years experience preferred
  • Minimum 7 years in materials management or 5 years with MBA
  • APICS certification preferred

Responsibilities

  • Plan and execute procurement activities for production materials
  • Direct and manage teams of buyers and expediters
  • Ensure timely availability and inventory levels of materials
  • Monitor and assess supplier performance
  • Review and approve purchasing decisions
  • Engage in negotiation of significant contracts
  • Develop policies and procedures for efficient procurement

Benefits

  • Commitment to professional development and constant learning
  • Supportive and innovative work environment
  • Opportunity for international exposure through company operations
Full Job Description
Overview

Position Summary:

The Procurement Manager is responsible for the tactical and strategic execution of procurement activities at the site level. This role oversees a team of buyers and ensures the timely sourcing of raw materials, components, and finished goods required to support production and business continuity. The Procurement Manager serves as the primary liaison with key suppliers, ensuring alignment on quality, delivery, pricing, and performance expectations, while driving continuous improvement and risk mitigation within the supply base.

Responsibilities

Key Accountabilities

Essential Functions:
  • Plans and implements activities related to the procurement of materials, parts, components, and equipment for production use.
  • Directs the activities of buyers and expediters to accomplish company objectives.
  • Ensures the availability of materials in the supply chain, as scheduled, and the maintenance of inventory at desired levels.
  • Monitors supplier performance.
  • Reviews and approves purchases as approved by management.
  • May participate in negotiation of major contracts involving large dollar amounts.
  • Develops and or modifies policies and procedures for the operation of procurement activities.
  • Monitors the cost, schedule and performance aspects of suppliers.
  • Monitors change order executions and necessary dispositions.
  • Active role in purchasing activities with engineering and manufacturing departments to maintain inventories at planned levels.
  • Selects, develops, and evaluates personnel to ensure the efficient operation of the function.
  • As needed presence at suppliers to assess and ensure compliance and stability.
  • Success measured by supplier quality performance, on time delivery performance of suppliers, and efficient change orders

Budget managed (if applicable):
  • N/A

Internal Networking/Key Relationships:
  • To be determined based on department needs

Skills & Capabilities:
  • Conflict management
  • Timely decision making
  • Business acumen


Qualifications

Minimum Knowledge & Experience Required for the Position:
  • BS degree, or equivalent, with minimum 7 years of materials management experience, or MBA, with five years of experience.
  • APICS certification preferred.

nternational Mobility: Required:
  • No

Travel Requirements:

    The annual salary range Werfen reasonably expects to pay for the position is $130,000 to $155,000. Compensation is reasonably based upon multiple factors including education, relevant experience, skillset, knowledge, and specific needs of the business.

    About Instrumentation Laboratory Company

    Instrumentation Laboratory Company (IL) is a global leader in the development, manufacturing and distribution of diagnostic solutions for Acute Care Diagnostics, with a focus on Critical Care and Hemostasis testing. Our success comes from a specific focus in these rapidly evolving diagnostic areas, our commitment to customers, and our dedication to innovation and quality. IL develops, manufactures and distributes diagnostic solutions including: critical care systems, hemostasis systems and information management systems. IL's products are used in hospitals around the world, including large hospital systems, independent hospitals and clinics, and reference laboratories. IL is headquartered in Bedford, Massachusetts, and has operations in Europe, the Middle East, Africa, Asia-Pacific, and Latin America.
    Learn more about Instrumentation Laboratory Company
    Size
    1,000 employees
    Industry
    Net Income
    $50 million
    5 Year Trend
    +5%
    Revenue
    $500 million

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