Director of Purchasing

Full job description

Summary:

The Director of Purchasing will collaborate with executive leadership, Business Unit (BU) leaders, planners, buyers, and scheduling teams to implement a procurement strategy that aligns with business objectives. This role requires a proactive leader who can develop high-performing teams, foster supplier partnerships, and drive continuous improvement to support Larsen's profitability and customer service goals.

Key Responsibilities:Strategic Leadership & Supplier Management:

• Develop and execute a comprehensive procurement strategy to optimize cost efficiency, supplier performance, and supply chain resilience.
• Cultivate strong relationships with key suppliers to ensure alignment with company objectives, including cost reduction, quality assurance, and risk mitigation.
• Establish and maintain the Approved Vendor List (AVL), ensuring supplier compliance with company quality and pricing standards.
• Conduct quarterly supplier performance reviews, tracking quality, delivery performance, and cost-saving initiatives.
• Lead contract negotiations with key suppliers to secure competitive pricing, consistent supply, and favorable terms.

Operational Excellence & Process Improvement:

• Supervise and develop a high-performing procurement team, including buyers and purchasing staff, to drive efficiency and effectiveness.
• Partner with manufacturing facilities (IL & TX) and business leaders to align purchasing strategies with operational goals.
• Oversee inventory management practices to balance cost control with production needs, ensuring optimal stock levels.
• Monitor market trends, material availability, and pricing fluctuations to anticipate potential supply chain disruptions and recommend solutions.
• Lead continuous improvement initiatives to enhance purchasing operations, leveraging technology and data analytics for better decision-making.

Executive Reporting & Cross-Functional Collaboration:

• Provide regular reports to executive leadership on purchasing performance, supplier risks, and cost-saving opportunities.
• Work closely with Finance, Operations, and Supply Chain teams to align purchasing activities with overall company goals.
• Ensure compliance with ISO/TS requirements and other relevant industry standards.
• Lead and support special projects related to sourcing, supplier development, and process optimization.

Qualifications & Experience:

• 10+ years of progressive purchasing experience in a manufacturing environment, preferably in metal fabrication.
• Bachelor's degree in Supply Chain Management, Business, Engineering, or related field (preferred).
• Proven leadership experience, managing and developing procurement teams.
• Expertise in supplier negotiations, contract management, and cost-reduction strategies.
• Strong knowledge of ISO/TS quality standards and compliance requirements.
• Ability to analyze technical drawings and mechanical specifications (preferred).
• Proficiency in MS Excel, Word, and ERP systems for procurement and inventory management.
• Exceptional strategic thinking, problem-solving, and decision-making abilities.
• Strong interpersonal and communication skills with the ability to influence stakeholders across all levels.
• Ability to manage multiple projects in a dynamic, fast-paced environment.
• A "Whatever it takes!" mindset to drive continuous improvement and operational success.