Director of Inventory & Procurement at BCI Acrylic – Libertyville, Illinois

100% ON-SITE POSITION

Summary
Under the direction of the COO, the Director of Inventory and Procurement is responsible for ensuring the efficiency and cost effectiveness of the purchasing process within the organization. This involves setting purchasing policies, managing purchasing budgets, and overall management of the purchasing process.

Essential Duties and Responsibilities
This list of duties and responsibilities is not all inclusive and may be expanded to include other duties and responsibilities as management may deem necessary from time to time.

1. Setting and facilitating the overall purchasing strategy of the organization.
2. Work with both internal and external stakeholders regarding purchasing.
3. Work with vendors and suppliers to ensure the procurement process runs smoothly and improve it where necessary.
4. Develop and communicate a procurement business plan for the organization.
5. Manage / coordinate the sales and operations planning process including supply / demand forecasting, inventory management, and on time delivery.
6. Negotiate contracts and service agreements with suppliers.
7. Assess vendor capabilities, develop alternate sources and evaluate vendor performance.
8. Establish department practices and procedures.
9. Ensure that purchasing documents are properly completed.
10. Analyze market; recommend major purchases of materials based on anticipated changes in prices or unusual availability situations.
11. Prepare status reports as needed.
12. Communicate with other departments regarding product developments and the availability of materials and supplies.
13. Keep abreast of changes in the market, new product developments or processes.
14. Seek cost reduction activities for all purchases.
15. Plan, develop, organize, direct, manage and evaluate the personnel, operations and budget of the organization’s supply chain.
16. Lead and manage purchasing, inventory control, forecasting, transportation, production scheduling and other areas required.
17. Develop analytics, systems and data management capabilities, including metrics and reports.
18. Direct the hiring, training, supervision, mentoring, and performance evaluations of supply chain staff, including purchasing, inventory and scheduling personnel.
19. Direct, coordinate, assign, monitor and review the work of individuals engaged in supply chain related duties.
20. Understand customers’ needs, service those needs, and maintain and develop positive business relationships with a customer’s key personnel involved in or directly relevant to supply chain activities.
21. Manage vendor relationships. (e.g., third party logistics)
22. Collaborate with staff, other departments, senior management, and decision makers to share information, problem solve, and to clarify management objectives.
23. Oversee organization-wide management of the strategic sourcing, procurement, contracting, and evaluation of services
24. Develop annual plans with prioritization and resourcing
25. Develop and / or participate in the development of the supply chain strategy for the organization
26. Manage and / or execute procurement related functions (e.g., develop and implement contract management and procurement frameworks, sourcing strategies, negotiate agreements, draft and manage contracts, etc.)
27. Implement and adhere to transaction management best practices.
28. Monitor and analyze current trends in the marketplace
29. Direct and manage corporate and regulatory compliance
30. Identify and manage risk within the supply chain
31. Address tactical and strategic supply chain issues
32. Stay informed of advances in supply chain technology and approaches, and apply within the organization to improve supply chain process
33. Establish key performance indicators, monitor ongoing performance, and improve performance against set goals
34. Develop and implement new systems, best practices, inventory control, demand planning, and other optimizations in order to grow the business
35. Perform other responsibilities as required or requested.

Job skills Requirements:

• Broad knowledge of purchasing function concepts and of supplier processes & practices.
• Well-developed written and verbal communication skills for report writing, presentations and interactions with diverse groups of people inside/outside of the corporation.
• Demonstrated broad knowledge and technical expertise in supply chain management.
• Demonstrate proficiency with PC software (WP, spreadsheets) and technology

Education and/or Experience:

• Bachelor’s Degree in Business or related fields or equivalent experience.
• Advanced Degree preferred.

• Minimum of 15 years of experience in area of specialty or industry.

Physical Demands
The physical demands described here are representative of those that must met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel objects, tools, or controls and reach with hands and arms. The employee is occasionally required to stand; walk, stoop, kneel, crouch, or crawl. The employee must frequently lift and /or move to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception.

Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee occasionally exposed to fumes or airborne particles. The noise level in the work environment is usually moderate.

Bath Concepts is an Equal Opportunity Employer