Overview
Component Solutions Group’s Machining and Assembly Division is a leading provider of high-quality, OE-engineered components manufactured in the USA. As we continue to expand our operations, we are seeking an experienced, dynamic, self-starting individual for Procurement and Materials Manager at our operation in Lexington, KY. In this hands-on management role, you will be responsible for overseeing the management of materials, inventory, and supply chain operations while also leading the procurement and sourcing activities. This role will ensure a smooth flow of materials, optimize inventory levels, manage supplier relationships, and drive cost-effective purchasing practices.
Details
Key Responsibilities
Qualifications
Excellent Pay & Benefits
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Analyze and control procurement costs, seeking cost-saving opportunities, and optimizing purchasing practices without compromising quality.
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Oversee supplier performance, develop, and track key performance indicators (KPIs), and address any issues or concerns related to vendors.
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Create and implement strategies to maintain optimal inventory levels, balancing supply, and demand requirements to minimize excess inventory and carrying costs.
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Collaborate with cross-functional departments to accurately forecast future material requirements, considering production schedules, sales projections, and other relevant factors.
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Utilize and maintain (ERP) systems and other databases to track inventory levels, manage material flows, generate reports, and ensure an accurate and costing system.
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Assist with production planning for assembly and machining departments.
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Responsible for the preparation, process, and variances of purchase orders in accordance with company policies, quality standards, and procedures.
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Oversee shipping and receiving functions related to purchased parts and finished goods.
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Manage and oversee three to four direct reports.
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Proven experience in materials management and procurement, with at least four (4) years of relevant experience.
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Industry experience and/or product knowledge is an asset.
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Strong analytical and problem-solving skills to optimize inventory and purchasing decisions.
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Excellent communication and negotiation abilities to work effectively with suppliers and internal teams.
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Proficiency in using ERP systems, inventory management software, and other relevant tools.
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Leadership skills to manage and motivate teams within both Inventory Control and Purchasing functions.
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Ability to multitask and adapt to a dynamic work environment.
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Highly organized, detail-oriented, and capable of prioritizing tasks effectively
CSG is an employee focused organization that prides ourself on integrity and team work. Our goal is to provide exceptional customer service and quality products. We offer a great work environment and an opportunity to grow your career.
CSG offers a competitive compensation package, which includes base expense, commission, plus sales bonus opportunities.
Other Benefits include:
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Medical, Dental and Vision HSA and PPO plans
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Paid vacation, Sick time and holiday pay
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401 (k) package with company match
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Company paid Life insurance
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Disability options available
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Quarterly bonus based on the performance of the Prototype Shop and overall Company performance.
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