DUTIES AND RESPONSIBILITIES
- Implement and maintain procurement strategies, policies, and procedures to optimize cost, quality, and lead time.
- Forecast procurement needs, analyze market trends, and ensure sourcing aligns with business objectives.
- Develop and track Key Performance Indicators (KPIs) to monitor procurement efficiency, supplier performance, and cost savings.
- Continuously identify opportunities for improvement and cost reduction in the supply chain.
- Build and maintain strong relationships with key suppliers, negotiating contracts to ensure favorable pricing and terms.
- Identify and onboard new suppliers to enhance supply chain flexibility and mitigate risks.
- Proactively monitor supplier performance, addressing issues related to quality, delivery, and service.
- Lead procurement activities related to new projects, ensuring suppliers align with Sherwood's operational needs and standards.
- Supervise, train, and develop purchasing staff, including buyers and planners, to strengthen procurement capabilities.
- Conduct performance evaluations, provide feedback, and ensure team alignment with business goals.
- Coordinate with production and planning teams to ensure material availability and prevent production delays.
- Monitor inventory levels, implement inventory control measures, and work to minimize stock shortages and excess.
- Manage purchase requisitions, approve and issue purchase orders, and ensure compliance with company policies.
- Track purchasing activities, analyze procurement data, and report trends to management for strategic decision-making.
- Handle supplier disputes, defective goods, and service-related issues, ensuring corrective and preventative actions are taken.
- Ensure all procurement activities comply with safety, regulatory, and ISO requirements.
- Liaise with Accounts Payable to ensure accurate and timely payment of supplier invoices.
- Manage procurement for capital projects, maintenance activities, and special orders.
- Maintain accurate procurement records, ensuring proper documentation of contracts, agreements, and purchase history.
- Support supplier audits and qualification processes to meet Sherwood's quality standards.
- Support the process improvement initiatives to enhance efficiency and eliminate non-value-added activities.
- Evaluate and implement solutions to streamline purchasing and supplier management functions.
- Ability to travel for supplier meetings, negotiations, and audits as required.
- Other duties as assigned.
- 5+ years of purchasing or supply chain experience, preferably in a manufacturing or industrial environment.
- Strong leadership skills with experience in managing teams and developing talent.
- Advanced negotiation skills with a proven track record of cost savings and supplier management.
- Proficiency in Microsoft Excel, Word, and ERP systems (Visual Manufacturing preferred).
- Strong analytical, problem-solving, and decision-making skills.
- Ability to manage multiple projects and deadlines in a fast-paced environment.
- Experience in contract management and supplier agreements.
- APICS or PMAC certification is an asset.
- Familiarity with engineering drawings and technical specifications.
- Knowledge of ISO procedures and audit requirements is an asset.
- Effective interpersonal and communication skills to build strong supplier and internal relationships.