Purchasing Manager

RICHARD WOLF MEDICAL INSTRUMENTS CORPORATION

$80K — $110K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field required.
  • 5+ years of managerial experience in Purchasing, including strategic development and operations.
  • Advanced negotiation skills with proven success in cost savings and contract terms.
  • Experience in fostering strategic relationships with vendors and stakeholders.
  • 3+ years in team leadership, capable of motivating and developing a diverse team.
  • Preferred experience with FDA regulations and ISO 13485:2016 standards.
  • Proficiency in SAP and advanced PC skills (MS Office).
  • Fluency in English & German preferred.

Responsibilities

  • Manage the Purchasing team and oversee daily transactions and US Customs reporting.
  • Generate RFPs and process vendor quotes based on internal inquiries and SAP requisitions.
  • Establish processes to address SAP MRP exception reports proactively.
  • Negotiate discrepancies in vendor order acknowledgements with relevant stakeholders.
  • Conduct vendor performance analysis and make recommendations for optimization.
  • Collaborate with the Supply Chain Manager on Minimum Order Quantities (MOQ) decisions.
  • Manage inbound Freight-Forwarders and ensure compliance with service standards.

Benefits

  • 401(k) Retirement Savings Plan with Company Match.
  • Medical, Dental, and Vision Coverage.
  • Company-Paid Life & Disability Insurance.
  • Paid Time Off and Paid Parental Leave.
  • Flexible Work Options including Telecommuting and Flexible Schedules.
  • Tuition Reimbursement for Continuing Education.
  • Wellness Program and Flexible Spending Accounts (FSAs).
Full Job Description
Position Type: Direct Hire
Shift/Hours: 1st shift
Location: Vernon Hills, IL

Responsible for proactively managing the Purchasing team, and overseeing all day-to-day Purchasing transactions, US Customs information and reporting. Determines purchasing strategies that are in line with the Global and local business strategies to ensure timely and cost-efficient supply of all goods, components, materials, etc., requested qualities, either from company sources or third-party sources.

REQUIREMENTS AND RESPONSIBILITIES:
  • In conjunction with the purchasing team, the Purchasing Manager will perform daily, weekly and monthly purchasing tasks including but not limited to:
    • Process for generation of RFPs based upon inquiries from in-house departments and obtains and processes vendor quotations.
    • Preparation and issuance of purchase orders based upon approved purchase requisitions received from in-house departments and based on SAP MRP requisitions.
    • Establish a process to ensure that proactive actions are taken to address all SAP MRP exception reports.
    • Receipt and review of vendor order acknowledgements. Ensures that vendor order acknowledgement conforms to RWMIC purchase order, volumes, delivery time and product/service quality. Negotiates and resolves any discrepancies proactively, informing all internal stakeholders frequently.
  • Participates in the make or buy decisions for components and gives recommendations.
  • Proactively runs vendor analysis, constantly seeking for optimized vendor portfolio and makes recommendations for new vendors, aligns with internal key stakeholders. Performs a thorough due diligence of pre-selected vendors. Completes vendor site audits as required.
  • Continuously monitors the supply base and external events to proactively address and correct potential issues and avoid any supply disruptions.
  • Works closely with the Supply Chain Manager in determining Minimum Order Quantities (MOQ) and contributes to weekly SIOP Meetings.
  • Establishes Terms and Conditions (T&C's) for vendors and suppliers and aligns those with the Head of Finance.
  • Conducts preliminary negotiations with different vendors regarding the best possible price, quality requirements, payment terms and delivery.
  • Works with in-house departments for comparative vendor sourcing, if feasible.
  • Responsible for definition, actualization of purchasing processes in alignment with company policies and key stakeholders.
  • Manages inbound Freight-Forwarder companies, their performances and compliances with our requirements. Ensures proper alignment with colleagues from GmbH to guarantee smooth operation and transparent communication, especially in cases of urgent needs/deliveries, strives for constant optimization of service and conditions.
  • Reviews supplier contracts for conformance with company policies and maintains active vendor contract files; all agreements - Master Purchase Agreements, Service Level Agreements, and other applicable agreements.
  • Maintains and updates a contract matrix, which allows to have an overview of contract type, contract due dates, list of involved stakeholders with the objective to prepare in a timely manner for upcoming contract renegotiations.
  • Builds and maintains professional stakeholder management/communication with vendors at all times.
  • Conducts regular on-site visits at key vendors together with members from the QA/QC team.
  • Works closely with materials management and quality departments to quickly resolve any discrepancies in quantity or quality received from vendors.
  • Prevents and resolves vendor issues, seeks (internal and external) legal support as needed.
  • Personnel management duties for the Purchasing team including but not limited to hiring, staffing, performance management, training and career development, ensures proper backup options in absence of personnel.
  • Promotes and models RWMIC Core Values in all interactions and responsibilities.


ADDITIONAL RESPONSIBILITIES:
  • Delivers highest degree of ethics in receiving and passing on vendor "incentives", following guidelines and policies of Richard Wolf.
  • SAP Key User for Purchasing related processes. Develops SAP training documents and trains Buyers on SAP Purchasing related topics.
  • Prepares monthly KPI's and reports on purchasing activities for the Supply Chain Manager.
  • Responsible for all Purchasing department record-keeping, including the occasional destruction of records per Company policies.
  • Develops, implements, and maintains Purchasing targets as well as short and long-term range budget planning. Develops and implements projects and programs to ensure efficient and accurate functioning of the Purchasing department.
  • Establishes strong work relationships with Headquarters/GmbH in Germany, striving for continued business optimization, modernization, and continued digitalization.
  • Aware of and complies with the RWMIC Quality Manual and regulations & requirements as they apply to this job type/position.
  • Completes all planned Quality & Compliance training within the defined deadlines.
  • Other duties as assigned by the Supply Chain Manager.


QUALIFICATIONS:
  • B.S. or B.A. in a related field required.
  • Minimum of five years managerial experience in Purchasing is required, including experience in development purchasing strategies, as well as the operational part.
  • Advanced negotiation skills with a proven track record of achieving cost savings, favorable contract terms, and successful risk mitigation.
  • Experience in establishing and maintaining or enhancing strategic relationships.
  • Minimum of 3 years of team leadership, with the ability to motivate, inspire, and develop a diverse team.
  • Experience with the FDA and ISO 13485:2016 highly preferred.
  • Excellent interpersonal and communication skills, with the ability to collaborate effectively with cross-functional teams at all levels. Proficiency in both verbal and written English & German languages.
  • Advanced PC skills (MS Office suite of products) required.
  • Proficiency in SAP required.
  • Experience with and understanding of multi-cultural and multi-generational differences and the ability to work within this environment is crucial for successful employment.
  • The following physical demands are required:
    • Stand/Sit/Walk 8 hours per day
  • All RWMIC Employees have the responsibility to themselves and the company to work safely.



We are proud to offer a competitive pay structure along with a well-rounded benefits package designed to support our employees' career growth, health, and work-life balance. Our benefits include:
  • 401(k) Retirement Savings Plan with Company Match
  • Medical, Dental, and Vision Coverage
  • Company-Paid Life & Disability Insurance
  • Paid Time Off and Paid Parental Leave
  • Flexible Work Options - Telecommuting and Flexible Schedules
  • Tuition Reimbursement for Continuing Education
  • Wellness Program and Flexible Spending Accounts (FSAs)


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