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Mid-South Metal Products Inc

Purchasing Manager

Mid-South Metal Products Inc, Collierville, Tennessee, United States, 38017


Purchasing Manager

VersaTube is a leading producer of do-it-yourself steel building kits. From the personalized design of each building through assembling the structure with basic home tools, VersaTube provides a complete customer-empowering experience.

We seek an experienced, results-driven purchasing manager to join our team at VersaTube Building Systems. As a purchasing manager, you will be responsible for handling the procurement process, sourcing suppliers, and managing vendor relationships to ensure a seamless supply chain at all four of our manufacturing facilities. You will also collaborate with cross-functional teams, make strategic decisions, and implement best practices within our procurement function. This is an exciting opportunity to contribute to our company's success and be part of a dynamic team in a competitive market. We offer competitive compensation packages, health benefits, and a supportive work environment that fosters learning and professional growth.

Objectives of this role

Developing and implementing procurement strategies and policies for cost optimization and enhancing supply chain efficiency.

Identifying, evaluating, and selecting suppliers based on quality, reliability, cost-effectiveness, and adherence to ethical and sustainability standards.

Negotiating contracts and terms with suppliers to ensure favorable pricing, payment terms, and mutually beneficial agreements.

Conducting market research and analysis to stay updated on industry trends, supplier capabilities, and pricing fluctuations.

Managing supplier relationships, including ongoing performance evaluation, issue resolution, and fostering long-term partnerships.

Optimize centralizing and decentralizing opportunities.

Your tasks

Implement procurement systems and tools to streamline processes and enhance efficiency.

Source and negotiate with potential suppliers, assess their capabilities, and evaluate their suitability based on predefined criteria.

Manage supplier relationships, including regular communication, performance evaluations, and issue resolution.

Continuously evaluate and improve procurement practices, including identifying cost-saving opportunities and process enhancements.

Develop and maintain procurement metrics to track performance, identify areas for improvement, and report on sourcing effectiveness.

Implement sustainable and socially responsible strategic sourcing practices, including supporting local suppliers and promoting ethical sourcing.

Stay updated on regulatory requirements and ensure compliance with applicable laws and regulations related to sourcing activities.

Work closely with accounting to ensure purchase orders are received and closed out/billed timely at the end of the month.

Work closely with plant managers to monitor inventory levels and forecast future purchasing needs to prevent shortages or overstock.

Required skills and qualifications

Strong steel industry experience.

Willingness and ability to perform all tasks associated with purchasing from completing Purchase Orders to long-term contract negotiations.

Proven excellent negotiation skills.

Strong leadership skills.

5+ years of experience as a successful Purchasing Manager.

In-depth knowledge of procurement principles, strategies, and best practices.

Strong skills in budgeting, cost optimization, and negotiation techniques.

Knowledge of vendor management and inventory management systems.

An analytical mind with excellent communication and interpersonal skills.

Ability to work collaboratively with cross-functional teams.

Willingness to work in a fast-paced and competitive environment.

Salary:

Based on Experience

Benefits:

401(k)

401(k) matching

Dental insurance

Health insurance

Paid time off

Vision insurance

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