Purchasing Manager (Direct Procurement)

Company: Benjamin Moore & Co
Location: Montvale
Posted on: November 19, 2024

Job Description:

Purchasing Manager (Direct Procurement)





ID

2024-1750




Category

Procurement



Position Type

Salaried



Remote

No



Shift Time

8a-5pm






































Overview









At Benjamin Moore, we empower our team members to achieve their goals and make a positive impact in our communities. We offer a rewarding and inspiring work environment that fosters creativity, collaboration, and a strong sense of camaraderie. Our culture of excellence and transparency encourages our colleagues to bring their authentic selves and unique perspectives/ideas every day. With 140 years of rich history behind our brand, we know that our people are the driving force behind our success. We believe in investing in our colleagues by offering work-life balance, competitive/ benefits, ongoing learning/continuing education, and skill development. Through a positive and engaging workplace, we facilitate growth, development, and fulfillment for all. Join us and be a part of a brand that inspires creativity, innovation, and passion in support of locally-owned stores around the world. Click here to see how you can paint your future! Job Summary The Purchasing Manager (Direct) will report to the Director of Purchasing (Direct) and have ownership of the Monomer/Polymer spend. The Purchasing Manager will interact with the Senior Leadership team and partner directly with Department heads within Supply Chain, inclusive of, Operations, Planning, R&D, Logistics, as well as other departments. Working relationships with these key stakeholders will be essential. This role will be responsible for strategic sourcing, risk mitigation, cost savings, negotiating & maintaining contracts, managing relationships with suppliers and internal customers to ensure cost-effective purchasing while maintaining high quality, reliability and limiting risk. The Purchasing Manager will take a strategic approach to procurement will contribute to the organization's efficiency, profitability, and overall success. Soft Skills

• Leadership: Supervises 1-3 direct reports with the ability to develop personal growth opportunities, while managing multiple projects for organizational growth. The ability to inspire and motivate others towards a shared vision or goal.
• Emotional intelligence (Self-awareness): The ability to recognize and manage one's own emotions, as well as recognizing the emotions of others.
• Adaptability: The ability to be flexible and adaptable in response to changing situations and demands.
• Conflict resolution: The ability to manage and resolve conflicts constructively and respectfully.
• Coaching Skills: The skill for growing and developing others. Knowing how to ask the right questions, active listening, and empowering others, as well as building rapport with colleagues.
• Trust Building: Building a team environment where the employees feel safe. Leaders need to be authentic, honest, transparent, and compassionate.
• Problem Solving: The ability to identify and analyze problems and produce effective solutions.
• Creativity (critical thinking): The ability to be forward-thinking and strategic and present innovative solutions.
• Time management: The ability to prioritize tasks and manage time effectively.
• Teamwork: The ability to work collaboratively with others towards a common goal, recognizing different perspectives and strengths.
• Empathy: Genuinely caring for others and being able to understand another person's situation and perspective.
• Cultural competence (The ability to work across cultures): The ability to understand and appreciate diverse backgrounds, perspectives, and ways of thinking.Key Responsibilities
  • Build and maintain relationships with suppliers, ensuring alignment with the company's objectives, values, and quality standards * Monitor supplier performance, address any issues or concerns, and drive continuous improvement through collaboration and feedback * Create and act on various analytic reports such as run-out analysis, forecast analysis, and TCO.
  • Maintain and communicate issues related to commodity forecasts * Shared ownership of new product development and implementation within the network * Develop and maintain projects to completion * Develop and implement sourcing strategies for business commodities.
  • Identify potential new suppliers, conduct supplier evaluations and audits * Identify and mitigate risks associated with the supply chain, including supply disruptions, vendor dependencies, geopolitical factors, and regulatory compliance.
  • Develop, communicate, and maintain contingency plans and alternative sourcing strategies to minimize potential impacts on business operations.
  • Analyze spending patterns and market trends to identify opportunities for cost savings and process improvements * Implement cost reduction initiatives, including supplier consolidation, volume discounts, and value engineering, while maintaining product quality and service levels.
  • Lead contract negotiations with suppliers, leveraging market insights and benchmarking data to achieve favorable terms, pricing, security of supply, and other contractual terms.
  • Ensure contracts are compliant with legal and regulatory requirements and mitigate risks through effective contract management.
  • Adhere to procurement processes to ensure compliance, increase efficiency, and enhance the overall procurement experience.
  • Achieve annual KPI/Metrics related to cost savings, training, supplier audits, contract management, lost discount tracking, days payable outstanding, MRP compliance, inventory tracking, and more * Manage team of direct reports to deliver results and provide support to further their professional growth.
  • Ability to travel up to 25%
  • Performs other duties as required
    
    
    
    
    
    
    
    
    
    
    
    
    
    Responsibilities
    
    
    
    
    
    
    
    
    
    Key Responsibilities
    • Build and maintain relationships with suppliers, ensuring alignment with the company's objectives, values, and quality standards * Monitor supplier performance, address any issues or concerns, and drive continuous improvement through collaboration and feedback * Create and act on various analytic reports such as run-out analysis, forecast analysis, and TCO.
    • Maintain and communicate issues related to commodity forecasts * Shared ownership of new product development and implementation within the network * Develop and maintain projects to completion * Develop and implement sourcing strategies for business commodities.
    • Identify potential new suppliers, conduct supplier evaluations and audits * Identify and mitigate risks associated with the supply chain, including supply disruptions, vendor dependencies, geopolitical factors, and regulatory compliance.
    • Develop, communicate, and maintain contingency plans and alternative sourcing strategies to minimize potential impacts on business operations.
    • Analyze spending patterns and market trends to identify opportunities for cost savings and process improvements * Implement cost reduction initiatives, including supplier consolidation, volume discounts, and value engineering, while maintaining product quality and service levels.
    • Lead contract negotiations with suppliers, leveraging market insights and benchmarking data to achieve favorable terms, pricing, security of supply, and other contractual terms.
    • Ensure contracts are compliant with legal and regulatory requirements and mitigate risks through effective contract management.
    • Adhere to procurement processes to ensure compliance, increase efficiency, and enhance the overall procurement experience.
    • Achieve annual KPI/Metrics related to cost savings, training, supplier audits, contract management, lost discount tracking, days payable outstanding, MRP compliance, inventory tracking, and more * Manage team of direct reports to deliver results and provide support to further their professional growth.
    • Ability to travel up to 25%
    • Performs other duties as required
      
      
      
      
      
      
      
      
      
      
      
      
      
      Qualifications
      
      
      
      
      
      
      
      
      
      Qualifications
      • Bachelor's Degree in field of Business, Engineering, Sciences or Supply Chain Management * CPSM a plus
      • 5+ years' experience in direct procurement, with relational experience with manufacturing, planning, R&D, and logistics
      • Industrial manufacturing and/or Business Management experience preferred
      • Required experience in the use of SAP * Preferred experience in contract management systems, and data analytic systems
      • Excellent computer skills; Microsoft Suite * Excellent verbal and written communication skills with a strong customer-centricity focus
      • Must be able to communicate and interface at all levels of the organization and with suppliers to solve problems when facing evolving demands
      • Excellent organizational and follow-up skills with a strong attention to detail
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        

Keywords: Benjamin Moore & Co, Tenafly , Purchasing Manager (Direct Procurement), Professions , Montvale, New Jersey