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Procurement Manager

Job Details

Old Location - Los Angeles, CA

  • Collaborate with Sales and Logistics to create order forecasts to negotiate for best pricing, quality, service, and performance with manufacturers.
  • Proactively monitor and leverage market and commodity insights in negotiations to create short-term and long-term ordering strategies.
  • Develop a cadence and conduct business reviews with manufacturers to monitor progress, identify issues, opportunities, market insights and identify cost saving opportunities.
  • Maintain relationships with manufacturers and advocate for customer requirements, concerns while sharing import market trends.
  • Negotiate contracts with core manufacturers to obtain best price, service, and security in supply to meet customer demand.
  • Continuously source alternative manufacturers. Identify, vet, onboard and manage overall relationship with new manufacturers to ensure consistent supply.
  • Identify cost reduction opportunities to achieve overall company financial goals.
  • Identify risks and develop effective mitigation plans in a timely and effective manner.
  • Generate performance reports that track and analyze key performance metrics on a monthly and/or quarterly basis.

Minimum Requirements

  • 5+ years of work experience as a Procurement Manager
  • Bachelors Degree in Business Administration, Supply Chain Management, Finance or relevant field
  • Understanding of end-to-end supply chain
  • Understanding of product costing, price analysis and budgeting
  • Demonstrated proficiency in forecasting, pricing analyst and financial and operational impacts
  • Understanding of contact terms and contact negotiations
  • Strong analytical, organizational, decision making and presentation skills.
  • Strong interpersonal skills are also essential to effectively interact with all teams, areas and levels of business
  • Have excellent written and verbal communication skills.
  • Be efficient with a high degree of accuracy.
  • Proficiency in Excel

Preferred Requirements

  • Experience with SAP Software preferred
  • Relevant industry experience a plus.
  • Interest in International Trade and Global Affairs.

An Ideal Candidate Must

  • Be able to self-motivate and recognize priority of issues.
  • Will have a love for and appreciation of organization and fast paced change/results.
  • Be a mature individual with confidence and focus.