Manager, Purchasing

Our Company
Lancer Worldwide, a Hoshizaki Company, is an award-winning global leader in beverage dispensing. Through innovation and a commitment to dedication in action, we create products that benefit our customers worldwide, and give them a distinct advantage in the marketplace. We offer our teammates the opportunity to grow personally and professionally, to contribute to the success of a dynamic organization, and to serve others in a manner that exceeds their expectations. We welcome talented, passionate, and highly motivated individuals to join our team.

Summary
The Purchasing Manager's responsibilities include developing purchasing strategies, maintaining positive relationships with suppliers, coordinating with internal teams regarding their supply needs, and leading/developing the purchasing team in their daily activities. The Purchasing Manager works with key partners to develop long-term sourcing strategies and negotiate deals with suppliers to identify opportunities for cost savings or other improvements. Responsible for creating and manage cost reduction projects for the entire team.

 

Key Performance Indicators

· Individual should oversee all cost reduction plans and actions across the team. Should target that 70+% of spend is under a valid Lancer supplier contract

· Individual should continuously manage and improve KPIs such as Supplier On-time Delivery, PPV, Supplier Payment Terms, Supplier Lead Time, Supplier Quality Gaps, and Supplier Sustainability Scorecard

· Individual should be aware of and influencing improvements to inventory stocking and assisting to eliminate excess and obsolete stock

· Individual should have strong understanding of external industry dynamics, regulatory & geopolitical challenges, and marketplace trends in order to drive strategic opportunities

· Individual should continuously interact with other internal stakeholders such as Engineering, Quality, Manufacturing, and Logistics to ensure that plans are being enacted to mitigate risk.

 

essential Functions
Strategic Procurement and Supplier Management:

· Continuously develop and implement Supply Chain strategies to exceed business objectives

· Monitor market trends, competitor strategies, and market suppliers to develop best cost strategies

· Manage relationships with all assigned suppliers and commodities

· Support supplier consolidation initiatives through the identification of “best cost” suppliers

· Negotiate global and local supply agreements

· Lead Quarterly Supplier Business Reviews to establish performance metrics and drive continuous improvement

· Plan and manage the inbound material supply line to achieve Supply Chain objectives.· Identify and implement process improvements within the planning/procurement process

· Work with senior management to set individual objectives and ensure progress

· Ensure new product introduction occurs in a timely manner and meets all business objectives

· Report on key performance measures, take appropriate action, and resolve performance issues

· Feed into SO&P (forecast requirements, material and capacity constraints)

Team Management and Performance:

· Create annual development plans for each team members consisting of both short-term and long-term objectives, personal development and stretch projects

· Host monthly performance reviews and assign actions to correct poor performance

· Create educational / development opportunities for all team members

· Coach and train buyers, planners and others as appropriate

· Forecast and administer the departmental budget

Compliance and Sustainability:

· Ensure personal compliance with ethical, regulatory, and compliance regulations.

· Ensure suppliers and service providers meet sustainability goals and requirements as outlined in the Supplier Code of Conduct

· Collaborate with suppliers to improve their sustainability performance

Additional Responsibilities:

· Other responsibilities as needed and assigned

 

Knowledge, Skills & Abilities

· Assignments are in the form of broad goals. There is broad latitude for decision making. Complex decisions / analysis is being made. Innovations and flexibility are being exercised

· Keeps abreast of the latest trends and activities within the marketplace for assigned commodity and the supply chain profession

· Knowledge of planning and scheduling techniques required

· Proficiency in leading teams, recruiting strong talent and creating a culture of high performance

· Competencies with expected proficiency – Collaboration, Execution, Leading [Project] Teams, Initiating Action, Work Standards, Execution, Coaching, Creating a Culture of Trust, Emotional Intelligence, Guiding Team Succ