Director of Procurement and Inventory |
| Nov. 03, 2009 - Dec. 31, 2009 |
| Location: | Lanham, MD |
| Benefits: | Medical, Dental, Diability, Life, 401k |
| Employment Type: | Full Time |
| Department: | Purchasing |
| Description: | The Director of Procurement and Inventory Operations will oversee and provide strategic leadership for all direct material procurement and inventory control activities for the company. This position will drive purchasing and inventory decision making for all divisions of the business in addition to driving cost savings initiatives and multiple vendor sourcing.
As a member of the Hargrove management team, the Director of Procurement and Inventory operations will be an integral part of establishing the vision and strategy for the organization and provide feedback and recommendations to the executive team.
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| Duties: |
Responsible for development and implementation of purchasing organizational design, staffing, strategies, processes, policies, budgets, goals/objectives, and enabling technology infrastructure.
Provides strategies and plans for long and short-term procurement of direct materials, assuring availability of materials at acceptable prices while controlling inventory levels.
Responsible for the direction of the materials management and purchasing function to achieve service and inventory goals as well as the development of best in class processes to drive service level improvement
Will directly manage key deliverables including cost, quality and service of materials
Will also mentor the procurement team towards innovative buying techniques, develop new supplier channels, and work strategically to develop and implement Procurement Best Practices
Managing and mentoring a team of purchasing professionals and inventory staff
Establishing and maintaining measurable performance metrics for all levels of procurement
Report to management the measurable status of progress and corrective actions as it pertains to supplier performance
Ensure performance improvement and recovery plans are developed, issued, tracked and reported on as required for supply base management and improvement
Negotiate and execute purchase orders or vendor contracts as needed to support the critical business needs
Manage material flow to insure inventory is maintained to the optimum level to support on time customer deliveries while keeping inventory holdings at the appropriate levels
Strategically develop and implement commodity/supply chain strategies covering all commodities, services and supplier processes throughout a global enterprise to deliver maximum value, leverage, and standardization
Lead efforts to drive cost out of the supply chain by managing the following: Commodity and negotiation strategies including Terms and Conditions Supplier selection/de-selection, evaluation and rationalization of Supply chain solutions, including vendor managed inventory (VMI), supplier consignment, safety stock levels, etc.
Drives usage of cost models to validate commodity strategies and to understand significant cost drivers
Develops an overall vendor base which creates and sustains a competitive advantage, utilizing global market exploitation, leveraging spending, and leveraging of technologies
Provides commodity support to account and project management teams as required to meet target costs and to establish program cost models
Manages materials savings initiatives in line with profit plan and overall business objectives
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| Qualifications: | 7-10 years progressive experience in Purchasing & Sourcing with extensive experience in the manufacturing industry, preferably in a strategic setting in a mid to large size organization
Solid track record meeting substantial material cost reduction targets
Bachelors degree in Purchasing, Production/Operations Management or Engineering and/or equivalent business experience
Strong computer skills, ideally with experience using Windows-based PC programs
Ability to coordinate multiple group efforts within the company to achieve objectives
Excellent written and verbal communication skills as well as organizational and problem solving proficiency
Ability to handle multiple tasks, with awareness of deadlines
Ability to identify processes needing improvement and to recommend improvements
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