Assistant Purchasing Manager (S&OP/ Inventory planning)
7 months ago
We are seeking a highly skilled and organized individual to join our team as an Assistant Purchasing Manager
Responsibilities:
Assist the Purchasin..
We are seeking a highly skilled and organized individual to join our team as an Assistant Purchasing Manager
Responsibilities:
- Assist the Purchasing Manager in developing and implementing purchasing strategies to optimize inventory levels and meet production demands.
- Conduct S&OP meetings to align sales forecasts with production plans and ensure adequate inventory levels.
- Utilize ABC/XYZ analysis to categorize inventory items and prioritize purchasing activities based on demand patterns and criticality.
- Monitor inventory levels and identify opportunities to improve inventory turnover and reduce holding costs.
- Collaborate with cross-functional teams including Production, Sales, and Finance to ensure alignment of purchasing activities with business objectives.
- Analyze supplier performance and negotiate contracts to secure favorable terms and pricing.
- Oversee the procurement process from purchase requisition to delivery, ensuring timely and cost-effective purchasing.
- Utilize SAP or similar ERP system to manage purchasing transactions, track inventory levels, and generate reports for analysis.
- Stay informed about industry trends, market conditions, and emerging technologies to make informed purchasing decisions.
- Provide leadership and guidance to purchasing staff, fostering a culture of continuous improvement and accountability.
Requirements:
- Bachelor's degree in Supply Chain Management, Business Administration, or related field. Master's degree preferred.
- Proficiency in Sales and Operations Planning (S&OP) processes and methodologies.
- Experience with ABC/XYZ analysis and other inventory management techniques.
- Strong analytical skills with the ability to interpret data and make strategic recommendations.
- Advanced proficiency in SAP or similar ERP systems.
- Excellent communication and negotiation skills, with the ability to build strong relationships with suppliers and internal stakeholders.
- Proven track record of driving cost savings and process improvements in purchasing operations.
- Ability to work effectively in a team environment and collaborate across departments.
- Highly organized with strong attention to detail and the ability to prioritize and manage multiple tasks simultaneously.
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