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Procurement Manager

Hiring Company Industry: Manufacturing / Electronics
Number of Employees: 100 - 1,000 Employees
Total Compensation: $100K+
Reports to: VP of Procurement
Location: Parsippany, NJ
Position Filled
JOB DESCRIPTION

MAIN FUNCTION:



  • Provide global leadership in such Procurement areas as the design and implementation of commodity strategies, supplier management programs, supply chain management and contract management. 

  • Provide project management leadership on company wide Procurement initiatives

  • Provide escalation management support for PNY/supplier issues


 


QUALIFICATIONS:



  • 5-7 years prior procurement experience, in a multi-location, technology environment

  • 3+ years management experience

  • Bachelor’s degree in a business discipline or equivalent

  • Strong negotiating skills

  • Ability to communicate effectively in English

  • Good supplier contacts within the industry

  • Demonstrated leadership and management skills

  • Ability to function well independently and with all staff levels

  • Strong relationship building and influencing skills


 


KEY RELATIONSHIPS:



  • PNY suppliers

  • PNY Procurement staff

  • Other PNY departments, particularly Sales, Marketing, Operations, Engineering and Finance


 


DUTIES AND RESPONSIBILITIES


                                                                                                                                                                       


To perform this job successfully, the individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


·            Create and implement Procurement strategies that meet PNY’s business model requirements and consider local procurement practices, recommending and leading improvements where appropriate



  • Develop, maintain and manage commodity strategies, by identifying and achieving objectives related to such areas as price targets, supplier performance expectations, supplier qualification criteria, sourcing strategies, cost reductions, supply chain performance and new technology cross over

  • Analyze actual purchases and forecasts, and adjust strategies accordingly

  • Improve business results through effective supplier management and relationships by:


-          Establishing and maintaining the relationships


-          Coordinating and executing supplier assessments and performance review sessions


-          Working with other PNY buyers to ensure a coordinated and consistent message to suppliers regarding development plans and performance


-          Keeping current with industry intelligence regarding supply base and commodities


-          Developing and maintaining easily accessible supplier profiles, including financial stability and product/technology profiles



  • Recommend and implement improvements in supply chain management (e.g. cash to cash cycles, inventory levels, flexibility and information flows)

  • Manage, train , and develop current procurement staff members

  • Manage negotiation and contracting process for company wide suppliers, ensuring PNY’s protection and best advantage.  Use leading edge techniques beyond price/volume trade-offs.

  • Track and manage open escalated supplier issues

  • Assist in the design and implement improvements to procurement processes which: support growth and customer segmentation strategies; improve responsiveness to customers and reduces operating expenses; reduce inventory DOS (Days of Supply) to targeted levels while improving overall customer OTTR (On-Time to Request) performance.

  • Improve Procurement planning processes with suppliers and contract manufacturing sites to balance asset utilization and customer responsiveness as appropriate.

  • Benchmark and track performance metrics

  • Use sound supply chain analysis techniques to identify performance issues

  • Lead improvement and resolution projects related to performance

  • Facilitate the efficient transfer of information to and from the supply chain teams

  • Aid in the development, implementation, testing, and use of advanced procurement tools

  • Assist in other areas, as assigned

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