Mac Properties Careers - Purchasing/Inventory Manager

$115,000 - $115,000/Yr

MAC Property Management - Chicago, IL

Full-time - Mid Level

Hybrid - Chicago, IL

Real Estate

About the position

We are seeking a highly organized and detail-oriented professional to fill the role of Purchasing/Inventory Manager. This hybrid position combines responsibilities related to procurement and inventory management to ensure the efficient and cost-effective operation of our supply chain. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a proven track record in both purchasing and inventory control. This Purchasing/Inventory Manager role offers a unique opportunity to contribute to the optimization of our supply chain operations and drive cost-effective and efficient procurement practices. If you have a passion for strategic sourcing and inventory control, we encourage you to apply! This role will be based in Chicago, IL and will offer an annual salary of $115k annually!

Responsibilities

• Develop and implement effective procurement strategies to secure quality goods and services at optimal prices.
• Identify reliable suppliers, negotiate contracts, and establish long-term relationships to ensure a stable supply chain.
• Evaluate supplier performance regularly and implement improvements where necessary.
• Stay updated on market trends, pricing, and product availability to make informed purchasing decisions.
• Oversee and maintain accurate inventory levels to meet customer demand while minimizing excess stock.
• Implement and optimize inventory control procedures to reduce carrying costs and prevent stock outs.
• Collaborate with cross-functional teams to forecast demand and plan inventory levels accordingly.
• Conduct regular inventory audits to ensure accuracy and address discrepancies promptly.
• Develop and execute strategies to improve overall supply chain efficiency, cost-effectiveness, and responsiveness.
• Analyze data and metrics to identify opportunities for process improvement and cost savings.
• Collaborate with key stakeholders to align purchasing and inventory goals with overall business objectives.
• Work closely with sales, production, and finance teams to understand their requirements and align procurement and inventory strategies accordingly.
• Communicate effectively with suppliers to convey expectations, negotiate terms, and resolve any issues that may arise.
• Provide regular updates to leadership on purchasing and inventory performance, highlighting key metrics and areas for improvement.
• Ensure compliance with relevant regulations and company policies in all procurement and inventory activities.
• Identify and mitigate potential risks related to supply chain disruptions, pricing fluctuations, and other external factors.

Requirements

• Bachelor's degree in business, Supply Chain Management, or a related field.
• Proven experience in both purchasing and inventory management roles.
• Strong negotiation and communication skills.
• Analytical mindset with proficiency in data analysis tools.
• Familiarity with Salesforce a plus.
• Knowledge of industry best practices and emerging trends in supply chain management.