- Identify, evaluate, and select suppliers to meet the company's operational needs while ensuring quality, cost-effectiveness, and reliability.
- Develop and maintain strong relationships with suppliers, negotiate contracts, and manage supplier performance to ensure timely delivery and compliance with quality standards.
- Implement cost-saving initiatives, conduct price benchmarking, and negotiate favorable terms to optimize procurement spend and achieve cost efficiencies.
- Collaborate with inventory control teams to maintain optimal inventory levels, minimize stockouts, and reduce excess inventory costs.
- Assess and mitigate supply chain risks, including supplier disruptions, geopolitical factors, and regulatory compliance issues.
- Continuously review and improve procurement processes and procedures to enhance efficiency, reduce lead times, and streamline operations.
- Work closely with internal stakeholders, including operations, finance, and quality assurance teams, to align procurement activities with business objectives and ensure seamless coordination across departments.
- Ensure compliance with relevant regulations, industry standards, and company policies, including ethical sourcing practices and environmental sustainability initiatives.
- Monitor market trends, industry developments, and supplier performance metrics to identify opportunities for innovation, cost savings, and competitive advantage.
- Evaluate potential vendors based on criteria such as financial stability, quality standards, production capacity, and technical capabilities.
- Bachelor's degree in business administration, supply chain management, or a related field; advanced degree preferred.
- Minimum of 5 years of experience in procurement, preferably in a manufacturing or healthcare industry.
- Proven track record of successful supplier negotiations, cost savings initiatives, and process improvements.
- Strong analytical skills and proficiency in data analysis tools and techniques.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work effectively in a fast-paced environment and manage multiple priorities simultaneously.
- Familiarity with procurement software systems and ERP platforms.
- Certification in procurement or supply chain management (e.g., CSCP, CPSM) is a plus.
- 401(k)
- 401(k)
- Dental insurance
- Flexible spending account
- Health insurance
- Life insurance
- On-site gym
- Paid parental leave
- Paid time off
- Vision insurance
- 8 hour shift
- Monday to Friday
- What is your preferred salary?
- Tustin, CA (Required)
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Procurement Manager - Tustin, CA, United States - CV Resources
Description
*Overview: We are seeking a highly skilled Procurement Manager to join our dynamic team. As a Procurement Manager, you will play a pivotal role in ensuring the smooth operation of our supply chain processes. You will be responsible for sourcing, negotiating, and procuring goods and services essential for our company's operations. The ideal candidate will have a strong background in procurement, excellent negotiation skills, and a keen eye for detail.*Responsibilities: * *Strategic Sourcing:
* *Supplier Management:
* *Cost Management:
* *Inventory Management:
* *Risk Management:
* *Process Improvement:
* *Cross-functional Collaboration:
* *Compliance:
* *Market Analysis:
* *Vendor Qualification:
Job Type:
Full-time
Pay:
$120, $140,000.00 per year
Benefits:
Schedule:
Application Question(s):
Ability to Commute:
Work Location:
In person