Nesco Resource is in search of a Procurement Category Manager for one of our clients based in Meriden, CT.
POSITION SUMMARY
The Procurement Category Manager is responsible for developing, implementing and executing the procurement strategies and processes to assure resource adequacy and drive cost reduction. The role involves managing vendor relationships, negotiating contracts, and ensuring that procurement practices align with company objectives and compliance requirements. Occasional travel for supplier visits, industry trade shows, and other business-related needs will be required.
KEY RESPONSIBILITIES
- Develop Procurement Strategies: Create and implement procurement strategies that align with organizational supply chain and profitability goals.
- Vendor Management: Identify, evaluate, and select suppliers; runs RFQ/RFP and QBR processes; establish and maintain relationships; negotiate contracts and terms.
- Purchasing: Work with Buyers and supply planning team to oversee the purchasing/ replenishment process, including order placement and delivery/receipt of goods.
- Compliance: Ensure procurement processes comply with legal and regulatory requirements, and internal policies and procedures.
- Cost Analysis: Analyze spending patterns, internal bottoms-up/BOM product costs, and external raw materials processes to identify cost-saving opportunities.
- Budget Management: Monitor, manage and execute procurement budget and cost-reduction targets.
- Market Research: Conduct market research to stay informed about industry trends, commodity pricing trends and tracking, and new products.
- Reporting: Prepare and present procurement reports including performance metrics and cost analysis to senior management.
- Strong negotiation, communication and interpersonal skills.
- Ability to analyze data and make strategic decisions.
- Solid understanding of basic accounting principles is preferred.
- Familiarity with metals and/or plastic compounds manufacturing process is a plus.
- Experience within a manufacturing environment is preferred.
- Proficient in Microsoft Office Suite.
- Bachelor's degree in Engineering, Applied Science, Business Administration, Supply Chain Management or a related field.
- Minimum of 5 years of proven experience in procurement, supply chain management or a related field.
- Direct hire with excellent benefits including 3 weeks’ vacation, 401K (6% match), tuition reimbursement
- 1st shift, Monday – Friday (onsite), core hours, 8am – 5pm
- Salary range: $100K - $115K
- Must pass drug and background screenings
Nesco Resource offers a comprehensive benefits package for our associates, which includes a MEC (Minimum Essential Coverage) plan that encompasses Medical, Vision, Dental, 401K, and EAP (Employee Assistance Program) services.
Nesco Resource provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.