Procurement Manager

Banker Steel Company LLC • Lynchburg, VA

5d

About The Position

The Procurement Manager is responsible for developing and executing procurement strategies that ensure the timely, cost-effective acquisition of materials, equipment, and services required for company operations. This role manages vendor relationships, negotiates pricing and terms, oversees purchasing processes, and ensures compliance with company policies and applicable regulations. The Procurement Manager balances strategic sourcing with hands-on execution while supporting the company’s goal of being a low-cost, high-performance producer.

Requirements

• Bachelor’s degree in business, Supply Chain Management, or a related field, or equivalent work experience
• 5-7 years of progressive experience in purchasing or procurement.
• Experience managing suppliers, contracts, and purchasing workflows.
• Strong negotiation and vendor management skills
• Proficiency with purchasing software (Fabtrol preferred) and Microsoft Office (Excel, Word, PowerPoint)
• Strong organizational and analytical skills with attention to detail
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Solid financial and budgeting acumen
• Professional communication skills with internal teams and external partners
• High level of integrity and sound judgment in handling company funds and contracts

Nice To Haves

• Manufacturing or steel fabrication experience preferred.
• Supervisory or lead experience preferred.

Responsibilities

• Develop and manage procurement strategies to support operational, project, and fabrication needs
• Negotiate pricing, terms, service levels, and contracts with vendors to achieve best overall value
• Establish and maintain purchasing policies, procedures, and approval controls
• Evaluate and qualify suppliers; develop new supply sources when existing vendors are inadequate
• Review bids, analyze proposals, and award purchase orders in alignment with budget and schedule requirements
• Negotiate blanket purchase orders and monitor cost performance over contract periods
• Oversee purchase order creation, tracking, and reconciliation, including invoice approval coordination with Accounts Payable
• Ensure timely delivery and acceptable quality of materials, equipment, and services
• Work closely with Receiving, Fabrication, Maintenance, and Project teams to resolve shortages, discrepancies, and delivery issues
• Track inventory levels for shop supplies, equipment, and maintenance items; ensure appropriate stocking levels
• Monitor procurement budgets, track monthly expenses, and report cost trends
• Evaluate vendor performance and recommend continuation, renegotiation, or termination
• Support equipment procurement decisions, including repair versus replacement analysis
• Ensure compliance with safety standards, environmental regulations, and corporate ethics policies
• Participate in cross-functional initiatives to consolidate purchasing, improve efficiencies, and leverage volume discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 251-500 employees