Purchasing Manager (Direct Procurement)

Benjamin Moore - Montvale, NJ

Full-time - Mid Level

Montvale, NJ

Chemical Manufacturing

About the position

The Purchasing Manager (Direct Procurement) at Benjamin Moore will oversee the Monomer/Polymer spend and report directly to the Director of Purchasing. This role is pivotal in strategic sourcing, risk mitigation, and cost savings while maintaining high quality and reliability in procurement. The Purchasing Manager will collaborate with various departments, including Operations, Planning, R&D, and Logistics, to ensure effective purchasing strategies that contribute to the organization's efficiency and profitability.

Responsibilities

• Build and maintain relationships with suppliers, ensuring alignment with the company's objectives, values, and quality standards.
• Monitor supplier performance, address any issues or concerns, and drive continuous improvement through collaboration and feedback.
• Create and act on various analytic reports such as run-out analysis, forecast analysis, and TCO.
• Maintain and communicate issues related to commodity forecasts.
• Shared ownership of new product development and implementation within the network.
• Develop and maintain projects to completion.
• Develop and implement sourcing strategies for business commodities.
• Identify potential new suppliers, conduct supplier evaluations and audits.
• Identify and mitigate risks associated with the supply chain, including supply disruptions, vendor dependencies, geopolitical factors, and regulatory compliance.
• Develop, communicate, and maintain contingency plans and alternative sourcing strategies to minimize potential impacts on business operations.
• Analyze spending patterns and market trends to identify opportunities for cost savings and process improvements.
• Implement cost reduction initiatives, including supplier consolidation, volume discounts, and value engineering, while maintaining product quality and service levels.
• Lead contract negotiations with suppliers, leveraging market insights and benchmarking data to achieve favorable terms, pricing, security of supply, and other contractual terms.
• Ensure contracts are compliant with legal and regulatory requirements and mitigate risks through effective contract management.
• Adhere to procurement processes to ensure compliance, increase efficiency, and enhance the overall procurement experience.
• Achieve annual KPI/Metrics related to cost savings, training, supplier audits, contract management, lost discount tracking, days payable outstanding, MRP compliance, inventory tracking, and more.
• Manage a team of direct reports to deliver results and provide support to further their professional growth.

Requirements

• Bachelor's Degree in field of Business, Engineering, Sciences or Supply Chain Management.
• 5+ years' experience in direct procurement, with relational experience with manufacturing, planning, R&D, and logistics.
• Required experience in the use of SAP.
• Excellent computer skills; Microsoft Suite.
• Excellent verbal and written communication skills with a strong customer-centricity focus.
• Must be able to communicate and interface at all levels of the organization and with suppliers to solve problems when facing evolving demands.
• Excellent organizational and follow-up skills with a strong attention to detail.

Nice-to-haves

• CPSM certification is a plus.
• Preferred experience in contract management systems and data analytic systems.
• Industrial manufacturing and/or Business Management experience preferred.

Benefits

• Work-life balance
• Competitive benefits
• Ongoing learning and continuing education
• Skill development