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Procurement and Purchasing Manager

Red River Commodities
Fargo, ND
  • Expired: December 25, 2020. Applications are no longer accepted.

DescriptionRed River Commodities is seeming a Procurement and Purchasing Manager who will oversee the purchase of finished goods, ingredients, and/or packaging materials. Responsibilities will include but are not limited to: developing and maintaining relationships with vendors, understanding commodity market conditions, negotiating pricing, monitoring inventory levels, reordering at optimum time and price, troubleshooting issues, and negotiating transportation prices. This individual will also research and develop alternate vendor sources as needed and make recommendations regarding cost reduction, forecasting of material prices, optimizing profit margins, and maintaining inventory accuracy.ResponsibilitiesResponsible for sourcing and replenishment of third party finished goods in accordance with company inventory management practices.Negotiate contracts, policies and deadlines with suppliers and vendors.Monitor prices by product and vendor to predict and account for financial fluctuations.Assists in the evaluation of existing suppliers and selection of new suppliers.Provides ideas for productivity projects (cost savings initiatives) and works with team to complete.Participates in sourcing initiatives, vendor negotiations and Ideation sessions to achieve the lowest cost/ high quality product for Company Operations.Manage flow of goods and supplies for optimum production, analyzing and adapting internal policies.Prepare and process purchase orders and purchase requisitions, and maintain documentation of the acquisition of goods.Reviews and approves purchase requisitions.Issues purchase orders; secures and coordinates the delivery of finished goods to meet scheduled ship dates, follows up as necessary.Reviews the Re-Order Reports daily, as well as other system tools to identify materials needed to be purchased.Maintains inventory levels in accordance with business accepted practices and assists with inventory dispositions.Maintains accurate purchasing files including: accurate pricing, supplier lead times, minimum order quantities, freight rates, supplier contact information, fees and standard costs.Manages supplier administrative functions, including the addition or removal of supplier activation in the system.

Works closely and communicates frequently with business unit stakeholders - Manufacturing, Sales, Quality Assurance, Product Development, Supply Chain, etc. to adequately understand and meet Business Unit needs and requirements.Assists with developing new supplier relationships and cultivating existing ones: including attending supplier meetings, driving the RFP bid analysis, conducting cost of ownership analysis, financial impact analysis, inventory run out analysis, supply planning analysis, system maintenance of cost, lead time, MOQ, ROP and compiling and analyzing other procurement related data.Identifies and communicatesuniquematerial risks and potentialobsoletematerials.Compiles month-end inventory turns reporting to assist with continuous turn improvement.Supports Research & Development, when requested, to source raw materials from the current supplier base or new suppliers.QualificationsBachelor s Degree with emphasis in purchasing, materials management, supply chain or related field (or equivalent combination of education and experience)Minimum of 3-5 years of purchasing and procurement experienceMust have solid understanding of production planning within an ERP/MRP system.Proven cost savings history within purchasing.Proficient in Microsoft Office (Excel, Word and Access).Must have good planning, organizational and execution skills.Ability to meet deadlines and established goals and objectives in a fast-paced environment.Must have strong negotiation skills.Excellent verbal and written communication skills.Possesses strong interpersonal skills, works well with others, respectful of all team members, good time management skills.

Red River Commodities


Fargo, ND



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