Purchasing Team Lead

Endries International•Brillion, WI

13d•Hybrid

About The Position

The 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.

Requirements

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
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

Responsibilities

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