SummaryThe Purchasing Team Lead will play a pivotal role in leading and managing the procurement team. Responsibilities will include coordinating with suppliers, optimizing inventory levels, and ensuring the timely and cost-effective procurement of fasteners and related components to meet customer demand and company objectives. This role will also be responsible for leading and managing a team of purchasing professionals.
Essential Functions- Lead, mentor, and manage a team of purchasing professionals, providing guidance, support, and training to ensure the team's success and development
- Cultivate and manage strategic relationships with key suppliers, negotiate complex agreements, and resolve critical issues to ensure a robust and reliable supply chain
- Analyze inventory data, trends, and demand patterns to optimize stocking levels, reduce carrying costs, and minimize stock outs
- Oversee the negotiation, execution, and management of high-value contracts and agreements with suppliers, ensuring strict compliance with terms and conditions
- Conduct advanced price analysis, cost modeling, and total cost of ownership assessments to identify opportunities for significant cost savings and value-added services from suppliers
- Collaborate closely with quality teams to ensure that all products meet or excel the required quality standards and specifications
- Stay at the forefront of industry trends, market conditions, and innovations in fasteners and related products, leveraging this knowledge to make highly informed purchasing decisions
- Provide mentorship, guidance, and leadership to other procurement team members, fostering their professional growth and development
- Generate reports on procurement metrics, supplier performance, and cost savings for management
- Contribute to the development and execution of strategic initiatives to enhance the overall efficiency and effectiveness of the procurement function
- Lead and support cost reduction initiatives by identifying opportunities for savings, process improvements, and efficiencies within the procurement function
Knowledge/Skills/Abilities- Proven track record of successful supplier negotiations and cost reductions
- Exceptional negotiation, analytical, and problem-solving skills
- Proficiency in using advanced procurement software, data analytics tools, and Microsoft Office Suite
- Outstanding communication, leadership, and team management abilities
- Basic knowledge of fasteners, materials, industry standards, and market dynamics
- Strong written and verbal communication skills
Required Education and Experience- Bachelor's degree in business, supply chain management, or related field (or equivalent experience)
- 5+ years of progressive experience in a procurement or purchasing role within the fastener distribution industry
Additional Position Information- Location: Brillion, WI OR Remote (on-site / hybrid)
- Benefits: Endries offers a great benefit package including medical, dental, vision, and life insurance, generous paid time off, a company matched 401K plan, and much more. Most benefits are effective on your first day!
