purchasing lead/ SupervisorEighty-Eighth Floor Gifts, Inc - Lapu-Lapu

EIGHTY-EIGHTH FLOOR GIFTS, INC
 
Is currently looking for:
 
PURCHASING LEAD/SUPERVISOR
 
Position Summary: The Purchasing Lead/Supervisor is responsible for overseeing and managing the purchasing activities of Eighty Eight Floor Gifts Inc. This role ensures the timely and cost-effective procurement of materials, goods, and services necessary for production. The Purchasing Lead/Supervisor will supervise the purchasing team, collaborate with various departments, maintain supplier relationships, and ensure compliance with company policies and quality standards.
 
Key Responsibilities:
Purchasing Management:
Oversee the purchasing process for raw materials, components, and other goods needed for production.
Negotiate contracts, prices, and terms with suppliers to ensure competitive pricing and quality products.
Review and approve purchase orders, ensuring proper documentation and accuracy of orders.
Supplier Relationship Management:
Develop and maintain strong relationships with key suppliers to ensure timely delivery and quality consistency.
Evaluate supplier performance regularly based on delivery times, pricing, and quality standards.
Address any supplier-related issues or concerns promptly to minimize production delays.
Team Leadership:
Supervise and guide the purchasing team, providing training and support to ensure effective procurement practices.
Assign purchasing tasks and prioritize workloads within the team.
Monitor the team's performance and implement improvements to increase efficiency and accuracy.
Inventory Control and Management:
Work closely with the inventory management team to ensure accurate stock levels and avoid overstocking or stockouts.
Coordinate with production teams to forecast material needs and plan orders accordingly.
Manage inventory turnover and ensure the timely reordering of materials based on demand.
Budget and Cost Management:
Monitor and control purchasing budgets to ensure adherence to financial targets.
Identify cost-saving opportunities and suggest process improvements to optimize procurement spending.
Ensure all purchasing activities align with the company's financial goals.
Compliance and Documentation:
Ensure all purchasing activities comply with company policies, industry regulations, and legal requirements.
Maintain accurate records of all purchase orders, contracts, and supplier communications.
Assist with audits related to purchasing and procurement practices as required.
Reporting and Analysis:
Generate and present reports on purchasing activities, supplier performance, and inventory status to senior management.
Analyze trends in purchasing data to identify opportunities for cost reductions and process improvements.
Collaboration with Other Departments:
Work closely with production, engineering, and finance teams to align purchasing with company needs and project timelines.
Assist in the development of new products by sourcing materials and components required for prototypes or production.
Qualifications:
Education:
Bachelor's degree in Business Administration, Supply Chain Management, or a related field (preferred).
Additional certifications in procurement or purchasing are a plus.
Experience:
3-5 years of experience in a purchasing or procurement role, with at least 2 years in a supervisory capacity.
Experience in a manufacturing environment is highly preferred.
Skills and Competencies:
Strong negotiation and vendor management skills.
Knowledge of inventory management and supply chain processes.
Proficient in using purchasing software and ERP systems (e.g., SAP, Oracle).
Excellent communication and interpersonal skills.
Strong analytical and problem-solving abilities.
Attention to detail and ability to manage multiple tasks simultaneously.
Working Conditions:
Full-time position.
Office-based with occasional site visits to suppliers or production facilities.
Occasional travel may be required for supplier meetings or audits.
This job description outlines the core responsibilities and qualifications for a Purchasing Lead or Supervisor in a manufacturing company. It highlights the importance of procurement management, supplier relationships, team leadership, and cost efficiency in this role.