Procurement Manager

Are you an experienced purchasing leader seeking an exciting new opportunity? Do you have a proven track record of improving operating processes and strategic supplier selection? If so, we want to hear from you! Ferretti Search is currently seeking a Procurement Manager for a newly created role with a global manufacturing leader headquartered in Charlotte.

Location: Charlotte, NC

Compensation: Up to $115k

Schedule: Full-time - 1st shift hours

Position Overview

We are seeking an experienced Procurement Manager to develop and lead purchasing operations, ensuring the efficient procurement of essential materials and services. The ideal candidate will possess a strong supply chain background, have exceptional negotiation abilities, and a demonstratable history of optimizing purchasing strategies, resulting in cost savings.

Key Responsibilities

• Procurement Strategy Development: Create and implement procurement strategies that align with the company's operational needs and goals.
• Supplier Relationship Management: Identify and establish relationships with reliable suppliers, negotiate contracts, and ensure timely delivery of quality materials and services at competitive prices.
• Market Analysis: Monitor market trends, pricing fluctuations, and supplier performance to identify opportunities for cost savings and process improvements.
• Stakeholder Collaboration: Work closely with production, engineering, and finance teams to forecast demand, prioritize purchasing needs, and align procurement activities with overall business objectives.
• Supplier Evaluation: Conduct supplier audits, assess capabilities, and evaluate risks to ensure compliance with quality standards, regulatory requirements, and ethical practices.
• Cross-Functional Leadership: Lead teams in supplier evaluation and selection, manage supplier performance, and address quality, delivery, and pricing issues.
• Policy and Procedure Development: Develop and maintain procurement policies and procedures to ensure compliance with company standards, industry regulations, and best practices.
• Inventory Management: Monitor and manage inventory levels, optimize inventory control processes, and reduce stockouts and carrying costs to improve cash flow.
• Data Analysis and Reporting: Analyze procurement data, generate reports, and provide insights to senior management to support decision-making and strategic planning.
• Continuous Improvement: Stay updated on industry trends, best practices, and technological advancements to drive continuous improvement and innovation in procurement and supply chain management.

Qualifications

• Bachelor's degree in business, supply chain management, or a related field.
• At least 5 years of manufacturing experience in procurement, purchasing, or supply chain.
• Expertise in strategic sourcing, contract negotiation, supplier management, and cost analysis.
• Proficiency in MS Suite and NetSuite
• Proven track record of achieving cost savings, driving results, and enhancing efficiency in supply chain operations.

Interested? Please click to apply or email your resume and a cover letter outlining your relevant experience and qualifications to Evan Beesley at [email protected] to learn more about this exciting opportunity.

Ferretti Search is an award-winning Recruitment Firm specializing in Executive Recruiting and Staffing. Our product is people. Ferretti Search has a dedicated team of executive recruiters ready to help our clients find employment solutions that benefit them as well as match our candidates with a company that meets their job preferences and career goals. At Ferretti Search, we believe in transparency throughout the entire process in order to serve our clients and candidates better. We take pride and value our relationship with our clients and candidates.