Director of Procurement - in Ellsworth, Iowa or Siloam Springs, Arkansas

Responsibilities:

• Responsible for development and execution of short and long-term procurement and inventory control strategies across the enterprise.
• Assist in negotiating price and term contracts with suppliers for optimal cost and delivery terms; communicates with suppliers to resolve problems that may arise regarding delivery, quality, price, or conditions of sale.
• Develop preferred supplier and supplier contingency plans and conduct risk analysis.
• Manage and maintain approved supplier program; work with quality and production team to ensure suppliers meet program requirements and products are within specifications.
• Assists senior leadership in planning and sourcing raw material suppliers and contract negotiations in alignment with strategic growth objectives.
• Lead purchasing team in setting building, managing and maintaining the companies’ MRP System and providing training to other employees and departments.
• Report, record and maintain lead times, safety stock, ROP, minimum & maximum purchase requirements across items, production and warehouse facilities.
• Predict future inventory needs, produce plans for buying based on forecasts and sales data for all business units.
• Work alongside Production team to track and monitor inventory levels and production schedules, creating a stocking strategy for finished goods.
• Create and maintain efficient and accurate inventory control best practices, consistent with company policy, SOPs, and continuous improvement initiatives.
• Prepare daily inventory analysis to verify inventory shortages and discrepancies; lead team to resolve product shortages and implement plans for permanent resolution.
• Understand the business’s supply chain and help implement strategies to create more efficiencies and cost savings.
• Develop and maintain all reporting and documentation processes, policies, and Standard Operating Procedures (SOPs), documenting standard work and ensuring highest possible levels of productivity for the department.
• Responsible for all management and oversight of all supplier portal programs.
• Develop and implement a system that channels all procurement activities through the department, including non-inventory items.
• Control purchasing budget and promote culture of long-term saving on procurement costs.
• Manage, mentor and develop buyers or other direct reports.
• Hiring, onboarding, training, and ongoing performance of team members including performance reviews, corrective actions and terminations where required.
• Responsible for creating an atmosphere that promotes employee involvement while communicating regularly with all employees keeping them abreast of our Company values and goals.